Tag: Strategy

Hendy buys Seward dealerships in Portsmouth and Havant

South coast automotive group Hendy has bought Hampshire based Seward Group for an undisclosed sum. Chief executive Paul Hendy said the purchase of the group, which has two dealerships in Portsmouth and Havant, was a strategic move for the company and consolidated Hendy’s strong position in the area. “The Portsmouth region is hugely important for… Continue reading Hendy buys Seward dealerships in Portsmouth and Havant

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

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

Volkswagen’s mobile charging station will help solve a key problem with EVs

Volkswagen has an interesting solution to the dilemma of owning an electric vehicle without a permanent place to charge it: they’ll bring the charging station to you. The German automaker offered a glimpse of its new mobile charging strategy last week, which envisions mobile charging units that can be delivered directly to electric cars in… Continue reading Volkswagen’s mobile charging station will help solve a key problem with EVs

Workhorse Group Secures $35 Million in Financing from Marathon Asset Management

Immediate Access to Capital Enables Funding for Existing and Future Purchase Orders, Satisfies Existing Debt Obligations, and Serves as Another Key Step in Workhorse’s Long-Term Capital Strategy CINCINNATI, Jan. 2, 2019 /PRNewswire/ — Workhorse Group Inc. (NASDAQ: WKHS) (“Workhorse”), an American technology company focused on changing the way the world works by providing sustainable and… Continue reading Workhorse Group Secures $35 Million in Financing from Marathon Asset Management

Tencent co-invests $29m in automobile news provider Youche Yihou

January 2, 2019 China’s biggest social media and gaming company Tencent has co-invested RMB200 million ($29.07 million) in automobile news and information provider Youche Yihou, China Money Network reported. Other investors in the new round include China’s venture capital firm Plum Ventures, Ningbo Xinmei Asset Management Co., Shenzhen Oriental Fortune Capital Co. and Blueprint Innovation… Continue reading Tencent co-invests $29m in automobile news provider Youche Yihou

Aston Martin revs up audit hunt months after IPO

Aston Martin Lagonda, the luxury car-maker, has kicked off the search for a new auditor less than three months after making a £4bn stock market debut. Sky News has learnt that Aston Martin, which has seen its shares fall sharply since listing in October, has begun contacting accountancy firms about replacing KPMG in the coming… Continue reading Aston Martin revs up audit hunt months after IPO

The Mini saga takes the wave of the electric

For 60 years, Mini will afford a cure of electrons. Born in 1959, the luxury brand “so British” must present in six months its all-electric version, which it plans to launch at the end of the year. “The triptych, urban, compact and electric makes sense,” says Pierre Jalady, director of Mini France. A good way… Continue reading The Mini saga takes the wave of the electric