Salt Creek Capital’s Post

Steer Automotive attracts European investor as Keyhaven exits: … collision repair group Steer Automotive to pan-European private … and chief executive of Steer Automotive, said: “Over recent years … into the UK’s leading automotive repair business, with major … required to serve the automotive industry as it undergoes … #car #cars #awesome

The collectible car industry has seen significant developments this summer, which have only solidified its status as a great asset class and supported a well-diversified and crisis-resistant portfolio. These iconic vehicles have the potential to provide considerable returns on investment, and at Silverpine, we're dedicated to empowering you to tap into this potential. We believe that investing in collectible cars is not only a wise financial decision but also an opportunity to own a piece of history. Our team at Silverpine is committed to providing you with the knowledge and resources to make informed investment decisions. If you're curious to learn more about the driving force behind Silverpine, see the video below: https://lnkd.in/eeJ5EduG #collectiblecars #investments #fractionalownership #fintech

🚫 Fisker files for bankruptcy after rescue talks collapsed - Autocar 🚫 Fisker Automotive, a leading electric vehicle manufacturer, has filed for bankruptcy after rescue talks fell through. The company, known for its innovative designs and commitment to sustainability, faced financial challenges that ultimately led to this decision. This turn of events has left many in the industry and fan base disappointed, as Fisker was seen as a pioneer in the electric vehicle market. Despite this setback, the future of electric vehicles remains bright, with many companies continuing to push the boundaries of innovation and sustainability in the automotive industry. We are committed to supporting sustainable transportation, and we believe that the electric vehicle market will continue to evolve and thrive. Fisker may be facing challenges now, but the industry as a whole is moving forward with determination. Let's continue to support and promote the development of eco-friendly transportation solutions! 🌿⚡️🌎 #FiskerBankruptcy #ElectricVehicle #SustainableTransportation https://ift.tt/Ww4zLrD

Why deal with a vehicle broker? Well, there's a few reasons why the broker option might be best suited for you: ✅ Access to various makes and models ✅ A variety of funding options and purchase methods ✅ Guidance on trim and spec levels ✅ Guidance on right funding method to suit your business and vehicle type ✅ Able to source 'niche' or 'particular' vehicles ✅ Can offer maintenance options where needed. ✅ Can organise parts/accessories and delivery to desired destination. I've worked with fleets large, medium and small and sometimes with the day to day running of vehicles in your business taking up a lot of time, the vehicle acquisition aspect when that rolls around can be so much easier in partnership with a broker doing a lot of the legwork for you. How do you source your vehicles and have you ever used a broker to help? #vehiclesourcing #vans #fleet #finance

🚫 Fisker files for bankruptcy after rescue talks collapsed - Autocar 📣 Breaking news: Fisker, the electric vehicle manufacturer, has filed for bankruptcy after rescue talks fell through, as reported by Autocar. This is a major setback for the company and the EV industry. Despite the challenges, the future of electric vehicles remains bright. With advancements in technology and growing demand for sustainable transportation, the industry is poised for continued growth. Let's stay informed and optimistic about the future of electric vehicles. #Fisker #EV #Bankruptcy https://ift.tt/Ww4zLrD

🚗 Cruising through the latest article on car haulers got me thinking: 🔍 Trends are shifting in the auto transport industry with major acquisitions and overhaul designs like the Volvo Auto Hauler. It's fascinating to see how companies are adapting to meet the evolving demands. 🤝 From mergers to bankruptcy averted, the industry's landscape seems to be in constant motion, with players like Jack Cooper Enterprises making strategic moves to navigate challenges. 🚛 The Federal Motor Carrier Safety Administration's exemption from flag rules for stinger-steered auto haulers is another intriguing development, showcasing regulatory adaptations in response to industry needs. 💼 Diving into the world of car haulers sheds light on a dynamic domain where innovation, regulations, and business strategies intersect. What observations or trends have caught your attention lately? https://lnkd.in/eNwghKNt

https://lnkd.in/eygwVEk2 This news highlights a couple of things for me: 1. #electricvehicles are still relatively new to market and with that comes a higher degree of risk and uncertainty regarding asset values 2. Many companies have tried the #subscriptionservice model for vehicles without fully cracking the solution #fleetmanagement

In the second article of our series with Car Dealer Magazine, Paul Hyne and Preston Rogers talk about how the right finance products, coupled with consumer education, will help mass adoption of electric cars. Take a look for an insight into our EV education journey.

Volta Trucks bankruptcy was tough for me to watch "The uncertainty with our battery supplier also negatively affected our ability to raise sufficient capital in an already challenging capital-raising environment for electric vehicle players." Ugh. I have to admit the collape of Volta Trucks this morning caught me by surprise, and it kinda hurt. See, I have a little history with Volta Trucks as just under 3 years ago they gave me my first social media influencer gig. This started a whole new revenue stream for Vision Mobility that I hadn't really considered. As well, I was confident in talking about it as the product was so well thought through. Plus, it looked great, thanks to the penmanship of Carsten Astheimer Unfortunately, the bankruptcy vortex of their battery supplier Proterra Inc pulled them under, which is a real shame. Undoubtedly though they were very likely thin on cash before the Proterra went pear 🍐 shaped. In hindsight, there's a couple learnings to be had: 1) Having two suppliers would have minimized supply chain interruptions and financial damage 2) Great product, huge market opportunity and tons of order aren't the only things needed for success. 3) Another might be grow conservatively and make sure to have money spare for a rainy day. It feels like a huge opportunity here to buy the assets out of bankruptcy, pick up the pieces and keep going. Though, I think the buyer should find a new battery supplier. There's also a pretty big learning for me too - you never quite know where your next opportunity might turn up and how a small gig might actually change your career for the better. Thanks to Ade Thomas for sending, as well as the many Volta related discussions we've had. Shout out to people I know there like Duncan Forrester and others. Have you seen it where a very promising company has gone under due to circumstances beyond their control? What do you think Volta should have done differently? What do you think will happen now? Let me know your thoughts in the comments below #automotive #batteries #climatechange #electricvehicles #innovation #sustainability

🛻 Yank tanks vs the traditional Aussie ute 🤔⁣ ⁣ There's no denying we've seen an influx of oversized American utes on Aussie roads recently, such as the RAM 1500 and Chevrolet’s Silverado. 🛻⁣ ⁣ The RAM 1500 Express has a whopping maximum braked towing capacity of 4,500kg. 🛥⁣ ⁣ That's 1,000kg more than the utes Aussies traditionally love, such as the Toyota HiLux and Ford Ranger (still the two top-selling vehicles in Australia). 😮⁣ ⁣ But is it overkill? 🤔⁣ ⁣ Well, we're not here to judge! We're simply here to help you get finance. 🤝⁣ ⁣ So whether you need finance for a RAM, Chevy, Ford, Toyota - or on the other side of the spectrum, an EV Tesla - we can help you source finance for it. 👇⁣ ⁣ To find out more, DM us or contact Connect Financial Solutions on: ☎ – 0439 300 999 💻 – davidlewis@connectfinancial.net ⁣ #connectfinancial #connectfinancialsolutions #homeowner #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #sydney #sydneyproperty #sydneyrealestate #sydneymortgagebroker #sydneyfinance #sydneybroker #sydneylocal #baulkhamhills #baulkhamhillsproperty #baulkhamhillsrealestate #norwest #norwestproperty #norwestrealestate #bellavista #bellavistaproperty #bellavistarealestate #nsw #nswproperty #nswrealestate