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Driverless vehicles
China challenges the west for driverless car supremacy
...“It is very hard to measure, but if you look at the readiness of deployment and availability of technology, [China] is probably no more than one or two years behind,” said Raymond Tsang, an automotive technology...
January 31, 2024
VinFast LLC
VinFast to build India EV plant in $2bn investment in Tamil Nadu
...Tamil Nadu is India’s biggest exporter of electronics and a hub for its automotive industry....
January 7, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
VinFast LLC
VinFast loses more than $1.4bn despite rising revenues
...It said it had “started to see” sales increases in North America....
October 5, 2023
Berkshire Hathaway Inc
Berkshire Hathaway settles dispute over value of Pilot Travel Centers
...The surging valuation coincided with a boom in sales at Pilot’s truck stops, as companies raced to overcome supply chain disruptions they faced in the midst of the pandemic....
January 8, 2024
Europe Express
How von der Leyen managed Ukraine’s EU membership hopes Premium content
...Lee Hang-koo, executive adviser at the Korea Automotive Technology Institute, said the French move by itself would have a limited impact on Hyundai and Kia sales in the country....
November 6, 2023
Women in business
From philosophy fan to wind energy entrepreneur
...After graduating, she entered Italy’s automotive industry. “I immediately found a job — that is the luxury of engineering.”...
October 17, 2023
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
News in-depthVinFast LLC
The carmaker from Vietnam looking to take on Tesla
...Its sales centre in Santa Monica, nestled among outlets for Louis Vuitton and Tiffany on an open-air plaza, attracts “lots of footfall” from the nearby beach, according to a sales assistant, who asked to...
July 5, 2023
UK property
Apollo billionaire Leon Black buys £21m luxury home in London
...The sale is one of a number of high-end London home deals to have gone through during the pandemic....
November 18, 2021
#techAsia
AI’s other winners and the new battery battle Premium content
...Contemporary Amperex Technology (CATL), the world’s largest maker of automotive batteries, has announced plans to mass-produce and supply sodium-ion batteries for EVs this year....
April 6, 2023
News in-depthApollo Global Management LLC
Running out of road: Apollo gears up for Carvana showdown
...In the third quarter of last year, Carvana announced its first year-on-year decline in vehicle unit sales....
January 6, 2023
FT CollectionsTech Exchange
John Riccitiello: gamers don’t care whether it’s AR or VR — they just want good content
...Mark Zuckerberg is all in on the metaverse but VR headset sales remain pretty low. How do you see VR turning out today compared with what you expected when you made that investment?...
December 16, 2022
FirstFT
FirstFT: Red wave fails to materialise
...Corporate earnings Wall Street expects Rivian Automotive‘s third-quarter revenue to rise as it delivers more of its R1T pick-up trucks and R1S sports-utility vehicles....
November 9, 2022
Watches & Jewellery
Alexander Kraft: ‘I enjoy the sophisticated but discreet look’
...For Kraft, the Automotive Tourbillon reminds him of the time Ralph Lauren (the man) invited him to a private view of his classic car collection in New York....
January 28, 2022
Vingroup JSC
Vietnam’s VinFast to go all-electric in push to become global automaker
...EVs account for a small share of vehicle sales worldwide because of their higher price and recharging needs. Uptake has been particularly slow in emerging markets such as Vietnam....
January 6, 2022
Due Diligence
Meet private equity’s king of SaaS Premium content
...This week the Intel boss made his first big move, announcing the proposed spin-off of automotive sensor pioneer Mobileye, the FT’s Richard Waters reports....
December 8, 2021
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Electric vehicles
Dutch electric vehicle charging group to list through Apollo-backed Spac deal
...Its deal with Allego comes just weeks after Sunlight Financial, a business that helps finance residential solar systems, became a public company following its merger with Spartan II....
July 28, 2021
News in-depthDonald Trump
The ‘prince’ and the populist: Brazilian monarchist backs Trump media venture
...If Trump succeeds, one of the biggest winners will be Patrick Orlando, a Florida-based financial executive whose little-known firm, ARC Global Investments II LLC, put up $25,000 to buy a stake in the blank...
October 22, 2021
Technology sector
Why Silicon Valley is surviving the pandemic ad crash
...During the pandemic, advertisers are reverting to the kinds of campaigns that the internet has always been best at: ads designed for clicks and a quick sale, rather than the more splashy and memorable spots...
April 30, 2020
Due Diligence
Legendary investor Louis Bacon heads for the exit Premium content
...He joined in 2016 as head of the bank’s automotive investment banking team and is departing to launch his own venture....
November 22, 2019
FT People: Industry and manufacturing
Jeep poaches head of Nissan’s premium car line to be new president
...Mr Muenier worked across a number of positions at Nissan, including sales and marketing chief for North America, and running Nissan in Canada....
May 7, 2019
Equities
Markets not live, Tuesday 4th February 2020
...We urge: (i) more corporate actions to accelerate portfolio changes with a retire/sell the rest, (ii) increased sales productivity, (iii) a more aggressive building the SI partner base, (iv) be clearer on...
February 4, 2020
FT Swamp Notes
Life BC and AC
...Back then, the automotive industry was retooled to do defence equipment. Now, apparel is shifting to make masks....
March 23, 2020
Equities
Markets now, Thursday 5th March 2020
...Automotive was in line with organic sales declining -6% (H2 -4%), vs our -6% forecast, and operating margins at 7.7% vs our 7.7% forecast....
March 5, 2020
Prime property
Why luxury brands want to sell you a home
...Hence the entry into the market of non-hotel brands, such as luxury goods and automotive marques....
January 24, 2020
Due Diligence
WeWork marks the latest headache for Masayoshi Son’s vision Premium content
...All of this puts serious doubts on Vision Fund II....
September 17, 2019

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