Wiesmann eyes electric SUVs

German specialist sports car firm Wiesmann is considering branching out beyond its trademark two-seaters into more luxury-focused models, including SUVs. The prospect of a bold new era for the firm comes under fresh ownership and with access to advanced EV drivetrain technology. CEO Roheen Berry took charge of the car marque in 2015 when it… Continue reading Wiesmann eyes electric SUVs

Matt Prior: What next for Jaguar?

Jaguar has been deleting all its Instagram posts (ask your children). Last week, it discarded a decade’s worth of pictures and videos, like a divorcee deleting pictures of their ex on Facebook (ask your parents). In their place, it posted three new pictures – intriguingly, all close-up details of its 1988 Le Mans-winning Jaguar XJR-9.… Continue reading Matt Prior: What next for Jaguar?

Cadillac Project GTP Hypercar to take on Le Mans in 2023

The Cadillac Project GTP Hypercar has been revealed ahead of its racing debut next year. Built to new Le Mans Daytona Hybrid (LMDh) regulations – which allow the car to race in the World Endurance Championship as well as in the American IMSA series’s GTP class – the hybridised Project GTP Hypercar will race against… Continue reading Cadillac Project GTP Hypercar to take on Le Mans in 2023

Mid-market fund managers eye the jackpot in Vietnam, but it won’t be a cakewalk

Over the past few years, Vietnam has turned into a hot destination for mid-market fund managers looking to strike gold. Several international general partners (GPs) have set their sights on one of Southeast Asia’s fastest-growing economies, launching dedicated funds for the country. However, not everyone has had a soft landing. Most recently, BDA Capital Partners,… Continue reading Mid-market fund managers eye the jackpot in Vietnam, but it won’t be a cakewalk

There could be a correction in company valuations in India: True North

As macroeconomic headwinds threaten to derail the deal-making momentum in the short-to-medium term in India, there could be a correction in company valuations going forward. “The global economy is under pressure from geopolitics and macroeconomic policies-led inflation and consequent corrective actions in the form of increasing interest rates,” Satish Chander, partner at True North, one… Continue reading There could be a correction in company valuations in India: True North

Chip shortage fans interest in semiconductor equipment firm’s $540m IPO

Semiconductor equipment manufacturer Hwatsing Technology Co. Ltd. booked a blistering Shanghai STAR Market IPO debut on Wednesday amid a Covid-induced global shortage of microchips. The Tianjin-based firm’s shares surged 72% in early trading but gave back some of those gains over the course of the day to close up 64% at 224.1 yuan ($33.5), valuing Hwatsing… Continue reading Chip shortage fans interest in semiconductor equipment firm’s $540m IPO

NASA Offers Earth Scientist Interviews Ahead of TROPICS Mission

WASHINGTON, June 9, 2022 /PRNewswire/ — NASA and Astra Space are targeting no earlier than Sunday, June 12, for the first launch of NASA’s Time-Resolved Observations of Precipitation structure and storm Intensity with a Constellation of Smallsats (TROPICS) mission. Two CubeSats, each about the size of a loaf of bread, will launch aboard Astra’s Rocket… Continue reading NASA Offers Earth Scientist Interviews Ahead of TROPICS Mission

VTrips Expands Portfolio To 7,000 Vacation Rentals, 1,000 Employees

VTrips Acquires 4 Vacation Rental Management Companies In North Carolina, Georgia and Texas PONTE VEDRA, Fla., June 9, 2022 /PRNewswire/ — VTrips announced the recent acquisition of four vacation rental companies, expanding its portfolio throughout the United States to 7,000 properties and 1,000 team members. VTrips acquired Carolina Retreats in Topsail, N.C., with 435 properties; Tybee… Continue reading VTrips Expands Portfolio To 7,000 Vacation Rentals, 1,000 Employees

Detroit carmakers watch an experiment that could shorten the workweek

This content is only available to subscribers. Summer Flash Sale! $9.99 for a Year. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Access to exclusive sports reporting on your local teams from USA TODAY Sports+… Continue reading Detroit carmakers watch an experiment that could shorten the workweek