Category: Automotive

Hendy Group continues to grow with Seward Group acquisition

Hendy Group has followed up expansion in its South coast home territory with the acquisition of Hampshire-based Seward Group. Chief executive Paul Hendy said the purchase of the group, which has two dealership locations in Portsmouth and Havant, was a strategic move for the company and consolidates Hendy’s strong position in the area. Seward Group… Continue reading Hendy Group continues to grow with Seward Group acquisition

Yesaway Opens 2 New Thailand Locations

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

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