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...Minneapolis-based Castlelake is a specialist lender with a focus on aircraft leasing, providing financing for large airlines including United Airlines and Turkish Airlines that is secured against their planes...
...Apollo added it to more than a dozen internal loan origination units, which span aircraft leasing and middle-market corporate debts, renaming the unit Atlas SP....
...Tom Leggett, vehicle technology specialist at Thatcham Research, which focuses on the automotive industry, said making AI more transparent to potential passengers of self-driving cars was essential to allowing...
...Just five years ago, Andreas Wolf was struggling to convince investors of his plans to turn the Bavarian automotive supplier Vitesco Technologies into a specialist in parts and systems for electric vehicles...
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...Hedge fund manager David Einhorn has urged Vitesco Technologies to reject a takeover bid by rival German automotive supplier Schaeffler, warning the electric vehicle specialist against merging with a company...
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...Similarly, UK-based specialist Clive Sutton customises V-Class and Sprinter vans to a similar spec, with prices starting from £180,000....
...“The main issue with rerouting to alternative ports is the lack of skilled labour and specialist equipment in handling the cars,” said Dominic Tribe, an automotive analyst at Vendigital....
...Novocastrian has previously offered apprenticeships to students on Sunderland and Gateshead Colleges’ automotive courses....
...automotive suppliers....
...Discounts — whether through leasing deals, special financing rates or cash rebates — averaged $2,365 in August, the highest they have been all year, according to Cox Automotive-owned Kelley Blue Book....
...Ben Nelmes, chief executive at New AutoMotive, a non-profit organisation that supports the transition to electric vehicles, said rising insurance costs threatened to “undermine the appeal of electric cars...
...Compiled by the Financial Times and Statista, the data company, it rates consultants in 16 sectors and for 14 types of specialist work. Consulting networks are also rated....
...About 80 specialists are expected to move from Germany to help run the facility on a 1,000-acre lot in a suburb of Columbia, South Carolina’s capital....
...“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...
...“It’s like mobilising an army, and then telling them to get back in the barracks for a few years,” said Toby Poston, a director at the British Vehicle Rental and Leasing Association....
...Shares in GKN’s automotive arm fell by a fifth on Thursday following its debut on the London Stock Exchange....
...By contrast, many other businesses inside Icahn’s empire, which span automotive services, real estate and even sausage packaging, have struggled to generate meaningful earnings....
...Following a series of smaller disposals and last month’s demerger of its automotive business, Melrose is now focused on the GKN aerospace operation it acquired as part of its controversial £8bn takeover...
...Melrose Industries, the former UK turnaround specialist, has ruled out any imminent deals saying it will focus on building up its booming aerospace business instead....
...Labour has said it will reinstate the 2030 ban for petrol and diesel vehicles and introduce new targets for local councils to roll out EV charging networks, claiming the automotive industry needs more certainty...
...As a result, the ordinary car with a supercar engine “earned its place in automotive legend for its performance and tuneability”....
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