Editor’s Note: This week, Peter dissects the “reimagining” efforts going on at Jaguar, as the brand leaves its storied past behind with a desperation “Hail Mary” pass aimed at total reinvention. And please note: Peter will be adding commentary at the end after Jaguar’s concept reveal tomorrow night in Miami. In “On The Table,” we report on the resignation… Continue reading @niche: JAGUAR’S HAIL MARY.003650
Tag: Ford
MERCURIA SUCCESSFULLY CLOSES OVERSUBSCRIBED USD 1,699,084,507 EQUIVALENT IN USD AND CNH SYNDICATED TERM LOAN AND REVOLVING CREDIT FACILITIES IN ASIA
SINGAPORE, Dec. 2, 2024 /PRNewswire/ — Mercuria Energy Group Ltd. (“Mercuria”) is pleased to announce the successful closing of its USD 1,699,084,507 equivalent in USD and CNH Syndicated Term Loan and Revolving Credit Facilities (the “Facilities”) in Asia. Mercuria mandated Abu Dhabi Commercial Bank, PSJC, Arab Petroleum Investments Corporation, Bank of China Limited, Singapore Branch,… Continue reading MERCURIA SUCCESSFULLY CLOSES OVERSUBSCRIBED USD 1,699,084,507 EQUIVALENT IN USD AND CNH SYNDICATED TERM LOAN AND REVOLVING CREDIT FACILITIES IN ASIA
Stellantis CEO abruptly steps down: Report
Stellantis CEO Carlos Tavares suddenly resigned on Sunday, Reuters reported. The company said it would find a replacement CEO in the first half of next year. Senior Independent Director Henri de Castries said in a statement that divergent views cropped up in recent weeks among major shareholders, the board and Tavares resulting in the CEO’s resignation,… Continue reading Stellantis CEO abruptly steps down: Report
Startup Mocked for Charging $5,000 to “Edit” Book Manuscripts Using AI
“Yes, we’ve had several successes.” Let Him Book A startup called Spines apparently wants to use AI to edit and publish 8,000 books in 2025 — though no word on whether they’ll be any good. There are several issues with the premise. First, AI is a notoriously untalented wordsmith. It will undoubtedly struggle with the… Continue reading Startup Mocked for Charging $5,000 to “Edit” Book Manuscripts Using AI
German Manager Magazine: “Raven black quarter” for German car manufacturers003787
The operating profit of Volkswagen, Mercedes-Benz and BMW was around 7.1 billion euros from July to September – and fell by almost half compared to the third quarter of 2023. This is shown by an analysis of the financial indicators of the world’s 16 largest car companies, which was carried out by the auditing and… Continue reading German Manager Magazine: “Raven black quarter” for German car manufacturers003787
Todos los caminos conducen al Salón del Automóvil de Los Ángeles de 2024, que ofrece experiencias inigualables para los huéspedes, vehículos nuevos y exposiciones especiales para visitantes de todas las edades
LOS ÁNGELES, 29 de noviembre de 2024 /PRNewswire-HISPANIC PR WIRE/ – ¡Todavía queda mucho tiempo para experimentar el Salón del Automóvil de Los Ángeles®! La exposición estará abierta hasta el domingo 1.° de diciembre, incluido el Día de Acción de Gracias (28 de noviembre), los visitantes de todas las edades pueden disfrutar de exposiciones especiales,… Continue reading Todos los caminos conducen al Salón del Automóvil de Los Ángeles de 2024, que ofrece experiencias inigualables para los huéspedes, vehículos nuevos y exposiciones especiales para visitantes de todas las edades
German Manager Magazine: E-cars, agencies and fear of China – the billion-dollar risk in car sales003781
In many ways, 2024 will go down in history as a difficult year for the auto industry. If you look ahead, it is already clear: 2025 will not be any easier. Especially not for the sales departments of car manufacturers: On the one hand, they have to ensure that significantly more electric cars come onto… Continue reading German Manager Magazine: E-cars, agencies and fear of China – the billion-dollar risk in car sales003781
German FAZ: Ford works council fears “dying in installments” for the Cologne plant008251
Because the crowd was so large, the employees of the Ford works in Cologne filled a second hall at their works meeting on Wednesday. After management announced that it would cut 2,900 jobs at the site, a good 8,000 employees came together that morning. “It was dead quiet in the hall,” said Benjamin Gruschka, the… Continue reading German FAZ: Ford works council fears “dying in installments” for the Cologne plant008251
German FAZ: Ford wants to cut 2900 jobs in Germany008250
Works meeting in Cologne: Ford wants to cut 2,900 jobs in GermanyNovember 27, 2024, 2:54 p.m. External content from YouTube In order to display external content, your revocable consent is required. Personal data from third-party platforms (possibly USA) may be processed. More information. Activate external contentReuters / dpaBefore and after the Ford works meeting in… Continue reading German FAZ: Ford wants to cut 2900 jobs in Germany008250
German FAZ: After months of struggle: the way is clear for the new commission?008249
The most important thing for you on Wednesday: 1. Green light for von der Leyen’s Commission?2. Israel and Hezbollah agree to ceasefire3. How hard would Trump’s tariffs hit the German economy?4. Which jobs does Ford want to cut in Cologne?5. Twilight of the Gods for Africa’s liberation movements?6. Rembrandt’s “Amsterdam am Main”7. Does VfB exist… Continue reading German FAZ: After months of struggle: the way is clear for the new commission?008249