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02.03.26 - 06:06
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Commentary: German automotive price war in China threatens used car residual value system (Digitimes)
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Germany's automotive giants—Mercedes-Benz, BMW, and Audi (collectively known as BBA)—have engaged in aggressive price cuts in China's auto market, sparking fierce competition that has extended from electric vehicles (EVs) to internal combustion engine (ICE) cars. This price war threatens the long-standing asset value preservation moat these German luxury brands have built over 30 years....
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01.03.26 - 12:12
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Mercedes-Betriebsratschef: Stimmung ist angespannt (DPA-AFX)
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SINDELFINGEN (dpa-AFX) - Mercedes-Gesamtbetriebsratschef (Mercedes-Benz Group (ex Daimler)) Ergun Lümali hat sich kurz vor den anstehenden Betriebsratswahlen zur Gemütslage der Beschäftigten beim Stuttgarter Autobauer ......
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27.02.26 - 19:06
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UK self-driving startup Wayve secures US$1.2 billion to expand robotaxi plans (Digitimes)
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Wayve, the UK-based autonomous driving startup, has raised US$1.2 billion in a Series D funding round, pushing its valuation to US$8.6 billion. The round was led by venture capital firms Eclipse Capital, Balderton Capital, and SoftBank Vision Fund 2, and included major tech and automotive investors such as Nvidia, Microsoft, Uber, Mercedes-Benz, Nissan, and Stellantis. Uber also committed up to an additional US$300 million in milestone-based funding to accelerate the deployment of Wayve-powered robotaxi services globally....
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26.02.26 - 11:36
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Mercedes, Stellantis, Uber und andere investieren in Wayve (Electrive)
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Es ist bereits die dritte Riesen-Finanzierungsrunde im Bereich autonomes Fahren im Februar: Das britische Unternehmen Wayve erhält rund eine Milliarde Euro von Finanzinvestoren sowie den strategischen Investoren Mercedes-Benz, Nissan, Stellantis, Uber, Nvidia und Microsoft....
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25.02.26 - 15:42
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The Presidio Group Advised Asbury Automotive Group on the Sale of Six Luxury Dealerships in St. Louis to MileOne Autogroup (Business Wire)
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ST. LOUIS--(BUSINESS WIRE)--The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising and investments in the automotive retail and consumer mobility sectors, advised Asbury Automotive Group, Inc. (“Asbury”) on the sale of six Plaza Motors dealerships and a collision center in the St. Louis market to MileOne Autogroup (“MileOne”).
The sale of the Plaza Motors businesses and their related real estate closed Feb. 23. The transaction involved Plaza Mercedes-Benz, Mercedes‑Benz of Chesterfield, Plaza BMW, Land Rover St. Louis, Audi Creve Coeur, Plaza Infiniti and Plaza Collision Center. MileOne will retain the well‑known Plaza name in the market.
For Asbury, the decision to sell the Plaza locations reflects a broader portfolio management initiative following a period of significant growth, including its 2025 acquisition of 33 dealerships from the Herb Chambers Companies.
“When we made the strategic decision to exit the St. L...
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