The next-generation of Lotus models is here, and leading the charge is the brand’s first-ever SUV to take on rivals from Porsche and Lamborghini, the all-electric Eletre. Pricing and specification for the Eletre has now been revealed, with a three-tier range costing from £89,500. Early customers can expect deliveries in the first half of 2023. Built… Continue reading New 2023 Lotus Eletre all-electric SUV priced from £89,500
Category: Automotive
India slaps $113m fine on Google, orders third-party paymentsAntitrust body says Google forces app developers to use its in-app payment system.
Alphabet Inc’s Google should not restrict app developers from using third-party billing or payment processing services in India, the country’s antitrust body said on Tuesday, as it fined the US giant $113 million for anti-competitive practices. The Competition Commission of India (CCI) said Google used its “dominant position” to force app developers to use its in-app payment system, noting the sale of… Continue reading India slaps $113m fine on Google, orders third-party paymentsAntitrust body says Google forces app developers to use its in-app payment system.
Mirae Asset said to be in talks to help fund Elon Musk’s Twitter deal
South Korea’s Mirae Asset Financial Group is planning to commit about 300 billion Korean won ($208 million) to help finance Elon Musk‘s $44 billion buyout of Twitter Inc, a person familiar with the matter told Reuters on Monday. The deal with Mirae is expected to be finalised in the coming days before the deadline for the closing of the Twitter… Continue reading Mirae Asset said to be in talks to help fund Elon Musk’s Twitter deal
SEA digest: iGrow teams up with eFishery; Enterprise SG partners Stellar Lifestyle
In Indonesia, agri fintech lender iGrow and aquatech firm eFishery have teamed up to help fish farmers access loans, while Enterprise Singapore has teamed up with Stellar Lifestyle to jointly fund startups innovating for the public transport network. iGrow partners with eFishery to enable loans for fish farmers LinkAja-owned agri P2P lender iGrow has partnered… Continue reading SEA digest: iGrow teams up with eFishery; Enterprise SG partners Stellar Lifestyle
Lotus Eletre to launch with 893bhp, £120,000 range-topper
Below the instrument panel is a blade of light that changes colour to communicate with occupants – for example, if a phone call is received. Rather than a traditional instrument cluster binnacle, there is a slim strip (less than 30mm tall) to display key vehicle and journey information. In the middle is a 15.1in landscape-oriented touchscreen that automatically… Continue reading Lotus Eletre to launch with 893bhp, £120,000 range-topper
Opinion: Superminis are en route to extinction
If ever you wanted an example of just how much and how quickly the car industry is changing, look no further than the Ford Fiesta going out of production. From being Britain’s best-selling car for as long as anyone can remember to dropping out of the top 10 last year when the chip shortage hit car… Continue reading Opinion: Superminis are en route to extinction
Ford Fiesta production set to end next year
The Ford Fiesta could be discontinued as early as next year because it won’t get an electric successor, a report has claimed. The supermini has fallen out of favour with the British public in recent years, with buyers flocking to the rival Vauxhall Corsa – the UK’s best-selling car in 2021 – and the Ford Puma crossover. The Puma… Continue reading Ford Fiesta production set to end next year
Lear (LEA) Reports Next Week: Wall Street Expects Earnings Growth
Wall Street expects a year-over-year increase in earnings on higher revenues when Lear (LEA) reports results for the quarter ended September 2022. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The… Continue reading Lear (LEA) Reports Next Week: Wall Street Expects Earnings Growth
LKQ Gears Up for Q3 Earnings: Is a Beat in the Offing?
LKQ Corporation LKQ is slated to release third-quarter 2022 results on Oct 27, before the market opens. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings per share and revenues is pegged at 96 cents and $3.21 billion, respectively. For the third quarter, the consensus estimate for LKQ’s earnings per share has moved down by… Continue reading LKQ Gears Up for Q3 Earnings: Is a Beat in the Offing?
The Zacks Analyst Blog Highlights Tesla, Genuine Parts Company, Ford, Oshkosh and Lear
For Immediate Release Chicago, IL – October 25, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Tesla TSLA, Genuine Parts Company GPC, Ford F,… Continue reading The Zacks Analyst Blog Highlights Tesla, Genuine Parts Company, Ford, Oshkosh and Lear