Hints and tips:
...“This has been a big theme this year in auto; everyone has had to step back from the euphoria”....
...SAIC Motors, the largest Chinese auto exporter, has “initiated a site selecting process for a European auto manufacturing base”, according to its latest annual report....
...Tu Le, founder of Sino Auto Insights, said the US still led China in several of the technologies underpinning key areas of autonomous driving including machine learning and sensors....
...The global EV crown is up for grabs as brand loyalty towards gas-powered cars fades....
...Does Donald Trump really want to be responsible for the downfall of the US auto industry?...
...Ola Electric also aims to produce electric cars and has been designing batteries that it hopes to put into commercial production this year, after missing Aggarwal’s previous 2023 deadline....
...Need to know: business Japanese auto rivals Honda and Nissan are joining forces to work on electric vehicle technology as they try to survive the influx of low-cost, high-tech cars from China....
...A first shipment of 999 cars, which arrived in the US last December, received several poor product reviews: the flagship VF 8 model “proves building cars is hard”, Car & Driver magazine said....
...The investment giant has done a handful of other well-known private financings, including for AB InBev — a deal secured by the brewer’s plants — as well as for car rental provider Hertz and the Abu Dhabi...
...Same thing with auto lending. The one shoe that hasn’t dropped yet are cap rates and debt yields on commercial real estate....
...Wall Street lenders led by Citigroup and Bank of America have been forced to wire a $5.45bn cheque to private equity giant Apollo Global Management to fund its takeover of auto-parts maker Tenneco, cash...
...It added jobs website Kanzhun and electric car maker Li Auto to the 10 biggest holdings in its public equities portfolio at mid-year....
...The New York-based hedge fund has boosted some Chinese investments this year, adding jobs website Kanzhun and electric car maker Li Auto to the leading 10 positions in its public equities portfolio at mid-year...
...I am long the United Auto Workers. I think that they are they’re pursuing a really interesting strategy with their strike....
...Tiger now counts jobs website Kanzhun and electric carmaker Li Auto as top 10 long positions firmwide, the filings show....
...Despite share prices in new electric car makers falling in the past six months, there are still several auto groups planning to venture on to the public markets....
...An engineer at heart Musk’s impact on the global auto industry has been a long time coming....
...The month before he shipped welding electrodes, insulation silicone and generators to his base in CAR....
...Rivian purchased the plant in Normal in 2017 for $16.5mn from Diamond-Star Motors, a joint venture between Chrysler and Mitsubishi Motors, which closed it in 2015....
...and car retailer AutoNation....
...What should we call you petrolheads in the age of the electric car? Here’s something for you to drool over in the meantime in the shape of auto designers’ plans for the supercars of tomorrow....
...Fisker, an electric car company that went public via an Apollo-backed Spac and has a $4bn valuation, currently has no revenue....
...All are great cars and all allow people to participate in the brand.”...
...Smart reads Precarious metals Mike Nowak’s precious metals trading desk was a diamond fixture in JPMorgan’s crown, until one of his former employees turned on him and told US authorities about systemic...
...However, the group remains one of the biggest car rental companies in a country where the auto market has been steadily growing....
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