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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?...
...S&P Dow Jones Indices, which has neither admitted nor denied the allegations made by the SEC, said it was “committed to transparency and the integrity” of its benchmarks....
...The central problem was a mechanism called “auto-hold” that was triggered when prices moved unusually violently, a feature that was not publicly disclosed and not overridden on the day by S&P....
...“A company the size of Volkswagen, with 670,000 employees, probably will have issues in future,” Hiltrud Werner, VW’s board member responsible for integrity and legal affairs, told the Financial Times, but...
...The risk also applies to areas including the auto industry and aviation. Construction is also affected because of the carbon footprint of concrete and steel....
...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....
...Read more Japan wants auto tariffs scrapped immediately in a post-Brexit UK trade treaty planned for 2021. Read more...
...However, Auto Trader this month managed to raise £186m using only BofA so perhaps everyone else is just rubbish at it....
...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....
...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....
...For an auto executive in his early 40s, there are still plenty of senior jobs out there for the taking....
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