HOUSTON, May 30, 2025 /PRNewswire/ — Group 1 Automotive, Inc. (NYSE: GPI) (“Group 1” or the “Company”), a Fortune 250 automotive retailer with 263 dealerships located in the U.S. and U.K., today announced a $1.0 billion upsize in its revolving syndicated credit facility to $3.5 billion and the extension of the maturity to May 30, 2030. … Continue reading Group 1 Automotive Announces Maturity Extension and Upsize of Revolving Credit Facility to $3.5 Billion
Tag: Daimler
German Manager Magazin: Volkswagen negotiates directly with the US government via customs deal-EU politicians outside in front of004227
The Wolfsburg car manufacturer Volkswagen negotiates with the US Ministry of Trade on the settlement of the customs dispute and in return offers further investments in the USA to. “I was in Washington myself and we have been in regular exchange since then,” said CEO Oliver Blume (56) of the “Süddeutsche Zeitung”. The Primary contact… Continue reading German Manager Magazin: Volkswagen negotiates directly with the US government via customs deal-EU politicians outside in front of004227
Lumax Auto Technologies Reports 29% Revenue Growth, Crosses ₹3,600 Crore Mark in FY25
Lumax Auto Technologies Limited reported consolidated revenue of ₹3,637 crores for FY25, marking a 29% increase from the previous year’s ₹2,822 crores, while profit after tax rose 37% to ₹229 crores. The automotive component manufacturer announced these audited financial results on May 29, 2025, demonstrating strong performance across operational metrics and strategic expansion initiatives. The… Continue reading Lumax Auto Technologies Reports 29% Revenue Growth, Crosses ₹3,600 Crore Mark in FY25
Lumax Auto Technologies Reports 29% Revenue Growth, Crosses ₹3,600 Crore Mark in FY25
Lumax Auto Technologies Limited reported consolidated revenue of ₹3,637 crores for FY25, marking a 29% increase from the previous year’s ₹2,822 crores, while profit after tax rose 37% to ₹229 crores. The automotive component manufacturer announced these audited financial results on May 29, 2025, demonstrating strong performance across operational metrics and strategic expansion initiatives. The… Continue reading Lumax Auto Technologies Reports 29% Revenue Growth, Crosses ₹3,600 Crore Mark in FY25
German Handelsblatt: Auto Industry: Volkswagen negotiates directly with the US government via Zoll-Deal011017
The Handelsblatt has already reported on a possible deal of BMW, Mercedes and Volkswagen with the USA. Now VW boss Blume is similar in an interview. Go to source
German Handelsblatt: Auto industry: Volkswagen negotiates directly with the US government via Zoll-Deal011016
Already in the middle of the week, the Handelsblatt reported on a possible deal of BMW, Mercedes and Volkswagen with the USA. Now VW boss Blume is similar in an interview. Go to source
Volteras Raises $11.1 Million Series A to Transform Energy and Mobility Data
LONDON, May 29, 2025 /PRNewswire/ — Volteras, the leading data streaming platform for the energy ecosystem, today announced the close of its $11.1 million oversubscribed Series A funding round. This milestone was spearheaded by Union Square Ventures, known for early investments in companies like Twitter, and included participation from fleet card providers Wex and Edenred, alongside… Continue reading Volteras Raises $11.1 Million Series A to Transform Energy and Mobility Data
German Handelsblatt: Used car check: Mercedes A-Class as a used one-this is how the discontinued model is on the TÜV011015
The last A-Class soon runs off the assembly line. The model is still available for a long time. And with TÜV, the model has no weaknesses, official data show. Go to source
Clean Technica: Despite Everything, Tesla Still Dominates EV Sales in California004039
Tesla may have moved its headquarters from California to Texas, Elon Musk may have done all kinds of things that go against what most Californians support, there may be strongly improving competition in the EV market, and Tesla sales may be declining in the Golden State, but Tesla still dominates the California EV market. In… Continue reading Clean Technica: Despite Everything, Tesla Still Dominates EV Sales in California004039
State of the art Apple CarPlay Ultra makes debut in Aston Martin DBX
Aston Martin will be the first manufacturer to feature the brand new and much more comprehensive Apple CarPlay Ultra system that will roll out on new DBX orders in the USA and Canada from today. Unlike the CarPlay system that millions of users already make use of in their cars today, CarPlay Ultra turns things… Continue reading State of the art Apple CarPlay Ultra makes debut in Aston Martin DBX