China EVs soar in Brazil, threatening Fiat, GM and VW dominance

SAO PAULO/TOKYO — Brazil’s demand for inexpensive electric vehicles and plug-in hybrids has seen sales of Chinese autos swell eightfold in the country this year, cutting into Western automakers’ hold over the market. Total sales of passenger vehicles and light commercial vehicles in Brazil totaled 208,000 units in April, according to the country’s Fenabrave dealers… Continue reading China EVs soar in Brazil, threatening Fiat, GM and VW dominance

Most expensive cars sold at auction

The car in question is chassis number 3,765, which was the only GTO Tipo to be raced by Scuderia Ferrari. It was driven by Mike Parkes and Lorenzo Bandini at the 1962 24 Hours of Le Mans race, and also took a class win and second-place finish at the Nurburgring 1,000km in the same year.… Continue reading Most expensive cars sold at auction

Stunning new Ferrari 12Cilindri confirms there’s still a place for a big V12

Huge carbon-ceramic brakes are also standard, controlled through a new brake-by-wire control system, and Ferrari’s side-slip control set-up is now on its eighth iteration and works through the traction- and stability-control systems. The wheels are a 21-inch design, running on a bespoke Michelin or Goodyear tyre option.  Aero and design While Ferrari is hesitant to… Continue reading Stunning new Ferrari 12Cilindri confirms there’s still a place for a big V12

Ferrari seeks to woo new generation of fans in high-end fashion push

Standard Digital Weekend Print + Standard Digital wasnow $45 per month FT Weekend newspaper delivered Saturday plus essential digital access. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT FT Videos &… Continue reading Ferrari seeks to woo new generation of fans in high-end fashion push

JanOne to Acquire ALT 5 Sigma Inc., a Leading Next Generation Blockchain Financial Technology Provider

ALT 5’s transactional processing volume exceeded $1.1 billion in calendar 2023, and over $450 million in Q1 2024 LAS VEGAS, May 10, 2024 /PRNewswire/ — JanOne Inc. (Nasdaq: JAN) announced today that it has executed a Definitive Agreement to acquire blockchain financial technology provider, ALT 5 Sigma Inc., a Delaware corporation, and each of its wholly-owned… Continue reading JanOne to Acquire ALT 5 Sigma Inc., a Leading Next Generation Blockchain Financial Technology Provider

@FCA: Battery Workforce Challenge Names Year One Champion Teams

May 10, 2024 , Chicago –  The Colorado School of Mines and Arapahoe Community College team has been named the Battery Workforce Challenge (BattChallenge) year one champion, leading the way in the three-year collegiate competition. Second place was awarded to the Ohio State University and Columbus State Community College team, while the University of Alabama and… Continue reading @FCA: Battery Workforce Challenge Names Year One Champion Teams

@FCA: Stellantis Spotlight Wraps the Week

May 10, 2024 , Auburn Hills, Mich. –  “Stellantis Spotlight” is a weekly recap of some of the major stories at Stellantis. The top stories for the week ending May 10, 2024, include the Jeep® brand setting records at this year’s Jeep Beach event, celebrating our chief marketing officer for a huge career achievement and seeing… Continue reading @FCA: Stellantis Spotlight Wraps the Week

Gensol Engineering appoints Rajesh Jain as Independent Director

Rajesh Jain New Delhi: Gensol Engineering Limited, a key player in solar power engineering, procurement, and construction (EPC) services and electric mobility solutions, announced the appointment of Rajesh Jain as an independent director to its board. Rajesh Jain, who recently retired as a senior partner at Walker Chandiok & Co LLP after over 20 years… Continue reading Gensol Engineering appoints Rajesh Jain as Independent Director

Carnegie Investment Counsel Celebrates 50 Years of Success, Unveils Refreshed Brand

The firm remarks on its half-century of client trust and service, debuting the next chapter for the firm’s renewed mission and branding CLEVELAND, May 10, 2024 /PRNewswire/ — Carnegie Investment Counsel (“Carnegie”), an SEC Registered Investment Adviser (RIA) with over $4.5B in assets under management, proudly celebrates 50 years since its original founding, reflecting on… Continue reading Carnegie Investment Counsel Celebrates 50 Years of Success, Unveils Refreshed Brand