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China’s Used Car Deals Speed Up As Didi Chuxing Invests $200M In Renrenche.com

Didi Chuxing has bought US$200 million worth of shares in Beijing-based second-hand car marketplace Renrenche.com in a strategic investment, marking the latest investment deal in China’s fast moving online used-car market, according to Didi’s announcement. The funding is a boost for Renrenche, as its three top competitors have each raised money recently. Uxin Group, Guazi.com… Continue reading China’s Used Car Deals Speed Up As Didi Chuxing Invests $200M In Renrenche.com

Chinese Bike Rental Firm Youon’s Subsidiary Raises $123M From Ant Financial And Others

Chinese bike rental company Youon Bike said one of its subsidiaries has agreed to raise RMB810 million (US$123 million) from eight investors including a unit of Ant Financial. The proceeds will be used to finance its wholly-owned subsidiary Jiangsu Yonganxing Low Carbon Technology Co. to further expand in the GPS-powered station-less bike sharing operations, according… Continue reading Chinese Bike Rental Firm Youon’s Subsidiary Raises $123M From Ant Financial And Others

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
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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

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

Mobike’s First Day Explains The Power Of Bike Sharing In China

Whenever I see a small company having a startling large impact on the world, I look for an engine. I look for something that is amplifying what a relatively small number of people are doing. For example, the engine that rocketed Facebook (and Wechat) upwards was the economics and psychology of social media (plus viral… Continue reading Mobike’s First Day Explains The Power Of Bike Sharing In China

The Auto Jobs Boomlet

September 1, 2017, 11:22 AM EDT

Wed 30 Aug 2017 Detroit Electric to reveal future model development plans at LCV2017UK-based electric vehicle start-up, Detroit Electric, will outlin…

EV manufacturer will make debut at UK’s leading low carbon vehicle event British-based company will share future model plans Attendance is start of major recruitment strategy for EV engineering talent Staffing drive is enabled by US$1.8 billion dollar joint venture deal Leamington Spa, UK, 30 August 2017 – UK-based electric vehicle start-up, Detroit Electric, will… Continue reading Wed 30 Aug 2017 Detroit Electric to reveal future model development plans at LCV2017UK-based electric vehicle start-up, Detroit Electric, will outlin…

Bike Sharing As Ad Platform Is Here: Mobike Partners With Disney To Promote Sales

The much anticipated use of shared bikes as advertising platforms is here: Mobike has partnered with Shanghai Disney to promote deals at the amusement park’s official store in the city. As part of the agreement, the Shanghai-based bike sharing pioneer, valued at US$2 billion, has placed a small number of Micky and Minnie Mouse-themed bikes… Continue reading Bike Sharing As Ad Platform Is Here: Mobike Partners With Disney To Promote Sales

Customers invited to design D90 vehicle

SAIC Maxus launched its first custom D90 Internet SUV on Aug 8. The model is designed and produced in line with the customer to business (C2B) model. SUV D90 received worldwide attention not just for breaking the joint venture brand monopoly in the SUV market but also for offering customers a role in the development,… Continue reading Customers invited to design D90 vehicle