Posts Tagged ‘autos’
Autos, Electronics: What Will Trump’s Tariffs Impact?
US President Donald Trump’s sweeping tariffs on Canada and Mexico are set to roil supply chains for products ranging from automobiles to avocados — with industries girding for cost increases. US imports from both countries covered nearly $900 billion in goods as of 2023, and supply lines between the three North American neighbors — who…
Read MoreNvidia Ramps Up AI Tech For Games, Robots And Autos
Nvidia chief executive Jensen Huang made a rock star appearance at a packed arena late Monday, touting AI chips and software for robots, cars, video games and more. After years of being on the sidelines at the annual Consumer Electronics Show (CES) in Las Vegas, talk of computer chips was a hot ticket as people…
Read MoreEurope: Shares start the week higher on autos, banks
EUROPEAN equities advanced on Monday, led by gains in automobile and financial stocks, while investor attention focused on the first round of French parliamentary elections later this week. The Europe-wide Stoxx 600 closed up 0.7 per cent, slightly below a nearly two-week high hit earlier in the session. Banks rose 1.7 per cent to lead…
Read MorePanasonic to sell autos business to Apollo Global-managed funds
JAPAN’S Panasonic said on Friday (Mar 29) it will sell its entire stake in Panasonic Automotive Systems (PAS) to funds managed by US private equity firm Apollo Global Management, and then make an investment in the new holding entity. The transaction has a total enterprise value of 311 billion yen (S$2.8 billion), subject to adjustments…
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