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...Suppliers would invest billions of dollars more, making this one of India’s biggest inward foreign investments....
...Jaguar Land Rover owner Tata Motors previously expressed interest in the site, the FT reported last year, as well as other carmakers and wind turbine makers....
...Companies including General Motors had raised the SBTi’s opposition to credits in conversations about joining the Energy Transition Accelerator, the US officials had said....
...Analysts fear that the probes could cost the industry billions of pounds. Lloyds Banking Group owns Black Horse, the UK’s largest motor finance provider....
...Buffett later supercharged the investment as he warmed to the technology company, and he spent tens of billions of dollars buying its stock....
...However, carmakers are huge global companies with revenues often in the hundreds of billions of pounds....
...That’s because the works of contemporary artists such as Warhol and Jean-Michel Basquiat could now become collateral for half a billion dollars of asset-backed securities, alongside paintings by old masters...
...Warren Buffett’s Berkshire Hathaway slashed its positions in a number of blue-chip US companies in the third quarter, as the billionaire investor converted billions of dollars from the sprawling conglomerate...
...Banks were later hit with billions of pounds worth of fines and customer compensation claims....
...But I’d be stunned if they didn’t ask for a fee, in whatever form, worth multiple billions of dollars.”...
Chinese EV giant is widening its range by price point and fuel type
...“That led to billions moving in a single day. [However,] in most cases it is hard to track who is doing what.”...
...“Ending emissions from road transport is the only way you will achieve net zero,” Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders, told BBC Radio 4’s Today programme....
...The delay would cause “confusion” among motorists, many of whom would delay switching to EVs just as carmakers invest billions in new models, he warned....
...The transaction is also the latest in a series of takeovers in the UK motor retail sector where consolidation has meant only Vertu and Caffyns remain....
...Apollo and Bird’s second-lien lenders have agreed to provide $25mn in financing to keep the motor running while it restructures in court....
...The acquisition, funded by billions of pounds of debt, has come under pressure as interest rates have risen....
Motor racing expands its audience in America on the back of Netflix docu-series and successful races in Miami, Austin and Las Vegas
Case studies in best practice among general counsel and company legal teams in North America
...Drew Baglino, senior vice-president leading Tesla’s engineering and technology development for batteries, motors and energy products, announced on X today that he would leave after 18 years at the auto group...
...The fact is, we have invested billions of dollars to keep US data safe and our platform free from outside influence and manipulation,” TikTok said....
...The FT visited Detroit this week to take the pulse of the Motor City — stay tuned for our report later this weekend. The history of the Lions overlaps with the history of Detroit itself....
...Cruise, the self-driving car subsidiary of General Motors, targeted annual revenues of $1bn by 2025. Last year, the business reported sales of just $102mn amid a $3.4bn loss....
...Ford, General Motors and Tesla have all pumped the brakes on expanding EV production capacity in recent weeks....
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