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...But this breathing space looks temporary, on the way to a market tipping point. Europe’s auto companies should be using it to catch up with more competitive Chinese rivals. Read more here....
...But what about a third time? A fourth? For investors in Lotus Technology, this is not a moot discussion....
...Shippers have come to regard facilities in mainland China as a more attractive option than Hong Kong, to which goods manufactured in the delta region need to be trans-shipped by barge, small container ship...
...The market is now global, she adds, plus “you can acquire a piece almost just by clicking on a button.” So, “to be more competitive today, we found the solution was to become stronger.”...
...Here is a selection of what we’ve been looking at this week: 1) Renault chief Luca de Meo this week renewed his call for an “Airbus of autos” to counter the threat that Chinese electric vehicles pose to...
...Those sofas and the carpet are strewn with Offer’s trumpets — plus electric effects pedals: “I play jazz trumpet,” says Offer, who practises to take his mind off work....
...But not quite like a used-car salesman. Garcia, 41, is the billionaire co-founder and chief executive of Carvana, the online seller of pre-owned autos....
...If it happens, Tesla will be five times bigger than all the Texas-incorporated Russell 3000 stocks put together, FTAlphaville’s Bryce Elder adds.)...
...$25bn-plus enterprise value....
...One well-known plaintiffs lawyer sent DD’s Sujeet Indap an activist settlement struck this week between Advance Auto Parts and Third Point, which had a one-sentence legal drafting solution to the ostensibly...
...Instead, Hohenshell sees a different motive: Toyota wants to halt the march of the United Auto Workers. “It’s a bribe,” he said....
...Claire Bushey Well, there’s a lot at stake. I mean, auto wages, real auto wages, have been declining for a long time....
...Auto businesses will enjoy up to 11 per cent of the funds for green transportation....
...Not that a few indulgences haven’t been incorporated, including a small gym and infrared sauna and a generous continental breakfast....
...Thawing relations: Britain’s Labour party wants a defence and security pact with Brussels plus more trade links if it wins power....
...Plus, for US union leader Shawn Fain, the historic auto workers strike is only the beginning....
...And it seems like the US auto workers’ strike is coming to an end. Plus, the head of Alphabet testified before the US Department of Justice yesterday....
...Israeli ground forces pushed deeper into the Gaza Strip on Monday, General Motors has reached a tentative deal with the United Auto Workers union, and the social media platform X, formerly known as Twitter...
...As previously employed in PEPs, the approach could be to define “eligible UK companies” as ordinary shares in companies that are incorporated in the UK and are either listed on a UK stock exchange or that...
...“At SFr80,000 for a space of around 40 square metres, plus another SFr30,000 for creating and running the stand, it is a big investment for a small brand like ours,” says Arpa, “but I think it’s good to...
...On the plus side for employees, each participant gets a personal account and can opt for a lump sum at retirement instead of a regular payment....
...The buying entity, Global Auto Holdings Limited, was only incorporated in December, indicating that talks have been going on for several months....
...In a Monday update, the rating agency moved Ford up to triple-B minus from double-B plus....
...The deal is a significant victory for the union and includes a 25 per cent base pay raise through April of 2028, cost-of-living increases, plus bigger increases for starting and temporary workers....
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