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...Oaktree, the credit investor co-founded by Howard Marks and Bruce Karsh, has been on a fundraising push as it looks to compete with larger rivals....
...Meanwhile, the founder of robot pizza maker Zume piloted one of its trucks up the hill to serve Son freshly heated pizzas, according to Bloomberg. SoftBank invested $375mn....
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...Two years ago, car leasing group Octopus EV could barely keep up with the red-hot demand for Teslas that accounted for half its sales....
...Berkshire hit back in November, accusing the founder’s son Jimmy Haslam III, co-owner of the Cleveland Browns football team, of seeking to suborn executives at Pilot into inflating the company’s profits,...
...Only one-third of US consumers say the next car or truck they buy is likely to be electric, according to a survey from Yahoo Finance/Ipsos....
...It took nearly eight years to sell the first 1mn battery-powered cars, trucks and vans in the US, a milestone hit in 2018....
...A version of this article was first published by Nikkei Asia on February 7. ©2024 Nikkei Inc. All rights reserved....
...Yellow is not reorganising but rather selling off its terminals, trucks and trailers. The gross proceeds collected may far exceed $2bn....
...Rivian said last month it would build trucks and vans that use Tesla’s North American Charging Standard for connectors starting in 2025....
...Job moves JPMorgan Chase has named Carsten Woehrn, who was promoted to co-head of mergers and acquisitions for Europe, the Middle East and Africa earlier this month, to global co-head of M&A for its strategic...
...Prices for new cars and trucks remain historically high....
...He also said the company had raised the price of its electric F-150 Lightning pick-up truck by $11,000 since launching the model....
...At midnight last night the biggest US car workers’ union began its first ever co-ordinated strike against all three of the major Detroit carmakers....
...Ford owners will receive access next spring via an adapter that converts the electric connectors in Tesla’s Superchargers for use in Ford’s Mustang Mach-E or F-150 Lightning pick-up trucks....
...They remain significantly more expensive than cars and trucks with traditional engines. Making them more affordable is crucial to attracting more buyers....
...[When leasing a ship to MSC], we get a very quick reaction. Maersk decisions can take longer.”...
...New York-based Hindenburg first came to prominence in 2020 when it claimed truck start-up Nikola’s business was a fraud....
...A version of this article was first published by Nikkei Asia. ©2023 Nikkei Inc. All rights reserved....
...S&P Global Mobility predicts it will fall below 20 per cent by 2025 as other makers bring out electric trucks and cheaper models faster than Tesla can build new factories....
...While he was in charge, the group started mobilising its staff, products and trucks to help communities survive and rebuild in the face of natural disasters and terrorism, a role it still fulfils through...
...She was previously president of home furnishing group Restoration Hardware and is the audit committee chair of electric truck group Rivian and speaker company Sonos....
...brand Porsche AG listed in Frankfurt several weeks ago, prospective buyers can choose between purchasing equity in four different listed entities: Porsche AG, the overall Volkswagen group, VW’s Traton trucks...
...Related Stories Leading Hong Kong tycoons turn their backs on jet leasing Li Ka-shing to exit jet-leasing business in $4.3bn deal Hong Kong property tycoons play nice as China steps up pressure Zoom...
...A version of this article was first published by Nikkei Asia on February 3 2023. ©2023 Nikkei Inc. All rights reserved....
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