Tencent, Warburg Lead $215M Series D Round In China’s Mobike

Chinese Internet giant Tencent Holdings Ltd. and Warburg Pincus have led a US$215 million series D funding round in Mobike, a Chinese smart bike-sharing company. New strategic investors including China’s largest travel company Ctrip, TPG, and Chinese hotel operator Huazhu Hotels Group, as well as existing investors Sequoia Capital China and Hillhouse Capital also participated.… Continue reading Tencent, Warburg Lead $215M Series D Round In China’s Mobike

BMW and Daimler let Apple flash off with iCar

Apple is suffering a setback in its expansion into the car market. According to “Handelsblatt” both BMW and Daimler reject a partnership with the IT giant. BMW headquarters in Munich Thursday, 21.04.2016 10:56 The US company Apple apparently failed with his attempt, along with BMW or Daimler to build a car. Appropriate negotiations are over,… Continue reading BMW and Daimler let Apple flash off with iCar

TVR Parts Limited – An update from your No.1 source of genuine parts

While there is ever-increasing excitement about the launch of our new TVR, we are also very conscious of the need to support owners of existing TVRs.

While there is ever-increasing excitement about the launch of our new TVR, we are also very conscious of the need to support owners of existing TVRs.

One of the ways we do this is via the supply of accredited parts for existing models, and we are delighted with the enormous progress TVR Parts Ltd has made over the past couple of years to extend the range and quality of parts available for the TVR community.

The reason behind setting up a single source of supply was so that we could focus on delivering the best choice and prices to existing owners. As each month sees more and more parts coming into stock, it is clear this strategy is really working.

TVR Parts Ltd has already built a huge stock list in order to service as wide a range as possible of TVR models of all ages, and can now offer substantially more parts than any other supplier. As Colin Bowler, MD of TVR Parts Ltd says, “This is just the beginning really. It has been and continues to be quite a treasure-hunt to source so many variations and, where parts no longer exist, we have been working through the original TVR drawings and researching and testing exhaustively to ensure these newly-engineered parts are true to the originals and of sufficient high quality to bring to the market. Our standard two-year warranty on most parts reflects the confidence we have in our quality control.”

Accredited TVR parts are available to purchase online from their website, tvr-parts.com, or you can phone them direct and one of their experienced personnel will be happy to discuss your particular needs or concerns. TVR Car Club members qualify for an immediate 7.5% discount.

Recent additions to stock have included a wide range of Toyo Tyres with the TVR logo, radiators for models including Griffith, Chimaera and Tuscans, windscreens, clutch kits and high specification catalytic converters.

Based in Hampshire, TVR Parts will be moving in the Autumn to new, larger premises in Alton where they will be able to increase the range of stock yet again.

Another exciting development under the reinvigorated TVR Brand!

Andrew Frick

Andrew Frick, who has been with Ford Motor Company for more than two decades, serves as Director of U.S. Sales. He is responsible for all sales, field and distribution related matters for Ford for the U.S. Previously, Frick was Director of U.S. Marketing where he led the implementation of the Ford brand, communications and product… Continue reading Andrew Frick

BVRLA raises rental inspection requirements

The BVRLA Rental Committee has asked the association to broaden and tighten the operating standards that are reviewed as part of its inspection regime. The changes will take effect immediately. The move forms part of a wider initiative to help deliver more value to members and derive better customer outcomes. Other changes include the launch… Continue reading BVRLA raises rental inspection requirements

BVRLA Three-Year Plan unveils major investment 

The BVRLA has published a Three-Year Plan which shows significant investment being made in the association’s infrastructure, research and internal and external expertise to ensure it can address the unprecedented range of challenges facing the sector. Having a better resourced trade association will enable the BVRLA to have stronger industry representation, be a louder voice… Continue reading BVRLA Three-Year Plan unveils major investment 

“Engineered with Daimler Group” DENZA 400 EV Makes Debut in Auto Shanghai

Shanghai, April 19, 2017—The 17th Shanghai International Automobile Industry Exhibition (Auto Shanghai) will be held at the National Exhibition and Convention Center (Shanghai) on April 19-28th, 2017. At the exhibition, Shenzhen DENZA New Energy Automotive Co., Ltd. (DENZA Auto) will debut the DENZA 400 EV at the 4.1 Exhibition Hall. In sync with this debut,… Continue reading “Engineered with Daimler Group” DENZA 400 EV Makes Debut in Auto Shanghai

Lightyear Investor Cafe: this is only the beginning

Martijn Lammers — Co-Founder

We have held our first Investor Cafe.

