Hints and tips:
...Chicago-based Grant Thornton is the seventh largest accounting firm in the US after the Big Four, RSM and BDO, with $2.4bn in revenue in its past financial year, which ran to July 2023....
...Tilly US an enterprise value of more than $2bn and capital to fund what its chief executive Jeff Ferro called an “extremely aggressive” acquisition strategy, signalling the firm’s ambition to challenge RSM...
...Another heavily-traded company that until recently was a penny stock is Mullen Automotive....
...“It is very hard to measure, but if you look at the readiness of deployment and availability of technology, [China] is probably no more than one or two years behind,” said Raymond Tsang, an automotive technology...
...Tamil Nadu is India’s biggest exporter of electronics and a hub for its automotive industry....
...The small amount of shares publicly traded subject the stock to wild swings in its share price and at one point the south-east Asian company had a valuation north of $200bn, more than most established automotive...
...“Rivian is in a unique position to become the key player in the automotive industry on both the passenger and commercial side,” Infinity wrote in its letter....
...Industry specialist Tu Le, founder of automotive advisory and market research firm Sino Auto Insights, said the quality of the vehicles was “persistently panned” in reviews....
...Contemporary Amperex Technology (CATL), the world’s largest maker of automotive batteries, has announced plans to mass-produce and supply sodium-ion batteries for EVs this year....
...Households also cut spending on automotive fuel, with sales down 1.3 per cent in September to 10.2 per cent below pre-pandemic levels....
...Volkswagen’s automotive software subsidiary Cariad is investing $2bn in a partnership with Chinese chipmaker Horizon Robotics....
...Running behind the scenes of thousands of mobile games including Subway Surfers, Among Us, Monument Valley and Pokémon Go, Unity’s game engine also powers apps for virtual reality headsets, architects and automotive...
...For Kraft, the Automotive Tourbillon reminds him of the time Ralph Lauren (the man) invited him to a private view of his classic car collection in New York....
...Titikorn Lertsirirungsun, Asean manager for LMC Automotive, the consultancy, described VinFast’s gambit as “high risk, high return”....
...It is used by engineers in product design and by automotive companies. We see this as the on-ramp for all the companies to bring their physical products into the digital world....
...This week the Intel boss made his first big move, announcing the proposed spin-off of automotive sensor pioneer Mobileye, the FT’s Richard Waters reports....
...Krafcik was an automotive production specialist who had led Hyundai’s North American operations and his departure was widely seen as Waymo acknowledging that the role he was to serve — deploying tens of...
...“VinFast — like any EV start-up — will encounter daunting challenges when entering the US market,” said Michael Dunne, chief executive of ZoZo Go, an automotive consultancy....
...In recent months, Apollo has announced a $3bn financing package for AB InBev’s US canning plants, acquired a major supplier of automotive parts, and bought a portfolio of online media assets that have been...
Investors are being courted with supercharged valuations, but they may be overhyped
...Spacs as the route to a public listing through a blank-cheque shell company really gained altitude in the second half of last year, and while automotive tech companies have been much in vogue, aviation has...
...Audi latest to be hit by chip shortageAudi will delay the production of some of its high-end cars as it becomes the latest victim of the “massive” shortage of chips sweeping across the automotive industry...
...Simon Hart, international lead partner at RSM, the accountants, said he expected the system to bed down. “We are going to have to get used to more paperwork....
...A focus on the chassis is meant to send a signal to automotive suppliers to begin building capacity for all the necessary parts required at scale — a development that should speed up production....
...US falling behind China on electric carsThe US must urgently build up an electric vehicles industry or risk becoming dependent on China for its automotive future, a group of senior military and business...
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