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...That was followed by new safety guidelines in December for the use of autonomous vehicles in public transport....
...Same thing with auto lending. The one shoe that hasn’t dropped yet are cap rates and debt yields on commercial real estate....
...Using stub equity and favourable tax laws, the firm was able to structure KKR’s acquisition of Hitachi Transport System, a logistics subsidiary....
...So does Musk think the stated goal he set for Tesla more than 15 years ago, to lead a transport revolution, has finally been achieved?...
...The dispute centres on the Coastal GasLink pipeline, which is being built to supply natural gas to a planned $40bn liquefied natural gas plant in Kitimat on the BC coast....
...In theory, self-driving vehicles will cut transport costs and reduce accidents and fatalities. Every year, roughly 1.2m people die in car accidents worldwide — an average of 3,287 per day....
...“If they don’t grow then they’ll never become profitable,” said Tu Le, managing director of Sino Auto Insights, an advisory firm. “There always will be pressure from investors.”...
...Auto components maker Delphi has also made a bold move into the market with its $450m purchase last month of nuTonomy, an autonomous vehicle start-up based in Boston....
...Labour exchanges surveyed said openings in “home services” rose 12.8 per cent over the first half of the year, while openings in transport and warehousing increased 12.2 per cent....
...As China accelerated out of a planned economy, Yutong hitched a ride by helping to ferry workers back and forth between their hinterland homes and jobs in the booming coastal regions....
...Today, long trains of black tank cars head off daily, taking the region’s newly unlocked oil reserves to coastal refineries....
...Instead, the same unit of gas was selling last month for $3.47 in Louisiana, $10.50 in Spain, and $12.75 in coastal China....
...Although it was the birthplace of Brazil’s capital markets, Rio has lost much of its financial community to São Paulo over the past decade as executives have been put off by the coastal city’s poor transport...
...Local businesses in the state have also enjoyed a boost, as auto-part vendors have mushroomed and employment has boomed. Analysts estimate that the state’s auto industry employs about 250,000 people....
...“Some of the impediments to regional trade include high transaction costs, limited port and transport infrastructure, and, crucially, the lack of political will.”...
...Cuntan’s roll-on, roll-off terminal will be able to handle 1.4m autos by 2012, more than the 782,000 cars that rolled out of Chongqing’s auto factories in 2008....
...The Caribbean’s richest island, Puerto Rico has a gross national product of $45bn, a reliable transport infrastructure, good universities and solid medical and legal systems, including those covering property...
...Mr Ross had earmarked $300m for acquisitions in India in basic industries such as steel, coal and auto parts. WL Ross has approximately $7.9 billion of assets under management worldwide....
...It is also becoming increasingly important to the auto industry....
...Bush has recently signalled more support for fuel economy measures, the US has an entrenched reluctance to enforce standards in the face of opposition from the auto industry....
...“The problem, in Anhui and all over the country, is the places without access to water transport.”...
...For an auto executive in his early 40s, there are still plenty of senior jobs out there for the taking....
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