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...“I’m not excluding some sort of industrial integration in the future” such as combining sales or technology efforts, he said.A representative for ProSieben declined to comment....
Decision by car rental group comes as resale value of EVs has collapsed
...Papperger last month sold shares worth almost €5mn — just over 6 per cent of his total holdings in the company....
President Yoon Suk Yeol has pledged to target private use of company vehicles
Companies analysis from our sister publication
...in the postal group.Backed by record profits from EP’s energy holdings, Křetínský has spent several years striking deals across Europe to diversify the group’s portfolio by pushing into unloved retail,...
Wealthy customers are pouring more money than ever into customisation, pushing carmakers to invest in supply chains and dedicated teams
Acquisition might please regulators but would strain jet maker’s liquidity and efficiency measures
German group’s move follows media reports in home country alleging human rights abuses by staff of local partner in China
...The new chief executive of Rolls-Royce has made a paper profit of close to £22mn on his holdings in the British engineer following a powerful rally in its share price....
Shares in UK engine maker jump as group raises forecasts for year
...Until last year he led ASML’s EUV business after holding roles in marketing and product management....
British driver switches from team that has powered record-breaking career
Chief executive says manufacturing ‘shit show’ has led airline to lower passenger number forecasts
...Bondholders who bought into a diverse group do not like the prospect of holding debt in a smaller company riddled with problems....
...This was “a false narrative” whose “evil intention” was to curb China’s industrial development, it said....
...Local automaker Geely Automobile Holdings set a sales volume record for its new-energy vehicles last year, helping its earnings beat estimates....
...Europe’s third-largest pension fund has sold €2.8bn of its holdings in oil groups including Shell, BP and TotalEnergies because they were not doing enough to produce credible plans for the clean energy transition...
Plane maker says reintegrating its former unit would strengthen safety and improve quality
...Failed electric van start-up Arrival collapsed owing close to £200mn and holding less than £150,000 of cash, insolvency documents show....
...The French company’s bidding vehicle, Ceva Logistics UK Rose, said on Monday that it had received firm commitments to accept its bid from investors holding 16 per cent of Wincanton’s shares, while investors...
Loss of air pressure → Lots of cash pressure
Private equity-backed car rental group is struggling as US drivers shun electric vehicles
With its low-cost base and competitiveness on fares, airline may yet prosper from US aircraft maker’s woes
...Geely’s owner Eric Li already owns a stake in Polestar but the Geely holding company does not....
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