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10.03.26 - 12:48
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VW to cut 50,000 jobs amid Trump tariffs and falling Chinese sales (The Guardian)
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Car group reports 54% drop in pre-tax profits as it says Iran war could affect demand for Audi and Porsche brandsBusiness live – latest updatesEurope's largest automaker, Volkswagen, is to shed 50,000 jobs by the end of the decade, as it faces falling sales in China and North America and punitive US tariffs imposed by Donald Trump.The 10-brand group, whose luxury subsidiaries Porsche and Audi are also under pressure, said the jobs would go in Germany, affecting the entire group, as part of a restructuring drive in light of the darkening global business climate. Continue reading......
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11.02.26 - 17:45
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Haig Partners Serves as the Exclusive Advisor on the Sale of Lexus of Westport, Toyota of Westport, and Audi Hawthorne to Keeler Motor Car Company and Open Road Capital – Located in One of the Best Luxury Markets in the U.S. (Business Wire)
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The team at Haig Partners has been involved in 34 transactions for 41 Toyota dealerships, more than any other buy-sell advisory firm. Haig Partners also has extensive experience in the purchase and sale of Lexus dealerships. With this closing, the team at Haig Partners has advised on the purchase or sale of over 100 dealerships in the Northeastern U.S., well in excess of any other buy-sell advisory firm.FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--#Audi--Haig Partners LLC, a leading buy-sell advisory firm to auto retailers, served as the exclusive advisor to New Country Motor Car Group (“New Country”) on the sale of its Lexus of Westport, Toyota of Westport and Audi Hawthorne dealerships to Jesse Hord of Keeler Motor Car Company and his capital partner, Open Road Capital. The Lexus and Toyota dealerships are located on the “Gold Coast” in CT, and the Audi dealership is located in Westchester County, NY, both wealthy areas outside of New York City.
“We decided to reposition capital to another one of o...
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27.01.26 - 14:06
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Here Are Tuesday′s Top Wall Street Analyst Research Calls: Affirm Holdings, Alcoa, Block, Coinbase Global,CoreWeave, Datadog, Intuitive Surgical, and More (24/7 Wall St.)
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Pre-Market Stock Futures: Futures are trading mixed after a solid start to the week, with all the major indices, except the Russell 2000, finishing the day higher. Anticipation of earnings reports from mega-cap technology stocks, including Microsoft, Meta, and Tesla, and the January Federal Reserve meeting, where the Fed is expected to hold rates steady, ... Here Are Tuesday's Top Wall Street Analyst Research Calls: Affirm Holdings, Alcoa, Block, Coinbase Global,CoreWeave, Datadog, Intuitive Surgical, and More
The post Here Are Tuesday's Top Wall Street Analyst Research Calls: Affirm Holdings, Alcoa, Block, Coinbase Global,CoreWeave, Datadog, Intuitive Surgical, and More appeared first on 24/7 Wall St.....
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