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VW’s PowerCo, Stellantis, Glencore back $1B mine deal in Brazil

LONDON — Global miners Glencore, Stellantis and Volkswagen Group’s battery unit PowerCo have agreed to back a $1 billion deal by blank-check fund ACG Acquisition Company to buy two mines in Brazil, ACG said. The deal comes as a mining M&A spread picks up, spurred in part by investors betting on the rising demand for […]

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George C. Chaconas of Performance Brokerage Services Advises Dimmit Automotive Group on the Acquisition of Cycle Springs Powersports in Clearwater, Florida

When you are considering buying or selling a powersports or automotive dealership, I would most highly recommend George Chaconas of Performance Brokerage Services. IRVINE, Calif. (PRWEB) June 06, 2023 Performance Brokerage Services, North America’s highest volume dealership brokerage firm, advises on the acquisition of Cycle Springs Powersports in Clearwater, Florida to Dimmit Automotive Group.

George C. Chaconas of Performance Brokerage Services Advises Dimmit Automotive Group on the Acquisition of Cycle Springs Powersports in Clearwater, Florida Read More »

US House committee chair ‘concerned’ by Tesla deals in China | Automotive Industry News

The leader of a United States congressional committee on China has expressed concern about electric carmaker Tesla’s dependency on China, a day after the company revealed plans to open a Megapack battery factory in Shanghai. Tesla announced the factory in a tweet on Sunday, and Chinese state media said it would initially produce 10,000 Megapack

US House committee chair ‘concerned’ by Tesla deals in China | Automotive Industry News Read More »

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