During this evening we presented our plans to a select group of people from our network. We informed them on what we are doing and what our plans are for the near future. We would like to thank all attendants, especially our ambassadors Camilla van den Boom, Maarten Steinbuch and Ton Backx.

Goals
The goal for this evening was to slowly start putting our mission out in the world and get valuable feedback on our plans & story. Mobilising our network to help us has proved a good strategy to test our plans against a larger group of interested people of various backgrounds. It is extremely motivating to see a growing group of people interested. Their feedback gives us a clear overview of what parts of our plans to focus on. We do this to continuously keep learning and improving.

First investors
Attendants of the investor cafe got the first, exclusive, opportunity to be among the first investors in Lightyear. To..

Doubts about BMW’s Saubermann image

What did BMW know about collusion in the diesel scandal? Internal documents show how actively the Group debated a dosing strategy with Daimler and Audi. The Munich is even attributed a leadership role. BMW CEO Harald Krüger (center) framed by Daimler CEO Dieter Zetsche (left) and VW CEO Matthias Müller (right) Sunday, 30.07.2017 16:13 clock… Continue reading Doubts about BMW’s Saubermann image

Automobili Lamborghini Sets Another Record in 2016

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Turnover increases by 4% to 906 Mio. EuroWorldwide sales grow for sixth consecutive year to 3,457 unitsSustained, profitable growth path evidencedUpcoming Super SUV Urus will double production capacity and creates new jobs Optimistic outlook for the companySant’Agata Bolognese, 15 March 2017 – In Fiscal Year 2016 (31.12.2016), Automobili Lamborghini S.p.A. achieved new historic landmarks. The Italian super sports car brand from Sant’Agata Bolognese increased worldwide sales by seven per cent from 3,245 to 3,457 units. Thus, sales grew for the sixth consecutive year.
Turnover exceeded 900 Mio. Euros for the first time and increased from 872 Mio. Euro to 906 Mio. Euro (+4%). This increase is reflected also in the positive operating result, confirming the solidity of the growth path. In preparation for the market launch of the third model line, the Super SUV Urus, in 2018 Lamborghini continues its strategic investments. The total headcount increased from 1,298 to 1,415 during 2016.
Stefano Domenicali, Chairman and Chief Executive Officer of Automobili Lamborghini comments: “Lamborghini realized another record year and we are once more outperforming our planned figures. In the face of the biggest expansion in our company’s long history, in the build-up of our product portfolio, our development and production capacities, we are introducing fascinating new products, creating new jobs and increasing our profitability. All of this could not have been done without our excellent team that deserves all the credit.”
All major sales regions EMEA (Europe, Middle East, Africa), America and Asia Pacific set new records and contributed to the sales growth. The USA remain the largest single market with 1,250 units sold.
Thanks to the Huracán model the year 2016 has been the most successful yet in Lamborghini’s history for V10 sales. A total of 2,353 units (up from 2,242 in 2015) of the Huracán Coupé and Spyder were delivered to customers. The twelve-cylinder model Aventador increased from 1,003 units in 2015 to 1,104 units in 2016.
In 2016, five new models were launched. The Centenario Coupé and the Centenario Roadster were presented as a limited series in memory of the anniversary of company founder Ferruccio Lamborghini. Other special series included the Huracán Avio and the Aventador Miura Homage, which was conceived in celebration of the fiftieth anniversary of the Miura, the ancestor of all Lamborghini V12 super sports cars. The new Lamborghini Huracán Rear Wheel Drive Spyder was launched to the market at the Los Angeles Auto Show in November. At the end of 2016 the new Aventador S was presented.
Positive and convincing outlook while preparing for a new era​
After a long upturn and extensive strategic preparation for further growth Lamborghini maintains a confident outlook for the current year. Starting from 2018, the Lamborghini SUV Urus will be the third model in Lamborghini’s product range. Delivering additional growth and significant opportunities across the marque, it will also determine a substantial increase in the production capacity of the Sant’ Agata Bolognese factory. The production facilities will increase from 80,000 to 150,000 m2 and the production capacity will double to 7,000 units per year.

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