June 18, 2021 Posted by: Jorge Platero Category: Faconauto News Manheim Spain has listed the main conclusions at the European level of the forecasts released by Cox Automotive. The second half of 2021 presents important trends for dealers. Some of them are the increase in mileage and seniority averages; and the increased demand for used… Continue reading Forecasts for the second part of 2021: collaboration between companies, a key factor to overcome new challenges
Category: Automotive
GIC-backed consultancy firm ThoughtWorks’ parent confidentially files for US IPO …
Software consultancy company ThoughtWorks Inc said on Thursday that its parent Turing Holding Corp. had confidentially submitted paperwork for an initial public offering in the United States. ThoughtWorks, which helps firms digitize their operations, was valued at $4.6 billion after a $720 million funding round in January from investors including Singapore’s sovereign wealth fund GIC and Germany-based… Continue reading GIC-backed consultancy firm ThoughtWorks’ parent confidentially files for US IPO …
CPE-backed Chinese hair transplant clinic chain Yonghe files for HK IPO
In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to… Continue reading CPE-backed Chinese hair transplant clinic chain Yonghe files for HK IPO
India: Paytm to issue fresh equity shares worth $1.6b before IPO
Among other proposals, Paytm founder Vijay Shekhar Sharma is also expected to be declassified from his status as ‘promoter’ of the company, in accordance with public listing rules set out by markets regulator, Securities and Exchange Board of India (Sebi). The proposal, among others, will be put to vote at the company’s extra-ordinary general meeting… Continue reading India: Paytm to issue fresh equity shares worth $1.6b before IPO
Weekly Roundup: PH-based Yield Guild Games raises $4m and other SE Asia deals
Research Yield Guild Games, a Philippines-based online gaming guild that allows players to earn cryptocurrency rewards, has raised $4 million in a Series A funding round led by BITKRAFT Ventures, a gaming, esports, and interactive media-focused venture capital investor. Go to Source
German Manager Magazin: Auto industry ticks off corona crisis, now has to work on supply chains – according to “Global Automotive Outlook 2021” 000883
Crisis, what was there? The car industry had to in 2020 because of the Corona pandemic sometimes make substantial cuts in sales figures and turnover. This year, however, the situation for the auto industry looks pretty good – despite renewed lockdowns at the beginning of the year. Because worldwide vehicle sales this year will increase… Continue reading German Manager Magazin: Auto industry ticks off corona crisis, now has to work on supply chains – according to “Global Automotive Outlook 2021” 000883
Human Horizons Appoints Kevin Zhang as New Chief Digital Officer
In his new role, Kevin will be working alongside founder and CEO, Ding Lei, and the executive team that has grown Human Horizons into a world-class car manufacturer within a few short years. Recently, the company has also welcomed Michael Li as new Co-President and Chairman of Sales and Services, and Co-Founder Kevin Chen has… Continue reading Human Horizons Appoints Kevin Zhang as New Chief Digital Officer
India Yamaha Motor launches new FZ-X at Rs 117,000
India Yamaha Motor has launched the new FZ-X at Rs 116,800 (ex-showroom Delhi), which is based on the standard FZ Series motorcycle. There is also a Bluetooth-equipped variant that costs Rs 120,000, due to its smartphone connectivity. Compared to the FZ, the new FZ-X bears very different styling. This is amply seen in the circular… Continue reading India Yamaha Motor launches new FZ-X at Rs 117,000
Apollo Tyres unveils new brand identity, five-year strategic growth vision
Apollo Tyres today unveiled its new corporate identity and vision – ‘Driving Progress, Together’ – designed to set the strategic growth path for the next five years. As a parent company for both the Apollo Tyres and Vredestein Tyres product brands, Apollo Tyres says it “is committed to bringing together a global community and fostering… Continue reading Apollo Tyres unveils new brand identity, five-year strategic growth vision
@niche: Inside Xos: Flex Manufacturing000970
Some people say they live for cars, but unlike most people, I have literally spent my entire life in the automotive industry. My father was in charge of Volkswagen’s body testing group, and unlike other kids who dream about cool cars, I was surrounded by them — I helped my father investigate squeaks and rattles,… Continue reading @niche: Inside Xos: Flex Manufacturing000970