Porsche is shifting its focus beyond horsepower and handling to services like finding nearby parking spots and providing real-time weather data that warn drivers of icy roads . The goal is for so-called digital services to generate at least 10 percent.
Bloomberg) -- KPMG LLP’s South African unit, which has been losing clients because of its involvement with the politically connected Gupta family, appointed nine internal executives to ... Holdings Ltd., Sygnia Asset Management, The Foschini Group.
Last year, the company considered buying luxury carmaker McLaren Technology Group Ltd., people familiar with the discussions told Bloomberg at the time. Apple also had takeover talks with chip designer Imagination Technologies Group Plc, but said last .
At Hagerty, which insures and tracks the investment and collector car market, the number of Lancia vehicles quoted is up 300 percent in the last three years. The world record for one sold at auction was set in May at the RM Sotheby's Villa Erba Sale.
Motoring-racing patriarch Ron Dennis stood down as chief executive officer and chairman of McLaren Technology Group, saying rival investors had forced him out of the Formula 1 team turned supercar maker. ... be leading a plan to sell MTG to a Chinese.
Dennis, 70, said after losing the CEO role at McLaren Technology in November that the grounds for his removal were “entirely spurious” and came after clashes with Mumtalakat and TAG over his views on outside investment and the future of the business.
Centaurus Alumni Start Hedge Fund Under Whalley, Reuters Says (Bloomberg) Lawrence “Greg” Whalley ... Closes Credit Fund (Valuewalk) Karsch Capital Management, is an alternative asset manager, founded by Michael Karsch. The firm’s 2.3 billion in.
Even with help, a future with only electric vehicles poses a challenge for automakers like Aston Martin, McLaren Automotive Ltd. and Morgan Motor Co. as cars like the Aston Martin DB11 would lose the characteristic growl of their engines, a key selling.
Made in Temecula, Calif., the Callaway Corvette Aerowagen combines the best of a lot of worlds in a strikingly unusual frame. The hatchback rear will fit three large golf bags, and a 757-horsepower V8 engine is under the hood. It can hit 60 mph in 2.7 .
McLaren 570S Spider. Photographer: Chris J. Ratcliffe/ Bloomberg . The supercar maker is pushing to deliver 4,500 cars a year by 2022, with at least half those cars featuring hybrid powertrains. The investment needed to develop the technology will strain.
“None of us in the markets yet know what's fake and what's real,” said Bruce Richards, who runs distressed-debt investor Marathon Asset Management . Even though the burst of delight about Trump that fueled the U.S. stock market is coming to an end, he.
Chen says his former business associate falsified his financial reports and lied about how much he spent on property deals, before using the spoils to buy a 1998 McLaren F1 and a 1963 Ferrari 250 GTO Berlinetta. He is asking a judge in the British.
Keppel Corporation Limited (OTCPK:KPELF) Q1 2017 Earnings Conference Call April 20, 2017 5:30 AM ET Executives Loh Chin Hua - Chief ... predictable income from our REITs & business trust, asset management, infrastructure services and operations.
While falling battery costs and rising utility fees have made it possible for savings in high-cost states such as California and New York, the study shows that storing energy can be a profitable investment for at least a million commercial consumers in.