Audi Drops Remaining Manuals In U.S. A4 and A5 Models
[B]ecause the sales rate is so low—Audi says only 5 percent of A4 buyers
worldwide chose a no-cost manual transmission option—the company is
dropping the shifting stick from the A4 and A5 model line for the 2019
model year. This leaves Audi’s U.S. lineup devoid of any manual
transmission options.
(Jalopnik.com)
Wednesday, July 18, 2018
Tuesday, July 17, 2018
This Could Be A Great Partnership
Constellation Brands, the producer of Corona is making a $4B bet on marijuana, investing in Canopy Growth, a Canadian cannabis manufacturer.
The investment gives Constellation a38% stake in Canopy. The brand and many others speculate that the booming Canadian industry will be lucrative in the States once companies like Constellation are guessing will be legalized nationwide in the US before long.
Canopy stocks rose 30% during Wednesday trading on the news. Constellation dropped 6.1%, but if things pan out, Constellation has the opportunity to buy 139.7M more shares over the next three years, or the equivalent in another $5B in funding.
(BroBible.com)
The investment gives Constellation a38% stake in Canopy. The brand and many others speculate that the booming Canadian industry will be lucrative in the States once companies like Constellation are guessing will be legalized nationwide in the US before long.
Canopy stocks rose 30% during Wednesday trading on the news. Constellation dropped 6.1%, but if things pan out, Constellation has the opportunity to buy 139.7M more shares over the next three years, or the equivalent in another $5B in funding.
(BroBible.com)
Subscribe to:
Posts (Atom)




