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BMW are less subsidized for plant in Leipzig to

Tuesday, 09/12/2017 12:51 clock BMW stand for the production of electric cars in Leipzig, according to a ruling of the EU court less subsidies than announced. Instead of a regional investment subsidy of 45 million euros, the state could only help with 17 million euros, judges ruled in Luxembourg. The court followed the view of… Continue reading BMW are less subsidized for plant in Leipzig
to

Lesson of the Tesla Crash: Man and Machine Must Work Together

September 13, 2017, 11:51 AM EDT

Chinese Bike Sharing Firms Youon and Hellobike Merge to Compete Against Industry Giants

Chinese bike rental firm Youon Bike which is listed on the Shanghai Stock Exchange, has agreed to merge with rival Hellobike in order to better compete against industry giants ofo and Mobike. No financial details were disclosed in a company announcement. It marks the first merger deal in China’s hyper-competitive bike sharing industry. This June,… Continue reading Chinese Bike Sharing Firms Youon and Hellobike Merge to Compete Against Industry Giants

Chinese Bike Sharing Firm Ofo Partners With SoftBank C&S To Expand Into Japan

Chinese bike sharing company ofo and Japan’s SoftBank Commerce & Services Corp. have reached a basic agreement to collaborate on the deployment of ofo’s global bike sharing business in Japan. It is unclear if SoftBank Commerce & Services Corp., a unit owned by Brightstar, which is part of a family of companies within Softbank Group,… Continue reading Chinese Bike Sharing Firm Ofo Partners With SoftBank C&S To Expand Into Japan

Chinese Bike Sharing Firms Lose Revenue Stream As Beijing Bans Advertisements

In a blow to China’s cash-burning bike sharing companies, the city of Beijing has banned commercial advertisement on bicycles deployed in the city, according to regulatory guidance released last week. The move is a setback for China’s numerous bike sharing start-ups, including market leaders Mobike and ofo, as the companies and their investors had looked… Continue reading Chinese Bike Sharing Firms Lose Revenue Stream As Beijing Bans Advertisements

Bringing Fairer Ride-hailing to London

I started Taxify 4 years ago with a vision for a better ride-hailing platform, one that would treat both drivers and riders fairly. I felt very strongly that an uncompetitive ride-hailing industry leads to the mistreatment of drivers, who are barely earning the minimum wage, and substandard service for passengers. This has been my mission,… Continue reading Bringing Fairer Ride-hailing to London

Continued growth in consumer finance

8 September 2017
New figures released today by the Finance & Leasing Association (FLA) show growth of 13% in consumer finance new business in July, compared with the same month last year.
Credit card and personal loan new business together grew by 16% compared with July 2016, while retail store and online credit new business increased by 11%. Second charge mortgage new business was up 23% by value and 21% by volume over the same period.
Commenting on the figures, Geraldine Kilkelly, Head of Research and Chief Economist at the FLA, said:
“In the first seven months of 2017, consumer finance new business provided by FLA members was up by 6% compared with the same period last year. This is broadly in line with expectations for UK new consumer credit growth in 2017 as a whole.
Table 1: New consumer credit lending
July 2017
% change on prev. year
3 months to July 2017
% change on prev. year
12 months to July 2017
% change on prev. year
Total FLA consumer finance (£m)
7,607
+13
23,229
+9
91,297
+7
Data extracts:
Retail store and online credit (£m)
557
+11
1,645
+6
6,637
+2
Credit cards & personal loans (£m)
4,061
+16
12,162
+12
46,728
+8
Second charge mortgages (£m)
90
+23
270
+27
956
+8
Car finance (£m)
2,503
+10
8,012
+6
32,813
+8
Note to editors:
FLA members in the consumer finance sector include banks, credit card providers, store card providers, second-charge mortgage lenders, motor finance providers, personal loan and instalment credit providers.In 2016, FLA members provided £118 billion of new finance to UK businesses and households. £88 billion of this was in the form of consumer credit representing over a third of total new consumer credit written in the UK in 2016.For media enquiries, please contact the FLA press office on 020 7420 9656.

Wed 06 Sep 2017 Detroit Electric outlines plans for new pure electric sports car, crossover and saloon UK-based electric vehicle startup, Detroit Elec…

Detroit Electric shares outline sketches of three future models to be unveiled over the next three years EV manufacturer is recruiting 150 – 200 engineers to support ambitious EV development programmes Staffing drive is enabled by US$1.8 billion dollar joint venture deal Millbrook, UK, 6 September – UK-based electric vehicle start-up, Detroit Electric, today presents… Continue reading Wed 06 Sep 2017 Detroit Electric outlines plans for new pure electric sports car, crossover and saloon UK-based electric vehicle startup, Detroit Elec…

Marketing boss Müller changes to Douglas

Next change in the board of the car manufacturer: Opel Marketing Director Tina Müller leaves the company and is head of the perfume chain Douglas. Three months ago, boss Neumann resigned. Tina Müller (archive picture) Tuesday, 26.09.2017 09:42 clock After boss Karl-Thomas Neumann leaves with marketing director Tina Mueller another top executive the automaker Opel,… Continue reading Marketing boss Müller changes to Douglas

Katia Bassi joins Automobili Lamborghini as Chief Marketing Officer and Board Member

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Sant’Agata Bolognese, 5 September 2017 – Automobili Lamborghini announces Katia Bassi has joined the Management Board of the Company as Chief Marketing Officer, reporting to Chairman and Chief Executive Officer, Stefano Domenicali.
In her new role, Bassi is responsible globally for the strategic direction of Brand, Marketing, Partnerships, Sponsorship & Co-Branding. She’s the first woman ever to join the Lamborghini board.
“We are a passionate group of people creating exceptional sports cars. I see the same passion and commitment to excellence in Katia Bassi which is why I'm delighted to welcome her to the company,” says Domenicali.
“I am honored to join Lamborghini and work with Stefano Domenicali and the global team, who is bringing the company to the next level, enriching the customer experience. I’m ready for the challenge to surpass the extremely high levels of expectation from around the world in building on the company’s strong DNA and brand identity.”
Bassi joins Automobili Lamborghini from Aston Martin where she was Vice President of Aston Martin Lagonda and Managing Director of AM Brands. Prior to this, she held positions at National Basketball Association (NBA) in Italy, at the Italian football club Inter Milan, and at Ferrari.
The Italian super sports car brand is entering a new chapter in its history, exceeding €900m turnover for the first time and increasing worldwide sales by 7% to 3,457 in 2016, marking the sixth consecutive year of growth.
Automobili Lamborghini is doubling the size of its production site in Sant'Agata Bolognese in readiness for the arrival of the Urus Super SUV in 2018. The new facility will be complete in December 2017.

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Katia Bassi, New Lamborghini CMO

Katia Bassi entra in Automobili Lamborghini come Chief Marketing Officer e membro del Management Board

Katia Bassi wird neuer CMO von Lamborghini

Lamborghini Media Center