The SVB failure shows auto tech and retail tech startups the benefits of spreading assets among multiple financial institutions. Crisis plans are also key when a bank fails.
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| |  | | | Thursday, March 23, 2023 | | | | | | | | Subscribe today for access to top features like 40 Under 40 & Future Product Pipeline. | | | | | | | | | | | | | | The advent of connected, software-defined vehicles (SDVs) will radically alter the auto industry for drivers, OEMs and auto suppliers alike. And just like any disruptive technology, such as electric vehicles, questions abound. | | | | Read More > | | | | | | | | | | Advertisement |
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| | | | | | | | | As automakers move quickly with their EV plans, Automotive News reporter John Irwin says suppliers are looking to bolster their capabilities with more mergers and acquisitions. Michigan’s deal for a Ford factory will not come cheap. And Tesla’s credit is junk no more, according to a second ratings house. LISTEN HERE >
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| | | | | | | | | | | | | | | To say the automotive industry has gone through big changes over the past few years would be an understatement. Economic instability, continued inventory fluctuations, and rising interest rates have played their part in profits and performance. | | | | Read More > | | | | | | | | | Automotive News Newscasts |
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| | | | | | | | CORPORATE SUBSCRIPTIONS | | Find out how you can save on access to Automotive News for your entire organization. | | | | | | | | | | | | |
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