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Automotive Deals

Esports Automotive Deals : team vitality 3

July 7, 2023

Team Vitality is partnering with automotive brand KIA for a new two-year deal that revolves around content creation. The primary focus of this initiative centers around the immensely popular game League of Legends while also encompassing KIA’s role as the official supplier for Team Vitality’s LFL and LEC rosters. While specific details regarding the content series within the campaign have not been disclosed, it is anticipated that a diverse range of content will be produced to captivate and engage fans. The mutually beneficial partnership aims to cultivate fan interaction through an engaging campaign titled ‘The Lane of Movement.’ “We are…

Automotive Deals

Aston Martin strikes a deal with California-based Lucid to help make EVs

July 5, 2023

New York CNN —British ultra-luxury sports car maker Aston Martin has signed a deal with Lucid Group, the California-based electric luxury car startup. Lucid will provide electric motors under the arrangement and battery systems for Aston Martin’s future electric vehicles.Aston Martin announced last year that it plans to produce its first fully electric model by 2025. Saudi Arabia’s Public Investment Fund is the largest shareholder in Lucid and the second-largest in Aston Martin, after billionaire chairman Lawrence Stroll. Chinese automotive conglomerate Geely, which owns Volvo and Lotus, among other brands, doubled its stake in Aston Martin last month…

Automotive Deals

GM signs a deal with an Australian company to boost the EV supply chain

July 3, 2023

“The E25 facility will build in Louisiana is significant because it is expected [to] be the first plant in the United States to produce battery-grade manganese sulfate, a key component of cathode active material, which helps improve EV battery cell costs.” The Louisiana site is expected to be 230,000 square feet, with work to prepare the site slated to start in the third quarter. “GM’s support does more than accelerate our expansion in the United States,” Justin Brown, Element 25’s managing director, said in a statement. “Together, we are creating a resilient and sustainable North American supply chain that will…

Automotive Deals

SerDes for Automotive Market Business Research With SWOT Analysis [No. 102 Pages Report]

July 1, 2023

PRESS RELEASE Published June 26, 2023SerDes for Automotive Market Size With COVID-19 Impact and Russia-Ukraine War Impact on this Industry[102 Pages No.]SerDes for Automotive Marketreport are massive businesses with critical facilities designed to efficiently support robust opportunities, and scalable applications and are often associated with big data-producing companies such as , THine Electronics, NXP, Avago (Broadcom), Cypress, Vitesse (Microsemi), Maxim Integrated, STMicroelectronics, Inova Semiconductors, ON Semiconductor, ROHM Semiconductor, Intesil (Renesas), Texas Instruments, Semtech,. The use of SerDes for Automotive Market is opening new frontiers across the ICT industry. With the ability to manipulate matters, SerDes for Automotive market…

Automotive Deals

Exclusive: Vietnam’s Truong Hai considers stake sale in $5 billion automotive arm

June 29, 2023

SINGAPORE/HANOI, June 28 (Reuters) – Vietnamese conglomerate Truong Hai Group, founded by tycoon Tran Ba ​​Duong, is considering bringing in an investor into its automobiles arm Thaco Auto in a deal that could value the unit at around $5 billion, two people familiar with the matter said. Truong Hai Group is in talks with a financial advisor to explore the potential sale of a minority stake in Thaco Auto after receiving interests from regional financial investors and corporates, the sources said. The group could be selling about 20% in Thaco Auto, one of the sources said. Deliberations were ongoing and…

Automotive Deals

Used-car prices rebound, making buying a challenge

June 25, 2023

Our main advice for buyers in this still tricky market is to act quickly and negotiate from an informed perspective. That can make the difference between getting a fair deal or paying too much. Also, it’s never been more important to make sure your credit is in good shape. Interest rates are up, but the most competitive rates are reserved for those with strong credit ratings. Here are some other ways to make the best of a challenging market. Consider buying a new car. If you’re looking at newer used cars—models in the 1- to 3-year-old range—you may find that…

Automotive Deals

The Blind Automotive Engineer Who Saw More Than Most

June 24, 2023

Ralph Teetor was truly a wise man from whom we can still learn much.If you’ve read through lists of little-known automotive history facts, you likely have come across the tidbit about a blind engineer inventing cruise control. That’s about all most know on the subject, but the life story of Ralph R. Teetor is loaded with timeless value. More than just a gimmick or a footnote in automotive history, the man put into practice several valuable principles he attributed to his career and personal success, and I would have to agree it was adhering to those ideals which helped…

Automotive Deals

Can You Return a Car You Just Bought? Buyer’s Remorse Law and More

June 21, 2023

Problem: “The dealership ripped me off” If the car salesperson you worked with didn’t keep promises or you suspect fraud, you might have a case. But don’t make wild, unfounded accusations. Instead, use any documentation you can find. If you think you paid way too much, reference the Edmunds Suggested Price as proof of the vehicle’s market value and an acceptable price. There are also times when people go overboard on the options they purchase in the F&I room before signing a contract. Things such as extended warranties or curbed wheel coverage can add thousands to the loan price and…

Automotive Deals

General Motors Stock (NYSE:GM): Supercharging the Auto Race with New Deals

June 19, 2023

General Motors (NYSE:GM), one of the world’s oldest and largest automakers, is supercharging the automotive race with newer partnerships and investments. Yesterday, GM announced a pact with rival electric vehicle (EV) maker Tesla (NASDAQ:TSLA) that would allow GM EV drivers to use Tesla’s supercharger network. At the same time, GM announced an investment of over $500 million in the Texas plant to produce next-gen internal combustion engines (ICE)-based full-size sport utility vehicles (SUVs). Following the news, GM stock rose more than 3.8% in extended trading on June 8. GM Leverages Tesla’s Superchargers General Motors CEO Mary Barra and Tesla CEO…

Automotive Deals

Is The Kia K5 Being Discontinued?

June 13, 2023

American automakers aren’t the only ones looking to drop sedans in favor of SUVs. While Ford and Chevrolet were two of the first to move away from the sedan body style, it looks like other automakers may follow suit. Kia officially announced plans to discontinue the Stinger after the 2023 model year and a new report indicates that the K5 could share the same fate.Last May, Automotive News it was reported that Hyundai Motor Group, which includes Hyundai and Kia, was looking to trim down its lineup of sedans. The outlet claimed that Kia would drop the Stinger, which…

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