Hints and tips:
...“The Beijing city government values us highly,” said one employee....
...In others, they would try to salvage something by recruiting new investors. The key, he went on, is who has capital and who has a plan for the asset. “You have to have a vision....
...Hertz uses Carvana in part to dispose of its fleet, netting salvage values that Hertz CEO Stephen Scherr said earlier this year were 5 to 6 per cent better than selling into the wholesale market....
...In a statement, Matt van Buren, CBRE’s New York tri-state president, thanked Stacom, saying: “During her more than 20 years here, Darcy drove some of New York’s most iconic transactions and has been a champion...
...Altium was founded in the small southern city of Hobart in the 1980s with the aim of making the development of electronics more accessible....
...He is effectively China’s Elon . . . if we are looking at branding, looking at bold moves,” said Tu Le, founder of Beijing-based advisory company Sino Auto Insights....
...Tu Le, founder of Sino Auto Insights, said the US still led China in several of the technologies underpinning key areas of autonomous driving including machine learning and sensors....
...“Honestly, we feel like there’s an opportunity for a company from Vietnam like us to be a global company when the auto industry is going through a very structural change,” Thuy said....
...We think of companies like Toyota, of course, in the auto sector, you think of SoftBank in tech and Sony obviously in entertainment....
...Gigacasting using aluminium is also one response to the way that massively heavy auto batteries are reshaping how cars are designed. “Battery tech is driving gigacasting tech....
...Korea has a reputation for innovation, its economic development over the past half-century has been driven in large part by its ability to “absorb” and develop technologies — whether in the chip, battery, auto...
...With Li shifting his attention to large language models, lay-offs have begun to trim staff numbers and several auto executives exited....
...“Tesla needs to further cut prices and expand its sales network in China’s lower-tier cities,” said Shi Ji, an auto analyst with China Merchants Bank International....
...TikTok is hogging more and more of the screen time of 1bn global users, while sales by electric vehicle makers such as BYD are pushing China towards the top of global auto export tables....
...One of Berkshire’s crown jewels, the Geico auto insurer, swung to an underwriting profit after six consecutive quarters of losses....
...The area is deeply dependent on the auto industry, which employs about 44,000 people in a region with a population of 1mn, but has been hit by closures....
...“The battery part is still on hold but [its] the whole auto plant, which I understand will be very big.”...
.... ©2022 Nikkei Inc....
...Unseasonably warm weather means the city’s cherry blossom buds could be at their fullest and most beautiful this weekend....
...A version of this article was first published by Nikkei Asia on January 5 2023. ©2023 Nikkei Inc....
...“While the global auto industry was literally spinning its wheels creating the same dull product, Elon created an industry....
...Back in Osaka, liquidation company Shoichi managed to salvage some value from the Games merchandise....
...cities that suffered the most severe restrictions....
...Chemicals group Livent this week completed an expansion of a lithium hydroxide refinery in Bessemer City, North Carolina....
...Covid-19 lockdowns in the city, now in their sixth week, have reduced output and caused logistics woes for Tesla....
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