Yesaway Car Rental is hoping to bring more tourism to the region, and customers can expect an array of vehicle options. Photo via Depositphotos. As part of Yeasaway’s expansion strategy, the car rental company has opened new rental locations in Thailand’s Pattaya and Krabi, just by the airport. Yesaway Car Rental is hoping to bring more tourism… Continue reading Yesaway Opens 2 New Thailand Locations
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Avis Egypt Acquired by Ezz Elarab
Avis Budget customers in Egypt will still have access to Avis Budget Group’s global network of 11,000 rental locations in 180 countries. Photo via Depositphotos. Avis Egypt has been acquired by Ezz Elarab, a car rental firm that already owns Budget Egypt, reports Egypt Today. By the end of 2019, Avis Budget Egypt aims to… Continue reading Avis Egypt Acquired by Ezz Elarab
Nearly 600 exhibitors from 13 countries at ACMA Automechanika New Delhi next month
Nearly 600 exhibitors from 13 countries at ACMA Automechanika New Delhi next month
Samsung to supply 8-nanometre V9 chips for Audi cars
(Image: Samsung) Samsung Electronics will supply its latest 8-nanometre processors for Audi’s next-generation in-vehicle infotainment system. The South Korean tech giant’s Exynos Auto V9 packs eight ARM Cortex-A76 cores — which has a max speed of 2.1 GHz — and will be used to power the German automobile manufacturer’s new infotainment system that is set… Continue reading Samsung to supply 8-nanometre V9 chips for Audi cars
Carmen Automotive secures $730k in pre-Series A round led by Silicon Solution Ventures
January 3, 2019 Singapore-based automotive data analytics company Carmen Automotive has raised S$1 million ($730,000) in a pre-Series A funding round led by Silicon Solution Ventures (SSV). SEEDS Capital also participated in this round. According to an official statement, Carmen aims to raise its Series A round in the next 12 months on the back… Continue reading Carmen Automotive secures $730k in pre-Series A round led by Silicon Solution Ventures
India Digest: Sazerac ups JDPL stake; Sachin Bansal pays advance tax; Ola to raise funds
January 3, 2019 Sazerac has acquired an additional 20 per cent stake in Indian liquor maker John Distilleries Pvt Ltd (JDPL) from private equity firm Gaja Capital. In other developments, Sachin Bansal has paid advance tax on the gains incurred from the sale of his stake in Flipkart while cab-hailing firm Ola is in the process of… Continue reading India Digest: Sazerac ups JDPL stake; Sachin Bansal pays advance tax; Ola to raise funds
Laureti to showcase e-SUV with a 540km per charge capability
Laureti to showcase e-SUV with a 540km per charge capability
China’s CITIC announces restructuring of special steel business
January 3, 2019 Hong Kong-listed Chinese conglomerate CITIC Limited on Wednesday announced that it is restructuring its special steel business by consolidating the assets under the Shenzhen-listed entity Daye Special Steel. As part of the restructuring exercise, Daye Special Steel, in which CITIC indirectly owns a 58.13 per cent stake, has signed an agreement to… Continue reading China’s CITIC announces restructuring of special steel business
Ineos chooses Germany to develop Land Rover Defender successor – Financial Times
Ineos chooses Germany to develop Land Rover Defender successor Financial Times Jim Ratcliffe, the founder of Ineos and a prominent Brexit supporter, has selected German companies to develop his successor to the Land Rover Defender. Go to Source
INEOS Automotive gets serious with Defender replacement – AutoClassics
Projekt Grenadier is INEOS Automotive’s first project, inspired by CEO Jim Ratcliffe’s love for the Land Rover Defender. Lamenting the end of an automotive era upon the final Defender leaving Land Rover’s Solihull production line, Ratcliffe has promised to fill the 4×4 market gap with an all-new practical, uncompromising and hard-working off-roader to honour the… Continue reading INEOS Automotive gets serious with Defender replacement – AutoClassics