Airstream Adventures adds new, high-value customers to LAD’s portfolio of businesses LAD, the largest new automotive retailer in the U.S. with nationwide coverage, can now combine its innovative and technology-enhanced customer experience with the Airstream Adventures Total Guest Experience Airstream Adventures is consistent with LAD’s vision to provide personal transportation solutions wherever, whenever, and however… Continue reading Lithia & Driveway (LAD) Enters North American Luxury Recreation Vehicle Market with the Addition of Airstream Adventures, the Nation’s Largest Airstream Dealer Group
Tag: Morgan
Wall Street eyes auto industry earnings for signs of ‘demand destruction’
A sign advertises to purchase cars at a used car dealership in Arlington, Virginia, February 15, 2022. Saul Loeb | AFP | Getty Images DETROIT – Since the start of the pandemic in early 2020, U.S. automakers and dealers have seen record profits as demand outpaced supplies of new cars amid supply chain problems. But… Continue reading Wall Street eyes auto industry earnings for signs of ‘demand destruction’
Digital ad market shows ‘signs of life’ but economy clouds 2023 outlook
Oct 19 (Reuters) – When Snap Inc (SNAP.N) kicks off the third-quarter earnings season for tech and social media companies on Thursday, investors are expecting modest revenue growth across most of the sector as results will be compared with a difficult 2021 when Apple Inc (AAPL.O) privacy changes began to upend the advertising industry. But… Continue reading Digital ad market shows ‘signs of life’ but economy clouds 2023 outlook
Spirit Announces Stockholder Approval of Merger Agreement with JetBlue
Transaction Expected to Close No Later Than the First Half of 2024 MIRAMAR, Fla., Oct. 19, 2022 /PRNewswire/ — Spirit Airlines, Inc. (“Spirit” or the “Company”) (NYSE:SAVE) today announced that its stockholders approved the merger agreement with JetBlue Airways Corporation (“JetBlue”) (NASDAQ: JBLU). Based on the preliminary voting results provided by the independent inspector of… Continue reading Spirit Announces Stockholder Approval of Merger Agreement with JetBlue
Vietnam’s BNPL startup Fundiin bags $5m in Series A round
Fundiin, one of the first movers in Vietnam’s buy now pay later (BNPL) sector, has raised $5 million in a Series A funding round co-led by Trihill Capital and ThinkZone Ventures, according to an announcement. Other investors participating in the round included 1982 Ventures, Genesia Ventures, JAFCO Asia, Zone Startups Ventures, and Do Thu Ngan, former… Continue reading Vietnam’s BNPL startup Fundiin bags $5m in Series A round
Ford CEO Jim Hackett on Bronco and Design Thinking – Business Insider
Ford CEO Jim Hackett has faced steady criticism since he took over at the automaker in 2017. Hackett is a staunch proponent of “design thinking,” and the first Ford vehicles shaped by that process are starting to come to market. The best example is the all-new Bronco SUV, which debuted last week after years of… Continue reading Ford CEO Jim Hackett on Bronco and Design Thinking – Business Insider
Credit Suisse working with RBC, Morgan Stanley on capital increase
Credit Suisse Group AG is working with banks including Royal Bank of Canada (RBC) and Morgan Stanley on a potential capital increase, should it need to shore up its balance sheet and raise funds for its restructuring, Bloomberg News reported on Tuesday, citing people familiar with the matter. A capital increase through a possible share sale, under the name Project Ghana, could come after the bank’s formal restructuring… Continue reading Credit Suisse working with RBC, Morgan Stanley on capital increase
Section 230’s Fate Belongs With Congress—Not the US Supreme Court
In the nearly 27 years since the United States Congress passed Section 230 of the Communications Decency Act, courts have broadly interpreted it to protect online communities for being legally responsible for user content, laying the foundation for the business models of Facebook, Yelp, Glassdoor, Wikipedia, community bulletin boards, and so many other sites that… Continue reading Section 230’s Fate Belongs With Congress—Not the US Supreme Court
GM paved new road to pension derisking – Pensions & Investments
When General Motors Co., Detroit, purchased a group annuity contract from Prudential Insurance Co. of America to transfer $29 billion in U.S. pension plan liabilities in 2012, it showed plan sponsors a path to take derisking to the next level. Scott Gaul, Avon, Conn.-based senior vice president and head of investment and pension solutions at… Continue reading GM paved new road to pension derisking – Pensions & Investments
If Tesla is facing ‘demand destruction,’ where are the demand triggers?
Many industry watchers are claiming Tesla is facing “demand destruction,” but if that’s the case, why isn’t Tesla pulling on some demand triggers? In a new note to clients this week, Morgan Stanley analyst Adam Jonas, one of the top analysts covering Tesla, noted that he believes Tesla is experiencing “demand destruction” at the margin:… Continue reading If Tesla is facing ‘demand destruction,’ where are the demand triggers?