BizLink expects synergy from acquiring LEONI"s INBG
Connecting cable and wiring system maker BizLink Holding has finished acquisition of a 100% stake in Industrial Solutions Business Group (INBG) under Germany-based cable maker LEONI at Euro 451 million (US$507 million), and expects the acquisition to.....»»
Nissan’s fleet sales are surging, and dealers fear history is repeating itself
Last month, Nissan sold nearly 40,000 vehicles, or 44 percent of total sales, to rental companies. But the automaker’s sales chief expects fleet share to stabilize soon......»»
Group 1 buys 2 Lexus stores in Southern California with $350M in combined sales
Group 1 Automotive expects Newport Lexus in Newport Beach and Tustin Lexus to generate $350 million in combined annual revenue......»»
Odysseus lander mission expected to end early due to power issue
Intuitive Machines has announced that it expects the lander to stop communications on the morning of Tuesday, February 27, cutting the mission short......»»
Microsoft tried to sell Bing to Apple in 2018, according to Google court filings
In September, Bloomberg reported that Apple had held exploratory talks with Microsoft about acquiring Bing as recently as 2020. In newly unsealed court filings this week, more details about the acquisition talks between Apple and Microsoft have surfa.....»»
New research demonstrates synergy between social cohesion and volunteering
There is a virtuous circle between volunteering and social cohesion, offering wider benefits to communities according to new research led by Kent and Belong—the Cohesion and Integration Network......»»
State-owned enterprises experience greater regulatory scrutiny when acquiring firms abroad: Study
New research shows that state-owned enterprises (SOEs) experience greater regulatory scrutiny when acquiring firms in foreign economies, thus increasing the costs of the acquisition......»»
Some dealership M&A brokers predict record Q1 amid robust deal pace
Alan Haig, president of buy-sell firm Haig Partners, in Fort Lauderdale, Fla., told that his firm expects to close deals on 31 stores this quarter, and he has a bullish outlook for 2024......»»
Some dealership buy-sell brokers predict record Q1 amid robust deal pace
Alan Haig, president of buy-sell firm Haig Partners, in Fort Lauderdale, Fla., told that his firm expects to close deals on 31 stores this quarter, and he has a bullish outlook for 2024......»»
Doggett Automotive buys 6 dealerships from Group 1 Automotive
Doggett Automotive expects the acquisition to add $300M in annual revenue......»»
Mazda quarterly profit surges to record on CX-90, hybrid uptake
Mazda expects the momentum to grow with the introduction of more hybrid options in the CX-50 and CX-70 crossovers......»»
Toyota may slow production after sprinting to records in latest quarter
Toyota cut its annual global sales forecast, largely due to the suspension of shipments from Daihatsu, but still expects to book record profits......»»
Toyota may slow production after sprinting to records
Toyota cut its annual global sales forecast, largely due to the suspension of shipments from Daihatsu, but still expects to book record profits......»»
Geely launches 11 low-orbit satellites for autonomous vehicles
Geely said it expects 72 such satellites to be in orbit by 2025 and eventually plans to have a constellation of 240......»»
Used vehicle prices will fall 5.7% in 2024, expert says
Jonathan Banks, vice president of product development and valuation services at J.D. Power, said he expects used-vehicle prices will fall more than they did in 2023, but affordability remains an issue for many buyers as prices remain elevated over pr.....»»
Volvo expects record revenue, car sales in 2024
CEO Jim Rowan expects Volvo to increase it vehicle sales more than 15 percent compared with last year's record total of 708,716......»»
Fisker, VinFast head to NADA looking for dealer partners
The two newcomers are the first full-EV brands to pivot from the direct-sales model pioneered by Tesla to franchised dealers. VinFast has a few dealerships and Fisker expects its first in February......»»
Raspberry Pi is planning a London IPO, but its CEO expects “no change” in focus
Eben Upton says hobbyists remain "incredibly important" while he's involved. Enlarge / Is it not a strange fate that we should suffer so much fear and doubt for so small a thing? So small a thing! (credit: Andrew Cunningham).....»»
American Honda targets 1.4 million sales in 2024; Acura plans new baby crossover
American Honda expects to sell 1.4 million vehicles in 2024 between its Honda and Acura brands, and will launch four electrified products this year as well as a new, entry-level Acura crossover......»»
American Honda targets 1.4 million sales in 2024
American Honda expects to sell 1.4 million vehicles in 2024 between its Honda and Acura brands, and will launch four electrified products this year as well as a new, entry-level Acura crossover......»»
TSMC"s second Arizona plant may not open until 2028
Apple's iPhone processor manufacturer TSMC has announced that it expects its second Arizona plant will be delayed by up to two years — and may no longer produced the promised 3-nanometer chips.TSMC investing $40 billion in Arizona fabsTSMC's second.....»»