UAW chief ratchets up pressure on Detroit Three as deal talks drag on

The UAW wants strong salary increases, given the financial success of the automakers, citing generous executive payouts and large U.S. federal subsidies for EV sales. The United Auto Workers (UAW) union on Friday refrained from expanding its coordinated strike against the Detroit Three automakers but warned it may now call for more strikes at anytime… Continue reading UAW chief ratchets up pressure on Detroit Three as deal talks drag on

UAW strike could upend GM, Ford financial strategies

The cab to a Ford all-electric F-150 Lightning truck prototype is seen on an automated guided vehicle (AGV) at the Rouge Electric Vehicle Center in Dearborn, Michigan, U.S. September 16, 2021. REUTERS/Rebecca Cook/File Photo Acquire Licensing Rights DETROIT, Oct 16 (Reuters) – General Motors (GM.N) and Ford (F.N) have laid out ambitious plans to spend… Continue reading UAW strike could upend GM, Ford financial strategies

Yamaha Tricera concept to be unveiled at Tokyo Motor Show

Yamaha will bring an electric three-wheeler and a hydrogen-combustion dune buggy to the Tokyo motor show in a bid to bring “unfiltered joy” to the world of urban mobility. The Yamaha Tricera is similar in concept to the Morgan Super 3 and 3 Wheeler, featuring an open-sided cockpit with seating for two. According to Yamaha, the powertrain… Continue reading Yamaha Tricera concept to be unveiled at Tokyo Motor Show

Yamaha Tricera concept to be unveiled at Tokyo Motor Show

Yamaha will bring an electric three-wheeler and a hydrogen-combustion dune buggy to the Tokyo motor show in a bid to bring “unfiltered joy” to the world of urban mobility. The Yamaha Tricera is similar in concept to the Morgan Super 3 and 3 Wheeler, featuring an open-sided cockpit with seating for two. According to Yamaha, the powertrain… Continue reading Yamaha Tricera concept to be unveiled at Tokyo Motor Show

Yamaha Tricera concept to be unveiled at Tokyo Motor Show

Yamaha will bring an electric three-wheeler and a hydrogen-combustion dune buggy to the Tokyo motor show in a bid to bring “unfiltered joy” to the world of urban mobility. The Yamaha Tricera is similar in concept to the Morgan Super 3 and 3 Wheeler, featuring an open-sided cockpit with seating for two. According to Yamaha, the powertrain… Continue reading Yamaha Tricera concept to be unveiled at Tokyo Motor Show

Yamaha Tricera concept to be unveiled at Tokyo Motor Show

Yamaha will bring an electric three-wheeler and a hydrogen-combustion dune buggy to the Tokyo motor show in a bid to bring “unfiltered joy” to the world of urban mobility. The Yamaha Tricera is similar in concept to the Morgan Super 3 and 3 Wheeler, featuring an open-sided cockpit with seating for two. According to Yamaha, the powertrain… Continue reading Yamaha Tricera concept to be unveiled at Tokyo Motor Show

Blackstone secures $930m for its first Asia-Pacific sustainability-linked loan

Private equity investor Blackstone has announced securing an A$1.45 billion ($930 million) sustainability-linked loan, its first sustainability-linked financing in Asia Pacific and the largest of its kind in Australia’s industrial sector so far. The loan, which was coursed through funds managed by Blackstone Real Estate, the PE firm’s real estate business, further boosts Blackstone’s efforts… Continue reading Blackstone secures $930m for its first Asia-Pacific sustainability-linked loan

People Digest: Ed Huang to head Blackstone’s Asia private wealth; Arm China’s top staff start chip design ventureHuang will take over his new role fro…

Blackstone is appointing its current head of China private equity Ed Huang as the head of Asia private wealth, while senior employees from Arm Holding’s China unit have stepped down to start a chip design venture, which is backed by the  Shenzhen government. Blackstone names Ed Huang as head of Asia private wealth Blackstone is… Continue reading People Digest: Ed Huang to head Blackstone’s Asia private wealth; Arm China’s top staff start chip design ventureHuang will take over his new role fro…

Huawei Encroaches on Tesla’s Turf, Pushing China EV Maker Up 50%

(Bloomberg) — Huawei Technologies Co. has scored a hit in China with its latest electric vehicle, making its manufacturing partner Asia’s top stock over the past month and giving Tesla Inc. and other rivals reason to take notice. Most Read from Bloomberg More than 50,000 orders were placed for the revamped Aito M7 in the… Continue reading Huawei Encroaches on Tesla’s Turf, Pushing China EV Maker Up 50%

Indonesia’s J&T Global Express aims to launch $500m Hong Kong IPO on Monday: report

Indonesian courier services startup J&T Global Express is aiming to launch its Hong Kong initial public offering (IPO) on Monday to raise $500 million, two sources with direct knowledge of the matter said, in the city’s second-largest new share sale in 2023. The sources could not be named as the information has not yet been… Continue reading Indonesia’s J&T Global Express aims to launch $500m Hong Kong IPO on Monday: report