Porsche 911 Der Sportwagen gehört zu den bekanntesten Autos der Welt. Davon kann auch die Porsche-Aktie profitieren. (Foto: IMAGO/PanoramiC) Das Klima am Aktienmarkt ist derzeit rau. Dem für den 29. September geplanten Börsengang des Sportwagenbauers Porsche macht das jedoch nichts aus. Ein Investmentbanker in New York spricht von einer „phänomenalen“ Nachfrage. Er sieht sogar ein Allokationsproblem angesichts… Continue reading German Handelsblatt: Before the IPO: Like Ferrari, LVMH or BMW? What stock Porsche shareholders are buying005279
Category: Automotive
All-electric Octavia being developed by Skoda
Development of an electric Skoda Octavia is underway and the model is primed to go on sale later this decade as the Czech firm rapidly bolsters its EV line-up. Before a zero-emissions version of the brand’s biggest seller is launched, Skoda will refresh its current ICE and plug-in hybrid Octavia variants, due to hit showrooms… Continue reading All-electric Octavia being developed by Skoda
Analysis: How Alfa Romeo sales overtook Jaguar in Europe
Currently reading: Analysis: How Alfa Romeo sales overtook Jaguar in Europe British and Italian brands have traded places in the sales charts. Why, and does it matter? Open gallery Alfa Romeo cars in key segments have outsold Jaguar rivals Alfa Romeo Tonale has sold relatively well in first few months on market Autocar’s render of… Continue reading Analysis: How Alfa Romeo sales overtook Jaguar in Europe
Ammunition Market Size to Grow by USD 4.91 billion, BAE Systems Plc and CBC Global Ammunition Among Key Vendors – Technavio
The ammunition market is fragmented. Vendors are deploying organic and inorganic growth strategies to compete in the market. NEW YORK, Sept. 22, 2022 /PRNewswire/ — The ammunition market size is expected to grow by USD 4.91 billion from 2021 to 2026. However, the growth momentum of the market will decelerate at a CAGR of 4.2% during… Continue reading Ammunition Market Size to Grow by USD 4.91 billion, BAE Systems Plc and CBC Global Ammunition Among Key Vendors – Technavio
Thriving at 50 – Toyota Celebrates North American Manufacturing Milestone
California plant marks golden anniversary with $200,000 in community donations LONG BEACH, Calif., Sept. 22, 2022 /PRNewswire/ — It all started in 1972 when Toyota announced its first manufacturing investment in North America. Today the automaker’s Long Beach, California operation, TABC, Inc., celebrated 50 years of paving the way for Toyota to become a gold… Continue reading Thriving at 50 – Toyota Celebrates North American Manufacturing Milestone
EV battery maker CALB set to raise $1.47b in Hong Kong IPOThe company could raise up to $1.7b based on the maximum offer price of HK$51 per share.
Electric vehicle battery maker CALB Co Ltd said on Thursday it plans to raise about HK$11.56 billion ($1.47 billion) in a Hong Kong initial public offering as it looks to raise funds for the construction of battery production lines. The estimated net proceeds from the Hong Kong listing assumes an offer price of HK$44.50 per share, which… Continue reading EV battery maker CALB set to raise $1.47b in Hong Kong IPOThe company could raise up to $1.7b based on the maximum offer price of HK$51 per share.
Vietnam-based Be Group in talks to raise up to $100m equity fundingBe wants to draw 20m users to its platform by 2026.
Editor’s note: An earlier version of this story stated Be Group is in talks to raise “upto $100 million”. It should read “over $100 million”. Vietnam-based digital consumer platform Be Group is in talks with several funds to raise atleast $100 million in an equity funding round, according to a source with direct knowledge… Continue reading Vietnam-based Be Group in talks to raise up to $100m equity fundingBe wants to draw 20m users to its platform by 2026.
Nvidia has alternatives for restricted chips; CEO downplays US curbs on Chinese exports
Nvidia Corp. has played down the impact of a US government order restricting the export of two prized semiconductor models, with founder and CEO Jensen Huang saying the firm can meet the needs of the “vast majority” of its Chinese customers using less advanced alternatives. The comments come weeks after the US unveiled export restrictions… Continue reading Nvidia has alternatives for restricted chips; CEO downplays US curbs on Chinese exports
India’s Mahindra said to be in talks with green funds, PEs to raise up to $500m in EV push
Indian automaker Mahindra & Mahindra is in talks with global investors to raise between $250 million and $500 million to accelerate its plans to build electric vehicles (EVs), a source with direct knowledge of the matter told Reuters. Mahindra is in early talks with global green funds and private equity firms, the person said, adding that it wants a… Continue reading India’s Mahindra said to be in talks with green funds, PEs to raise up to $500m in EV push
ATA Hails Hutcheson’s Confirmation as FMCSA Administrator
WASHINGTON, Sept. 22, 2022 /PRNewswire/ — Today, the American Trucking Associations President and CEO Chris Spear applauded Robin Hutcheson on her confirmation as the seventh Administrator of the Federal Motor Carrier Safety Administration. “I want to congratulate Robin on her confirmation to this important role,” Spear said. “In her time as Acting Administrator, Robin has… Continue reading ATA Hails Hutcheson’s Confirmation as FMCSA Administrator