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As the first firm solely focused on offering highly tailored sale-leaseback capital to the automotive retail industry, Capital Automotive has supported car dealers since 1997. The company’s inventory was publicly traded on NASDAQ by December of 2005 once we accomplished a privatization. In October 2014, Capital Automotive was acquired by Brookfield Property Companions and its institutional companions.
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Each NPM & NFAT have improved over last four years remarkably and as a result, Atul Auto Restricted might obtain its fast-paced growth without having additional capital. An investor would discover that the debt of Atul Auto Restricted began lowering FY2011 onwards and soon it turned debt free. Total debt of Atul Auto Limited has decreased from INR 34 cr. to FY2008 to INR 0 in FY2013.
Get the newest car information, automobile evaluations, auto present updates, and racing information from Autoweek. News for the auto enthusiast. Rivian Automotive basically appeared from nowhere, and now the company has bought a massive car manufacturing facility. That is big news for EV lovers.