Hints and tips:
Related Special Reports
...Another heavily-traded company that until recently was a penny stock is Mullen Automotive....
...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 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....
...Florida-based Jabil, which designs and makes electronic components used by the automotive, defence and data centre industries, warned of “revenue headwinds this year”, though the company’s chief executive...
...Rivian reported a net loss of $5.4bn in 2023, improving from a $6.8bn loss a year earlier. It held $9.4bn in cash and cash equivalents at the end of 2023, compared with $12.1bn at the end of 2022....
...conference in Florida....
...Cruise, the self-driving car subsidiary of General Motors, targeted annual revenues of $1bn by 2025. Last year, the business reported sales of just $102mn amid a $3.4bn loss....
...Ansys, which has headquarters in Pennsylvania and has its origins in structural analysis tools, makes engineering simulation software used in industries from automotive and construction to healthcare and...
...Apple had been betting on that future, with one of the few elements of the company’s automotive project that it had publicly acknowledged being its attempts to master self-driving technology....
...April 4 to 28; further information and tickets here ‘La bohème’ and ‘Swan Lake’, Arsht Center Florida Grand Opera presents Puccini’s portrait of bohemian Paris in the 19th-century....
...Texas, Florida, Missouri and other GOP-led states followed suit with anti-ESG initiatives and divestments....
...Daniel Kollar, an automotive expert at consultancy Intralink, said Tesla’s China performance had remained strong but the company faced challenges from local competition, a renaissance of hybrid cars and...
...Florida’s governor Ron DeSantis has this week signed a bill to ban under-14s in the state from social media accounts and make platforms erase any already created....
...The Florida-based airline has already paid Spirit shareholders $2.50 a share upon the target’s successful shareholder approval vote....
...His meetings come on the back of an audience with former president Donald Trump in Florida. Meanwhile, Russia’s foreign minister Sergei Lavrov is in Beijing....
...The court is deliberating on another case, Relentless Inc vs Department of Commerce, that seeks to overturn a 40-year-old legal doctrine that says courts should generally defer to agencies’ interpretation...
...“In the automotive space, not everyone can win,” and right now, it is “the Wild West out there”....
...Last year, Bird reported revenues of $244.7mn and a net loss of $358.7mn. Filings at the bankruptcy court in southern Florida showed that Bird had estimated assets and liabilities of $100mn-$500mn....
...Its enterprise value-to-ebitda multiple of 12 times remains substantially higher than its pre-pandemic multiple of around 8 times....
...The industry-leading gross profit margin on Tesla’s automotive operations briefly topped 30 per cent in 2021....
...The acquisition by Berkshire, whose related interests include car insurer Geico and dealership Berkshire Hathaway Automotive, was regarded as a vote of confidence in the US economy and more particularly...
...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...
...The Pop-Tart Bowl is staged by a Florida non-profit organisation (and until 2023, was sponsored by the pastry’s corporate sibling, Cheez-Its) as a consolation match-up between colleges in the ACC and Big...
...Excluding the effects of regulatory credits, the gross margin from Tesla’s automotive unit — a closely watched measure of its core operations — increased to 17.2 per cent for the quarter, slightly ahead...
...Officials in Texas, Florida, South Carolina and other Republican states previously pulled assets from BlackRock and have targeted the firm for divestment after concluding that its use of ESG considerations...
International Edition