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Trump's UK Trade Carveouts Baffles Economist Justin Wolfers: Bentley, Rolls-Royce Exemption Is 'Politically Insane'
Monday, May 12, 2025 - 5:36am | 586On Sunday, University of Michigan economist Justin Wolfers highlighted the unusual carveouts in the new U.S.-U.K. trade framework, with leading British brands such as Rolls-Royce Plc, Aston Martin, Bentley, and several other high-end automakers effectively dodging the tariffs. What Happened: During...
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Lucid's Partnership With Aston Martin Unaffected By Delays In British Carmaker's EV Timeline: 'We're Solid As A Rock,' Says CEO Peter Rawlinson
Tuesday, August 6, 2024 - 6:27am | 498Lucid Group (NASDAQ:LCID) CEO Peter Rawlinson said on Monday that the EV maker’s relationship with British car manufacturer Aston Martin is “solid as a rock” despite the latter having delayed their plans to launch its first battery electric vehicle. What Happened: “Look...
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Aston Martin Scrambles To Tackle $1.4B Debt, Share Prices Surge As Chairman Takes Charge Of Recovery
Tuesday, February 13, 2024 - 7:12am | 681Aston Martin Lagonda Global Holdings Plc (OTC:AMGDF) Executive Chairman Lawrence Stroll confirmed that the loss-making British luxury carmaker is discussing with bankers to address a pending debt pile of approximately $1.4 billion. What Happened: The talks will primarily focus on a $1.1 billion...
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Vehicle, Electric Vehicle: Could Lucid Motors Power James Bond's Next On-Screen Car?
Monday, January 29, 2024 - 3:55pm | 884Distribution rights to one of the most well-known spy movie franchises now belong to Amazon.com Inc (NASDAQ:AMZN) after the e-commerce giant acquired media company MGM. The next James Bond installment could provide a boost to Amazon's media efforts and also help an electric vehicle company. What...
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Saudi Wealth Fund Bolsters Investment, Increases Stake In Aston Martin To Over 20%
Thursday, November 9, 2023 - 12:41am | 450The Saudi wealth fund ramped up its stake in British luxury carmaker Aston Martin (OTC:AMGDF) to 20.5%, according to a recent regulatory filing. This move comes a week after Aston Martin’s quarterly results and future forecast disappointed investors, reported Reuters. The Public...
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Fintech Focus Roundup For March 7, 2021
Sunday, March 7, 2021 - 10:19am | 1087Aston Martin Cognizant Formula One Team, Crypto.com Announce Partnership Ahead of its 2021 Formula One car launch, the Aston Martin Cognizant Formula One Team announced it signed a multi-year deal with Crypto.com, to collaborate on exclusive experiences. Crypto.com is a fast-growing cryptocurrency...
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Fintech Focus For March 3, 2021
Tuesday, March 2, 2021 - 10:57pm | 2042Quote To Start The Day: Being an entrepreneur is an existential, not just a financial thing. Source: Nassim Nicholas Taleb One Big Thing In Fintech: The electronic Chinese yuan is now being tested in cities such as Shenzhen, Shanghai and Beijing. No other major power is as far along with a...
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Aston Martin Unveils Its First Ever SUV In Beijing
Wednesday, November 20, 2019 - 4:52am | 404UK-based luxury sports car maker Aston Martin Lagonda Global Holdings p.l.c. (OTC: AMGDF) launched its first sports utility vehicle at a formal event in Beijing on Wednesday. Aston Martin has completed the first trial build for the new SUV model named DBX, the company said in an official ...
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China's Tesla Killer Might Be Called 'LeSEE'
Sunday, April 24, 2016 - 4:19pm | 389Tesla Motors Inc (NASDAQ: TSLA) might want to start worrying about a Chinese tech and entertainment company named LeEco – formerly Letv, often dubbed as China’s Netflix, Inc. (NASDAQ: NFLX). But, why should a vehicle maker be concerned about an entertainment producer and consumer...
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Does Ford Suffer from a Case of Honda or Hyundai Envy?
Monday, January 9, 2012 - 11:06am | 879Think Ford First, says the automaker. So why are new Ford cars making us think of Honda and Hyundai instead? It all started with the redesigned Ford (NYSE: F) Escape, which looks painfully similar to the Honda (NYSE: HMC) CR-V. After writing about the similarities last fall, many readers chimed in...
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The Rich & Famous Version Of Ping Pong
Thursday, July 28, 2011 - 2:54pm | 140Ping pong is generally played with two paddles and a ball. One player hits the ball back to each other over a net and the first to 21 points wins. Well that's not apparently how the rich play ping pong. A woman in Monte Carlo caused a five car pile up worth an estimated £700,000, as she smashed...
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James Bond's Aston Martin Car Sells for $4.6 Million
Thursday, October 28, 2010 - 11:59am | 120An American businessman bought James Bond's 1964 Aston Martin DB5 for 2.9 million pounds ($4.59 million) at a London auction on Wednesday. The car driven by Sean Connery in his portrayal of the suave but lethal British secret agent in the "Goldfinger" and "Thunderball" Bond films sold for less than...