Hints and tips:
...In a US hybrid market mainly dominated by Toyota, Honda and the South Korean duo of Kia and Hyundai, domestic manufacturers are racing to catch up.Last month General Motors, which had largely phased out...
...Hyundai Motor Group, which owns the Hyundai, Kia and Genesis brands, also has the fourth-largest share of the overall US car market, behind Toyota, Ford and GM, according to sales data from S&P Global....
...to Xiaomi’s “perfect” partnerships with a range of suppliers, including battery giants CATL and BYD and electric motor maker Inovance....
...It was not just the teams’ lack of profitability that worried him but the dynamics of the motor racing series as a whole....
...Keynote speakers include Bo Becker, a professor at the Stockholm School of Economics, and Juliane Begenau, associate professor of finance at Stanford University....
...That was lower than market estimates of ¥784bn, according to S&P Global Market Intelligence, causing shares to fall as much as 2.6 per cent....
...Mitsubishi Motors is set to reverse its decision to withdraw from Europe and build cars in France after months of pressure from Renault and Nissan, in a sign of fresh rifts within the alliance....
...H1, National Australia Bank FY, Nissan Motor Corp H1, Tata Motors Q2, Taylor Wimpey trading update, Veolia Q3 Thursday Brazil, October IPCA inflation rate data Japan, October PPI inflation rate data...
...The banks committed to finance the takeovers at far more generous terms than a company could currently find in markets today....
...Still, a growing number of brands, such as General Motors, Volkswagen, Carlsberg and General Mills, announced they were pausing spending on the platform given the moderation concerns....
...Toyota’s projection of ¥2.4tn ($18.5bn) operating profit for this financial year was well below analyst forecasts of ¥3.3tn, according to S&P Global Market Intelligence....
...At the Consumer Electronics Show in Las Vegas in January, Sony showed off prototypes of its Vision-S and Vision-S 02 and formed a new EV subsidiary, but stressed that it was not looking to build cars itself...
...The Vision-S has been road tested in Europe since 2020....
...The best performer was British quantum encryption company Arqit, whose shares have doubled since its deal with Centricus Acquisition Corp, followed by electric vehicle company Lucid Motors which merged with...
...The company also had to reimburse General Motors after a costly electric vehicle recall over battery flaws....
...For the October to December quarter, Toyota said operating profit rose 54 per cent from a year earlier to ¥987.9bn, exceeding the ¥566.6bn forecast in an S&P Global Market Intelligence analyst poll....
...At £7,100, the Beovision 55-inch floor stander is neither a great looker nor worth the cash. Anyway, a 55-inch screen isn’t big enough — a bit like buying a Tesla 3 because you couldn’t afford an S....
...Nikola made its public market debut last June through a merger with VectoIQ Acquisition, a special purpose acquisition company led by former General Motors executive Steve Girsky....
...Analysts had expected an upward revision, but the new guidance exceeded their forecasts for a ¥1.2tn profit, according to S&P Global Market Intelligence....
...(FT) What else we’re reading Car chip shortage exposes supply chain fragility What started out as “temporary” lay-offs at a General Motors’ plant soon became “indefinite”....
...More than a third of the hit to profits was caused by the company setting aside reserves for its finance and leasing arm, which is vulnerable to any increase in car loan payment delinquencies and further...
...Hyundai reports on Thursday with Kia Motors and Renault updating investors on Friday....
...Hyundai, the world’s fifth-largest automaker together with affiliate Kia Motors, is trying to catch up with bigger rivals in emerging technologies with consumers increasingly preferring access to ownership...
...That was above analyst expectations for a profit of ¥528bn, according to S&P Global Market Intelligence....
...The auto group, which together with affiliate Kia Motors is the world’s fifth-largest by sales, said it aimed to sell 7.6m vehicles this year....
International Edition