Hints and tips:
...Vingroup bought foreign technology and recruited executives from incumbent carmakers to launch its car venture in 2017....
...This week the Intel boss made his first big move, announcing the proposed spin-off of automotive sensor pioneer Mobileye, the FT’s Richard Waters reports....
...The stock trading app called on Micky Malka, a Venezuelan venture capitalist known for his Rolodex in the heady world of fintech....
...US falling behind China on electric carsThe US must urgently build up an electric vehicles industry or risk becoming dependent on China for its automotive future, a group of senior military and business...
...One Harvard Business School duo started their fast-food venture while still students in 2014 and landed a nine-figure payday just a few years later....
...US car retailer AutoNation and parts makers Magna contribute knowledge of the automotive supply chain....
...Other new investors in Waymo include automotive supplier Magna International and US car retailer AutoNation, as well as venture capital firm Andreessen Horowitz....
...He joined in 2016 as head of the bank’s automotive investment banking team and is departing to launch his own venture....
...Qoros was set up in 2007 as a joint venture between Chery, a state-owned domestic Chinese carmaker, and Israel Corp, a conglomerate controlled by Idan Ofer, a London-based billionaire....
...ZF of Germany agreed to acquire Michigan-based TRW Automotive in September for $11.7bn, while Visteon last month sold its stake in a South Korean in-car heating joint venture for $3.6bn....
...Midroll has scheduled ads from an automotive company to appear in coming months....
...Mr Neefs served as head of investments for Crédit Agricole Asset Management for 14 years and co-headed the development of the €20bn Greenway fund of hedge funds series....
...Premium-car manufacturers such as Volkswagen unit Audi, BMW, Daimler’s Mercedes-Benz and Jaguar Land Rover all operate joint venture factories in China with local partners....
...High-profile flameouts like Solyndra, A123 Systems, Konarka, Miasole, Better Place and Fisker Automotive have, appropriately enough, made investors very wary....
...Apollo Global Management, ICICI Venture plan NBFC to fund asset purchases Private equity funds Apollo Global Management and ICICI Venture are planning a joint venture non-banking finance company to lend...
...Umicore raised its 2011 earnings guidance by about 10 per cent to reflect strong demand for automotive catalysts, as well as improved volumes and prices for its precious metal recycling business....
...Venture capital and private equity fund flows are forecast to reach as much as $17bn this year in India, Asia’s most volatile market for this investment class....
...“Japan must escape its ‘automotive dependence’,” the ministry declared in a report last year. Officials and executives see huge potential demand....
...Johnson Matthey, the world’s leading supplier of catalytic converters to the automotive industry, added 2.7 per cent to £18.92 on the back of an RBS “buy” recommendation....
...In January, Better Place raised $350m in one of the biggest venture capital financings ever for a “clean tech” company....
...Now, vehicles in the car park outside the airport gather dust as redundant expatriates abandon their wheels, fleeing home before they default on automotive loans and risk imprisonment....
...Mr Agassi acknowledges that his reputation is on the line with the new venture....
...“It’s too late,” says one prominent French venture capitalist. “London is too far ahead now.”...
...The company, which has a joint venture in India with Renault for its low-cost car the Logan, would also welcome greater access to European markets....
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