Sunday, February 28, 2021

Tag: Honda

The 53 Companies Bailed Out by the Bank of England: Jonson Controls, Carnival, PACCAR, Honda, Toyota, BASF, Bayer…

by Wolf Richter, Wolf Street:

Foreign Companies welcome. US Tax dodgers that didn’t qualify in the US, no problem.

The Bank of England (BoE) published a list of the 53 companies to whom it has lent more than £16 billion, at absurdly low rates, as part of its Coronavirus Corporate Financing Facility (CCFF). Launched on March 20, the scheme enables the BoE to buy short-term corporate debt (“corporate paper”) of up to one-year maturity from companies at interest rates of between 0.2% and 0.6%.

Tesla’s Global Deliveries Compared to the Top 10: Volkswagen, Toyota, GM, Ford, Honda, FCA, Mercedes… Here’s the Chart

by Wolf Richter, Wolf Street:

Tesla’s Stock Makes it the Second Most Valuable Automaker in the World. But How About its Size?

Tesla shares took a little dip today, but no biggie. They still produce an astounding market capitalization of $102 billion, “astounding” not because the market cap per se is huge – there are now some trillion-dollar companies out there – but because the business Tesla is in: auto manufacturing and solar panels.