Hints and tips:
...The field of EV-only companies includes Tesla and Rivian, as well as smaller players such as Bollinger Motors and Lordstown Motors....
...Still, under Krafcik, Waymo has remained ahead of rivals, including General Motors-backed Cruise, Aurora and Argo AI....
...has struck a $250m investment and truck deal with Iveco owner CNH Industrial, secured a public listing in June through a reverse takeover, and three months ago announced a $2bn partnership with General Motors...
...And who knew that Silver Lake Partners was a co-owner of the programme providers. Insightful read here....
...The investment matches the $2.25bn that SoftBank last year ploughed into Cruise, the General Motors driverless car unit, and points to an acceleration of efforts by the leading autonomous vehicle companies...
...Silver Lake Partners knows its way round tech investment while Mubadala and the Canada Pension Plan Investment Board have deep pockets and the willingness to wait years for returns....
...And finally, fresh from its $5.7bn investment from Facebook, India’s Reliance Jio is raising another $747m from Silver Lake....
...And motor insurers have for some years installed so-called black boxes in cars to analyse how well the driver is performing....
...Charged with calculating the fair value of Dell Inc before its 2013 buyout by Michael Dell and Silver Lake Partners, Laster, below, ruled that leveraged buyout models used by PE firms such as Silver Lake...
...A version of this article was first published by the Nikkei Asian Review on November 14, 2018. ©2018 Nikkei Inc. All rights reserved....
...Degrees in mechanical engineering and an MBA at Harvard followed, before a move into finance positions at PepsiCo and General Motors. The strong finance leaning has helped in his debt-fuelled rise....
...with an estimated value of $20bn, has already drawn strong interest from a range of technology companies and buyout funds, including South Korea’s SK Hynix, Taiwan’s Foxconn and private equity fund Silver Lake...
...Tracking stocks owe their origins to General Motors’ acquisition of the EDS IT services business from Ross Perot in 1984....
...In March, Hyundai Motor’s leasing arm borrowed $500m in March to fund development of hybrid models....
...Here, both Ford and Fiat Chrysler — like crosstown rival General Motors, which reports annual results next week — appear convinced the good times can continue....
...Lion Point Capital is pacing around Ally Financial, the former auto-lending arm of General Motors....
...A cynic would suspect CCE and CFI of picking a month when many US lawmakers are frolicking beside a lake or ocean. Bolder Democrat-baiting transactions may follow in the autumn....
...It has beefed up its management team with the addition of Chris Liddell, a former chief financial officer of Microsoft and General Motors, as CFO (he replaced Peter Klein, another former Microsoft CFO, who...
...Tesla Motors last month put forward plans for a huge lithium ion battery plant in Nevada, saying the “gigafactory”, being set up with Panasonic, would double world production of the batteries....
...Michael Payne, who was the marketing director of the International Olympic Committee during its Salt Lake City corruption scandal, said Fifa’s Qatar controversy had entered a new phase....
...(Financial Times) Tesla opens its patent doors: Electric carmaker Tesla Motors has taken the unprecedented step of opening its technology secrets to its rivals as chief executive Elon Musk attempts to boost...
...The settlement, if approved, should help Ally pay back the government loan which bailed it and General Motors out during the financial crisis....
...“Silver Lake and Michael Dell are trying to buy it back at what we consider to be a steal....
...” You might think the prospect of a flood of junk bonds and leveraged loans, should Silver Lake’s buyout bid for Dell be accepted, would be enough to chill debt markets, but you would be wrong....
...On the factory floor of General Motors’ Lake Orion assembly plant, conveyor belts slowly transport half-finished car bodyshells while workers busily install wiring, pipework and other small parts....
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