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...The bloated share counts push up trading volumes but can weigh heavily on stock prices, particularly for lossmaking groups....
...The people with knowledge of Tesla’s plans said it would send a team from the US by late April to study sites for the plant, focusing on states with existing automotive hubs, including Maharashtra and Gujarat...
...The rhetoric is a lot more cautious.”...
..., telecoms, automotive and medical applications....
...The rise of artificial intelligence is expected to vastly increase the need for these facilities. Blackstone acquired US data centre group QTS for $10bn in 2021, which would manage the project....
...The takeover of Inchcape’s dealerships will give New York-listed Group 1 Automotive which has outlets in London, sites in the northern part of the UK....
...Look at the company’s spending decisions and it seems as if everything is targeted towards addressing the 13 per cent drop in automotive revenues....
...That gives SenseTime’s generative AI segment, which tripled last year and accounted for more than a third of group revenue, some income back-up from the group’s other business units....
...“The automotive market . . . is going through one of the most significant transformations since the invention of the combustion engine,” said Dipti Vachani, who leads Arm’s automotive business....
...Scaringe said that executives at the company still “firmly believe in the full electrification of the auto industry, but recognise in the short term the challenging macroeconomic headwinds”....
...Excluding the effects of regulatory credits, the gross margin from its automotive unit — a closely watched measure of its core operations — fell to 16.4 per cent for the quarter, down from 19 per cent a...
...In the last quarter, US chip designer Nvidia revealed that revenue from its automotive business fell 4 per cent year over year. In some regards, Apple had the right idea....
...Wood’s stock languishes around 142p — a painful 41 per cent below the final takeover price offered by Apollo a year ago before the private equity group got cold feet....
...On Thursday, March 28, a group of powerful Delaware lawyers put in motion a plan to make a series of changes to the state’s eminent corporate code, known as the Delaware General Corporation Law....
...Falling market share and sales figures reported this month indicate the two groups face rising competition and the whiplash of US-China geopolitical tensions....
...as adding “$0” towards the tech group’s value....
...systems in the cloud....
...But the groups “would prefer to solve their own problems, as opposed to have politicians solve it”, he said....
...The group estimated the rule would cost airlines $33bn over 10 years....
...A person familiar with the matter said the boat was a Westport 164ft yacht being purchased from Fertitta, the hospitality billionaire....
...Audi oversees Bentley within the VW group....
...Pendragon, one of the UK’s largest automotive retailers, is to sell all of its car dealerships for £280mn and focus on software, ending a tumultuous period in which the company’s attempts to sell itself...
...Data group Cox Automotive found that car dealers only have a 20-day supply of GM’s Chevrolet Colorado midsize truck, down from 35 days last month, while the supply of GM’s GMC Canyon midsize truck has shrunk...
...The group of senior class A and subordinate class B bonds are securitised at the operating companies....
...The chair bounces off and hits her in the face.”...
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