The Chinese EV maker is seeing vehicles pile up overseas amid weak demand, quality-control issues and internal tension.
Alumina said its independent nonexecutive directors and CEO recommend shareholders vote in favor of the proposed takeover.
Snafus in production mean work gets completed out of sequence. “It creates opportunities for failure.”
Roughly 50 people were treated by first responders after the flight from Sydney to Auckland experienced what the airline described as a strong movement.
Casino operator said Standard General proposed to acquire all outstanding shares it doesn’t already own for a price of $15 a share.
Investment giant had hired aggressively in recent years during the market rally