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Comment on Nio gives over 230,000 sales forecasts for 2024 to supply chain, Xpeng 280,000, Li Auto 800,000, report says by John Hanna

CN EV Post

Many will have sold already at various times out of disappointment and fear for the future of NIO when, having bought based on corporate claims of high confidence in YOY rate of unit sales growth - it became evident the truth was much different. Now, be a good little sucker and go away quietly. your savings shrunken".

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Minda Corporation, Pricol to present arguments to CCI over stake acquisition | Autocar Professional

Baua Electric

Minda Corporation and Pricol Ltd. The move was labelled a “hostile takeover” by many in the auto industry, setting the stage for a potential battle before the antitrust regulator. Pricol management stated it would use all possible legal and financial means to prevent the deal in order to maintain control over the company.

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In Tesla Autopilot probe, US prosecutors focus on securities, wire fraud – ET Auto

Baua Electric

Tesla videos demonstrating the technology that remain archived on its website say: “The person in the driver’s seat is only there for legal reasons. ” Musk is increasingly focused on self-driving technology as Tesla’s car sales and profit slump. He is not doing anything. The car is driving itself.”

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Minda Corp and PE investors believed to be likely sellers in Pricol’s block deal: Report | Autocar Professional

Baua Electric

Minda Corporation, mid-last year, announced its decision to acquire a 15.7% Pricol’s top management promptly responded by reiterating that they had no plans of undertaking any secondary sales or raising equity capital. stake worth Rs 400 crore in rival Pricol Ltd.

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Hindustan Zinc expects “positive feedback” from govt on co rejig by next quarter – ET Auto

Baua Electric

The company’s board had in late September, proposed a corporate restructuring to create three separate legal entities for zinc and lead, silver, and recycling business. We expect to hear from the government by the next board meeting,” Arun Misra told ET. For Oct-Dec, consolidated operating profit fell 4% on year at INR 3,559 crore.

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Hindustan Zinc may put off demerger – ET Auto

Baua Electric

In a meeting on September 29, 2023, HZL’s board had asked the company to explore a corporate restructuring to create three separate legal entities for zinc and lead, silver, and recycling business to unlock shareholder value. billion cash deal.

Auto 40
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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

—things are far from back to “normal,” or at least the normal defined by the consumer-incentive-induced sales levels of the past. —things are far from back to “normal,” or at least the normal defined by the consumer-incentive-induced sales levels of the past. million units in lost vehicle sales this year.