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...The heightened contingency planning is part of broader structural change in Taiwanese groups as they learn to operate in many new jurisdictions....
...Blackstone acquired US data centre group QTS for $10bn in 2021, which would manage the project. Rival Brookfield has also invested heavily in these high-tech facilities....
...The takeover of Inchcape’s dealerships will give New York-listed Group 1 Automotive which has outlets in London, sites in the northern part of the UK....
...“The automotive market . . . is going through one of the most significant transformations since the invention of the combustion engine,” said Dipti Vachani, who leads Arm’s automotive business....
...Bicycle parts maker Shimano invests $179mn to build Singapore plant How bicycle parts maker Shimano eclipsed Nissan in market cap...
...Alongside gas and power trading, the group is investing in green technologies such as battery storage and biogas....
...SenseTime has the biggest market share of in-automotive image recognition systems in China....
...United Airlines and Alaska Airlines have found loose parts on some grounded 737 Maxes, threatening to widen Boeing’s problems after a single plane suffered a mid-air blowout on Friday....
...Read more about De Vusser, who brings a wealth of experience advising private equity groups in Europe, the Middle East and Africa....
...The German group on Monday said measures designed to save €400mn annually would affect a “mid four-digit range . . . across all parts and all levels” of the 100,000 people employed by its automotive division...
...The combined group would be able to serve the rapidly growing EV market while providing spare parts for the hundreds of millions of combustion engine cars that are set to remain on roads for decades to come...
...US group Lithia, which already has 50 UK sites, will buy the showrooms, Pendragon said on Monday....
...Analysts estimate the country’s automotive industry is already suffering from output that far outstrips demand....
...Carmakers are telling their suppliers to switch focus from electric models to hybrid vehicles as they contend with “a marked slowdown” in battery car demand, according to the head of parts maker Dowlais....
...The transition to EVs has required large investments by Germany’s network of automotive suppliers....
...Sanctuary’s robot can already sort mechanical parts as fast as a human, but even Rose acknowledges further improvement is needed....
...This article picked by a teacher with suggested questions is part of the Financial Times free schools access programme. Details/registration here....
...The Japanese electronics group has announced plans to sell part of its automotive systems business to US private equity group Apollo Global Management....
...Audi oversees Bentley within the VW group....
...“We need to be prepared for the risk that all solid-state battery technology could overturn” China’s advantage in automotive batteries, said a Tsinghua University professor specialising in automotive-related...
...That was all part of Geely’s long-term ambition, he said, to become a “top ten” global automotive participant and sell more than 4mn cars a year, something that would see it become larger than Nissan, Mercedes-Benz...
...The new rule is causing a headache for them as there is no effective way to revive sales here,” said Lee Hang-koo at the Jeonbuk Institute of Automotive Convergence Technology, a South Korean research group...
...“You have all the major players coming in, so sales for EVs are going to increase,” said Ammar Master, director of South Asia automotive with GlobalData....
...As part of the agreement, the French carmaker reduced its 43 per cent stake in Nissan, while the Japanese group gained voting rights for its own 15 per cent holding in Renault....
...The group’s headline earnings fell to R14bn, from R48.8bn in 2022....
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