Asia Pacific Automotive Parts and Components Market is expanding rapidly due to rising vehicle production, rapid adoption of technological advancements, an increasingly high demand for electric ...
We believe Thor has sufficient liquidity to meet all of its financial obligations as well as the ability to fund future organic and acquisition growth. As of July 31, Thor held $501.3 million of cash ...
small- and medium-sized auto suppliers often lack access to finances, hindering their ability to expand to produce parts for EVs. The fund, which will be advised by an auto industry council ...
Monroe will begin raising money from institutional investors immediately, including auto industry sources such as original equipment manufacturers and pension funds, and hopes to issue loans from ...
The grant, announced Monday in conjunction with a $1 billion fund for small- and medium-sized parts suppliers, will create the Michigan Auto Supplier Transition Program. It will be administered by ...
Investment firm Monroe Capital LLC announced plans to launch a new fund, The Drive Forward Fund LP, aimed at providing up to $1 billion in loans to smaller auto suppliers as the industry transitions ...