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book for berlin Volkswagen Group public offering Porsche The bookrunners involved in the listing have been covered multiple times with the full size of the deal. indicated demand listing It is scheduled to take place at the Frankfurt Stock Exchange on September 29. The retail and institutional offering period begins on Tuesday and runs through September 28, offering shares to retail investors in Germany, Austria, Switzerland, France, Italy and Spain. Sources close to the IPO said the price point was well received by the market, with broad global demand in the US, Europe and Asia. It was too early to know retail demand, they added. Cornerstone investors have already claimed 40% of the shares on offer, including the Qatar Investment Authority, which has purchased 4.99% of the shares on offer. Abu Dhabi’s ADQ, which invests $350 million. T. Rowe Price and the Norwegian Sovereign Wealth Fund each invested $750 million. Total proceeds from the sale would be $18.1 billion to $19.5 bi

San Francisco : Tesla owner sues electric car maker, saying the company and its CEO Elon Musk are “deceptively and misleading” promoting Autopilot and “fully self-driving” software I was. California’s Briggs Matsko said he paid a $5,000 premium to get “Enhanced Autopilot” on his 2018 Tesla Model X. Tesla Installs Nearly 4,000 EV Supercharger Stations Worldwide . “Plaintiffs have filed this consumer class action lawsuit, accusing Tesla and its representatives, including CEO Elon Musk, of making misleading and deceptive statements over the years regarding the company’s advanced driver assistance system (ADAS) technology. I will hold you accountable for what you have done.” Federal Court in San Francisco. For years, “Tesla deceptively and misleadingly referred to its ADAS technology” as self-driving technology under various names such as “Autopilot,” “Enhanced Autopilot,” and “Full Self-Driving Capabilities.” I’ve been selling. The lawsuit claimed additional dollars to add to their new

New York City — Lenders are increasingly partnering with fintechs to update legacy systems, but successful partnerships require strong collaboration at all levels of the organization. “For more banks to do this successfully, they need to understand the technology. They also need to understand the nature of startups and their businesses.” Peermont Bank said Rodrigo Suarez, head of innovation at the company, on Wednesday. finobatefoll in New York City. “It’s not natural for most bankers to do that, nor is it natural for most tech people to understand how banks think,” said Suarez. “Having people on both sides of the equation who can bridge that gap and understand both sides of the equation is very important.” Suarez outlined three steps to foster successful fintech partnerships. two-way collaboration Successful fintech partnerships are characterized by strong cooperation from both banks and their fintech providers, Suarez said. “We need strong engagement [and support] From ever

The first details of the internal combustion elements of the car’s hybrid powertrain were revealed on Monday, with further teaser images of the Lamborghini LMDh being developed. Alliance with French constructor Ligier Automotive . The LMDh engine was the first design from the ground up by Lamborghini Squadra Corse’s in-house motorsport division founded in 2013, unlike the production-based V10 that powers the Huracán GT3 and Super Trofeo one-make machines. . The Italian constructor has revealed the powerplant will be a 90-degree V8, but it is understood to have a capacity of around 4 liters. The weight is 180kg, which is the minimum weight stipulated by the rules. Combined power output of the new V8 and hybrid system jointly developed by Bosch, Williams and Xtrac is described by Lamborghini as 500kW (670bhp), with a 480-520kW range set on both the LMDh and Le Mans hypercars. is the median value of Rules. Lamborghini has also confirmed the dimensions of the following prototypes: Wid

Crew members of a water truck monitor the backfiring of a mosquito fire in Forest Hill, an unincorporated area of ​​Placer County, California, on September 13, 2022. Josh Edelson | AFP | Getty Images As massive wildfire Over the past week, smoke and ash that have chewed through tens of thousands of acres in California have blown into nearby towns, including Sparks, home of Tesla’s Gigafactory in Nevada. Tesla has taken steps to protect its employees from exposure to smoke from wildfires (mosquito fire) as much as possible, but the company has not hesitated to furlough its employees. According to an internal memo shared by CNBC, Tesla informed facility employees that the building’s heating and cooling (HVAC) system was set to “recirculation mode to limit the amount of outside air entering the factory.” Did. Overall air quality around the Tesla facility was ranked “unhealthy” to “very unhealthy” on Thursday and Friday, with approximately 57 micrograms of particulate matter

Shoppers looking to buy the 2023 Nissan Maxima before its end of sale are in for a surprise when they visit a Nissan dealership. The automaker recently announced prices for the 2023 Maxima, with a significant price increase for the larger sedan. the price of 2023 Maxima SV starts at $39,235 (including destination). This represents an increase of $300 from last year. The mid-level SR trim also he’s up $300 for 2023, with prices now starting at $44,395. The top of the range, platinum, has seen the most price increases as the trim is $1,100 more than last year. Nissan has made some changes to its 2023 Maxima lineup, with all sedans sporting Nissan’s new branding logos on the inside and outside of the vehicle, making the SV and SR $300 more expensive. Now, things are slightly broader for the Platinum trim, as the trim comes standard with semi-aniline leather upholstery and an illuminated kick plate. Comes with Ascot leather upholstery. maxima production finish Mid 2023. Nissan confir

The Porsche 911 Carrera RS 2.7 has set the template for the modern 911 track car, so to celebrate its 50th anniversary this year, Porsche will celebrate World Rally Champion Walter Röhrl, 24 Hours of Le Mans winner Timo Bernhard, and the classic 911 A selection of the history of the Carrera RS 2.7 and its successors. Introduced in 1972 as the Homologation Special, Carrera RS 2.7 It’s instantly recognizable thanks to the ducktail rear spoiler. It was the first production sports car to be equipped with a spoiler, including a ducktail and a small front lip spoiler. The ducktail counteracted aerodynamic lift, reduced drag and even improved engine cooling. It also became an iconic styling feature that is now making a comeback. 2023 Porsche 911 Sport Classic . Its familiar shape began as a simple panel held together by pieces of wood. Protruding from the sloping rear of the 911, this section has been shown in wind tunnel tests to cancel lift and create downforce. It was also the first