Ford to sell Jaguar and Land Rover to Tata Motors

GM sells majority stake in GMAC to Cerberus group

Ford completes sale of Hertz to buyout group

Ford and UAW reach health care agreement

GM restates financials  

Delphi files for bankruptcy

Ford acquires 24 Visteon plants

GMAC sells 60% of commercial mortgage subsidiary

GMAC to sell up to $55 billion in loans to Bank of America

Kerkorian closes on tender offer for 4.95% of GM

Court rebuffs Kerkorian's claims against DaimlerChrylser

Files for IPO

• Seven months after acquisition by private equity consortium

• Hertz Acquistion

• Press release 7.14.06

SEC filings

• Form S-1 7.14.06

Auto supplier files Chapter 11

• About 50% of revenues are from GM

Websites

• Delphi dedicated website

Pre-filing

• Officer retention agreements 10.04.05

• Update on liquidity 9.30.05
• Rumors of credit facility drawdown 9.20.05
• Eliminates quarterly dividend 9.08.05
• Announces 2Q results 8.08.05

Ford buys plants and facilities from supplier

• Ford had spun-off auto supplier in 2000
• Ford credit rating downgrade 10.03.05

Announced 5.25.05

Closed 10.01.05

SEC_CODE_REF_0090001192884

Agreements

Sale to private equity consortium for $5.6 billion

• $15 billion total, including assumed debt

• 2nd largest US buyout
• Ford nets $5.6B in cash

• Sponsors are

• Clayton Dubilier
• Carlyle Group
• Merrill Lynch Global Private Equity
• Private Equity Club Deal

• Hertz had filed for an IPO carve-out in June 2005
• Financing summary

Announced 9.12.05

Closed 12.21.05

Advisors

Agreements

Hertz IPO  Abandoned

GMAC sells 60% of commercial mortgage subsidiary

• Press release 8.03.05
• GMAC Commercial Holding (GMACCH)
• Sold to private equity consortium

• KKR
• Five Mile Capita
• Goldman Sachs Capital Partners
• Private Equity Club Deal

GMAC to sell up to $55 billion in loans to Bank of America

• Press release 7.26.05

Announcements

• Investor presentation 10.24.05

Industries