Automotores Gildemeister Launches Exchange Offers and Consent Solicitations to Enhance Financial Flexibility and Support Growth Initiatives

Over 95% of noteholders have agreed to participate, demonstrating confidence in the Company’s strategy SANTIAGO, Chile, Nov. 22, 2025 /PRNewswire/ — Automotores Gildemeister SpA (“Gildemeister”) today announced the launch of exchange offers for its Junior Notes maturing in 2027 and Subordinated Notes maturing in 2035 (collectively, “the Existing Notes”) for new Senior Notes maturing in… Continue reading Automotores Gildemeister Launches Exchange Offers and Consent Solicitations to Enhance Financial Flexibility and Support Growth Initiatives

India’s EV market still dependent on Chinese imports; only 13% models qualify for PLI benefits

These components form the backbone of EV powertrains and electronics. India’s electric car market continues to rely heavily on Chinese imports, with the vast majority of models failing to meet the domestic value-addition thresholds mandated under the government’s Production-Linked Incentive (PLI) scheme. According to a Times of India report, only six out of 46 electric… Continue reading India’s EV market still dependent on Chinese imports; only 13% models qualify for PLI benefits

Automotores Gildemeister Launches Exchange Offers and Consent Solicitations to Enhance Financial Flexibility and Support Growth Initiatives

Over 95% of noteholders have agreed to participate, demonstrating confidence in the Company’s strategy SANTIAGO, Chile, Nov. 22, 2025 /PRNewswire/ — Automotores Gildemeister SpA (“Gildemeister”) today announced the launch of exchange offers for its Junior Notes maturing in 2027 and Subordinated Notes maturing in 2035 (collectively, “the Existing Notes”) for new Senior Notes maturing in… Continue reading Automotores Gildemeister Launches Exchange Offers and Consent Solicitations to Enhance Financial Flexibility and Support Growth Initiatives

Automotores Gildemeister Launches Exchange Offers and Consent Solicitations to Enhance Financial Flexibility and Support Growth Initiatives

Over 95% of noteholders have agreed to participate, demonstrating confidence in the Company’s strategy SANTIAGO, Chile, Nov. 22, 2025 /PRNewswire/ — Automotores Gildemeister SpA (“Gildemeister”) today announced the launch of exchange offers for its Junior Notes maturing in 2027 and Subordinated Notes maturing in 2035 (collectively, “the Existing Notes”) for new Senior Notes maturing in… Continue reading Automotores Gildemeister Launches Exchange Offers and Consent Solicitations to Enhance Financial Flexibility and Support Growth Initiatives

Car makers still dream of move to agency sales model

Car makers haven’t given up on the dream of selling cars direct to customers, even as the number actually doing so has dwindled to just four. Currently Mercedes-Benz, Volvo and Mini are the only car makers of any scale in the UK using the so-called agency model of selling directly to customers via their network of dealers,… Continue reading Car makers still dream of move to agency sales model

Clean Technica: Tesla Is Back on the Offensive: The USA’s EV Giant Has Just Entered Colombia’s Market Looking for Blood004258

Support CleanTechnica’s work through a Substack subscription or on Stripe. I hope our readers will pardon my hyperbolic language, but believe that nobody, nobody, expected to see what’s now unraveling in the Colombian market. I knew Tesla was going to (finally) arrive on our shores at Bogota’s 19th International Automobile Hall, but to be completely… Continue reading Clean Technica: Tesla Is Back on the Offensive: The USA’s EV Giant Has Just Entered Colombia’s Market Looking for Blood004258

Van Mossel buys Breeze Motor and Ocean Automotive

Van Mossel Automotive Group has hit the acquisition trail, buying dealer groups, Breeze Motor Group and Ocean Automotive for undisclosed sums. Both companies are based on the South Coast, with locations in Portsmouth, Southampton, Bournemouth, Poole, Wimborne and Yeovil. This expansion further strengthens Van Mossel’s position in the UK on the mainland. The acquisition includes… Continue reading Van Mossel buys Breeze Motor and Ocean Automotive

Wonderfuel gas: how operators are using fuel to start cutting emissions

Demand for natural gas as an alternative low-carbon fuel for trucks continues to grow as transport firms focus on immediate steps to reduce their carbon footprint as part of a longer term transition to zero emission vehicles. Recent months have seen Bio-Compressed Natural Gas (CNG) stations and Liquefied Natural Gas (LNG) sites open around the… Continue reading Wonderfuel gas: how operators are using fuel to start cutting emissions

The all-new 2026 Audi Q3 sets a new benchmark with best-in-class performance, and upper-luxury levels of tech and refinement

The Audi Q3 receives a dynamic, more emotional, exterior design language paired with a spacious interior with more storage and technology Best-in-class acceleration of 5.5 seconds delivers an engaging drive with best-in-class 255 horsepower 2.0L TFSI four-cylinder gas engine paired to a 7-speed S tronic dual-clutch transmission. RESTON, Va., Nov. 20, 2025 /PRNewswire/ — Audi… Continue reading The all-new 2026 Audi Q3 sets a new benchmark with best-in-class performance, and upper-luxury levels of tech and refinement

Luminar is fighting with its biggest customer as bankruptcy threat looms

Swedish automaker Volvo has canceled a five-year-old contract with Luminar, the latest escalation in an increasingly ugly brawl between the lidar sensor company and its biggest customer. The fight is happening during an existential moment for Luminar. The company recently defaulted on several of its loans. While it’s working with those lenders on a resolution,… Continue reading Luminar is fighting with its biggest customer as bankruptcy threat looms