Top developer Shimao’s share price slump triggers China property concerns

Sharp falls in Shimao Group’s shares and debt, triggered by worries over an asset sale and cancelled apartment deals, renewed concerns on Tuesday over China’s property sector. Shares in Shimao, which was one of China’s top-10 developers last year and investment grade-rated until a month ago, fell a record 20% and the price of its bonds fell heavily,… Continue reading Top developer Shimao’s share price slump triggers China property concerns

New Morgan 3-Wheeler previewed in design sketches

Morgan is preparing for the launch of its next-generation 3-Wheeler. The quirky cult car will make its debut next year, sporting a fresh design language that will carry the torch for the company’s future models. Morgan says none of these sketches preview the new 3-Wheeler’s design alone. Instead, elements of each drawing will be blended… Continue reading New Morgan 3-Wheeler previewed in design sketches

Asia Digest: JP Morgan Global Alternatives, 108 Media strike deals

JP Morgan Global Alternatives has acquired a 50% interest in a Singapore office space while 108 Media has acquired all the assets of the London-based DCD Media Plc worth $6.3 million. JP Morgan Global Alternatives buys 50% in One George Street for $472m JP Morgan Global Alternatives has acquired a 50% interest in One George… Continue reading Asia Digest: JP Morgan Global Alternatives, 108 Media strike deals

New limited edition Morgan Plus 8 GTR unveiled with 375bhp

Morgan has launched a spruced-up, hunkered-down version of the Plus 8, called the GTR. It takes inspiration from the company’s Plus 8 track racers of the 1990s – and it’s the first time the British brand has sold a V8-engined car since the Aero 8 was axed in 2019. Despite looking almost identical to the… Continue reading New limited edition Morgan Plus 8 GTR unveiled with 375bhp

@niche: First Morgan Plus 8 GTR hits the road001486

Die Preise und Beschreibungen sind zum Zeitpunkt der Veröffentlichung korrekt, Änderungen vorbehalten. Alle Bilder dienen lediglich Illustrationszwecken. Die tatsächlichen Details können je nach Markt variieren, Änderungen sind vorbehalten. Einige Fahrzeuge werden mit optionaler Ausstattung angezeigt, die eventuell nicht auf allen Märkten verfügbar ist. Bitte kontaktieren Sie Ihren Morgan-Händler vor Ort, um sich nach der Verfügbarkeit… Continue reading @niche: First Morgan Plus 8 GTR hits the road001486

China Evergrande braces for another debt deadline

After lurching from deadline to deadline, China Evergrande Group is again on the brink of default, with its pessimistic comments condemning its stock to a record low just as direct state involvement raises hope of a managed debt restructuring. Having made three 11th-hour coupon payments in the past two months, Evergrande again faces the end… Continue reading China Evergrande braces for another debt deadline

Bollinger Motors Announces Strategic Partnership With EAVX To Develop All-electric Commercial Trucks – PRNewswire

Bollinger Motors is developing an all-electric platform and chassis cab for various applications in class 3-6 vehicles, offering adaptable battery solutions to accommodate large payloads, sufficient range, and long-life durability. EAVX, a business unit of JB Poindexter & Co, partners with the most advanced electric and alternative power-chassis producers to design, manufacture, distribute, and service… Continue reading Bollinger Motors Announces Strategic Partnership With EAVX To Develop All-electric Commercial Trucks – PRNewswire

@niche: Dec 02, 2021, 10:00 ETBollinger Motors Announces Strategic Partnership With EAVX To Develop All-electric Commercial TrucksBollinger Motors, an all-ele…001469

Bollinger Motors is developing an all-electric platform and chassis cab for various applications in class 3-6 vehicles, offering adaptable battery solutions to accommodate large payloads, sufficient range, and long-life durability. EAVX, a business unit of JB Poindexter & Co, partners with the most advanced electric and alternative power-chassis producers to design, manufacture, distribute, and service… Continue reading @niche: Dec 02, 2021, 10:00 ETBollinger Motors Announces Strategic Partnership With EAVX To Develop All-electric Commercial TrucksBollinger Motors, an all-ele…001469