(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc. trimmed its stake in BYD Co. even further, offloading another 1.72 million shares as of Sept. 1, according to an exchange filing Friday, just days after the legendary US investor began reducing his holding in China’s biggest maker of electric vehicles. Most Read from Bloomberg Berkshire’s interest in… Continue reading Warren Buffett’s Berkshire Offloads More Shares in Chinese EV Giant BYD
Category: Automotive
Tesla Stock Vs. BYD Stock: EV Giant Sets Huge 2023 Goal As Buffett Trims Stake; TSLA Finds Support
Motley Fool Why Rivian, QuantumScape, and Nikola All Dropped Today Growth and technology stocks are taking it on the chin today, with the tech-heavy Nasdaq Composite Index dropping more than 2% midday Thursday. Rivian Automotive (NASDAQ: RIVN) and battery technology company QuantumScape (NYSE: QS) were down 5.2% and 6.2%, respectively, as of 2:10 p.m. ET.… Continue reading Tesla Stock Vs. BYD Stock: EV Giant Sets Huge 2023 Goal As Buffett Trims Stake; TSLA Finds Support
German Handelsblatt: New Volkswagen boss: People instead of gaps – How VW boss Oliver Blume wants to reform the group005094
Read on now Get access to this and every other article in the Web and in our app free of charge for 4 weeks. Continue Read on now Get access to this and every other article in the Web and in our app free of charge for 4 weeks. Continue Go to Source
Intelligent Transportation Systems: Improving safety and keeping us in motion
The world is growing fast. With the human population expected to reach roughly 9.7 billion by 2050, transportation professionals face an ever increasing challenge to keep people and goods moving safely and efficiently. To meet this challenge, urban developers and city operators are adding intelligence to existing infrastructure, using the latest sensor technology to provide… Continue reading Intelligent Transportation Systems: Improving safety and keeping us in motion
Maritime Sustainment Technology and Innovation Consortium Hits Milestone 300th Member
SUMMERVILLE, S.C., Sept. 2, 2022 /PRNewswire/ — The Maritime Sustainment Technology and Innovation Consortium (MSTIC), established by The Naval Surface Warfare Center, Philadelphia Division (NSWCPD), is pleased to announce the achievement of its milestone 300th member. That member is Systel, Inc. located out of Sugar Land, Texas. Systel designs and manufactures rugged computing solutions purpose-built for… Continue reading Maritime Sustainment Technology and Innovation Consortium Hits Milestone 300th Member
Price Simms Family Dealerships Acquire Two Ford Dealerships in Sacramento
SACRAMENTO, Calif., Sept. 2, 2022 /PRNewswire/ — Price Simms Family Dealerships, one of the largest privately held Automotive Groups in Northern California, has completed the acquisition of Downtown Ford and Harrold Ford from the Victory Automotive Group, adding two stores to their now 28-store lineup. Price Simms CEO, Adam Simms commented, “The two dealerships are… Continue reading Price Simms Family Dealerships Acquire Two Ford Dealerships in Sacramento
German Handelsblatt: Auto industry: Volkswagen collects software target – and gets another partner on board with Continental005091
Volkswagen’s operating system The car manufacturer is getting more support from suppliers than originally planned when developing its own car operating system. (Photo: Volkswagen AG) The new Volkswagen boss Oliver Blume has to adapt the software strategy of Europe’s largest car manufacturer. The Wolfsburg-based company will miss the target set by Blume’s predecessor, Herbert Diess,… Continue reading German Handelsblatt: Auto industry: Volkswagen collects software target – and gets another partner on board with Continental005091
German Handelsblatt: Automaker: Right on the first day: New VW boss takes two managers from the group board005090
Oliver Blume Internally, the future VW boss was one of the declared opponents of a greatly enlarged group board from the start. (Photo: Bloomberg/Getty Images) Under the new CEO Oliver Blume, the entire Volkswagen Group is to become faster and more efficient. That applies all the more to the board of directors, which Blume will… Continue reading German Handelsblatt: Automaker: Right on the first day: New VW boss takes two managers from the group board005090
Japan trucks: scandal gives Chinese rivals an opportunity
Cookies on FT Sites We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used. Go to Source
Geely-Proton: READ MORE000051
2 Sep 2022 PROTON ACHIEVES HIGHEST SALES VOLUME IN NINE YEARS – 15,880 units delivered is the most since July 2013 as production recovery continues- Export sales achieve highest volume in 113 months prior to launch in South Africa Subang Jaya, 2 September 2022 – National car maker PROTON continued its uptick in delivery numbers… Continue reading Geely-Proton: READ MORE000051