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Lamborghini delays first EV launch to 2029 as market not ready

SANT'AGATA BOLOGNESE, Italy (Reuters) -Italy's Lamborghini will always make cars in Italy as it plans to launch its first electric model only in 2029, amid a market for luxury sports cars which is not ripe for full electrification, CEO Stephan Winkelmann said on Monday. Lamborghini, a unit of Volkswagen, had previously said its first EV was due in 2028. Lamborghini from this year has an entire hybrid three-model line-up, with the new version of Urus SE SUV, the Revuelto sports car and the new Temerario sports car, presented during the summer and which has a price of over 300,000 euros ($315,000), excluding value-added tax.

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TCW’s Koch Says Firm Is Entering Private Real Estate Debt Market

(Bloomberg) -- TCW Group Inc. is launching a real estate debt strategy as it seeks to grow its alternatives business and compete with other money managers moving into the $1.6 trillion private credit industry.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfLondon’s Tube Fares Are Set to Rise by 4.6% Next YearThe firm, which oversees more than $200 billion, will provide privately arranged debt to borrowers for core real estate

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How To Earn $500 A Month From Worthington Enterprises Stock Ahead Of Q2 Earnings

Worthington Enterprises, Inc. (NYSE:WOR) will release earnings for its second quarter, after the closing bell on Tuesday, Dec. 17. Analysts expect the Columbus, Ohio-based company to report quarterly earnings at 52 cents per share, down from 78 cents per share in the year-ago period. Worthington projects to report quarterly revenue of $273.77 million, compared to $1.09 billion a year earlier, according to data from Benzinga Pro. On Sept. 24, Worthington posted weaker-than-expected result for its

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