Millennials drive record Rolls-Royce sales as luxury car firm targets youth January 7, 2020 Rolls-Royce’s high-end, luxury cars may not immediately come to mind as the playthings of the younger generation. But thanks to a concerted push to appeal to younger buyers, the 111-year-old company has managed to bring the average age of its clientele down by 13 years over the last decade to just 43. Read more: Aston [...]
CES 2020: Amazon, Sony and Toyota put mobility centre stage at tech conference January 7, 2020 Amazon signalled a concerted push into the car industry at CES 2020, as it announced a partnership with Lamborghini and other firms working on driverless car tech. It signals the latest move into the mobility sector for one of Silicon Valley’s tech giants, as the internet retailer said it would add its voice assistant Alexa [...]
Arrest warrant for Carlos Ghosn’s wife labelled ‘pathetic’ by spokesperson January 7, 2020 A decision by Japanese prosecutors to issue an arrest warrant for Carole Ghosn, Carlos Ghosn’s wife, has been labelled “pathetic” by a spokesperson for the couple. The ousted boss of Nissan and Renault fled the Japanese legal system for Lebanon at the end of December. Read more: Arrest warrant for Carlos Ghosn’s wife issued in [...]
Elon Musk stripteases at launch of Tesla SUV at new China factory January 7, 2020 Elon Musk left his army of followers hot under the collar this morning, when he posted a video of himself seemingly beginning a striptease on stage at the launch of Tesla’s Model Y in Shanghai. The Tesla boss was at his firm’s new Gigafactory in the city, when he started dancing in front of the [...]
Boeing ‘mulls raising more debt’ as aerospace giant feels the pinch January 6, 2020 Boeing is said to be considering whether to raise more debt to boost its finances, which have come under intense strain from the grounding of its 737 Max jet. The firm has already taken a nearly $10bn (£7.6bn) hit on the 737 Max since the second of two crashes involving the jet happened in March [...]
L’Oreal set to be White City highlight after London move January 6, 2020 Hair and beauty behemoth L’Oreal will move its 1,000 London staff into a mammoth new base in White City, near the former BBC headquarters. The French firm, whose UK employees work out of Hammersmith, will move into a new building at the White City Place development in autumn 2023, when its current lease runs out. [...]
US firm Wiley buys London-based tech education company Mthree for £98m January 6, 2020 London-based tech education firm Mthree has been bought by US multinational John Wiley and Sons, in a deal worth $129m (£98m). Mthree trains up students and professionals looking to go into technology careers, and boasts a revenue of more than $50m. Read more: The top tech predictions for 2020 The company was sold by private [...]
SMMT: UK car sales plunge to six-year low despite electric growth January 6, 2020 British car sales slumped to a six-year low in 2019, as widespread economic uncertainty put the brakes on an industry whose only glimmer of hope came in the form of record electric vehicle sales. New car registrations fell two per cent to 2.31m last year, according to the Society of Motor Manufacturers and Traders (SMMT), [...]
Carlos Ghosn escape: Former Nissan boss ‘took bullet train’ out of Tokyo January 6, 2020 Carlos Ghosn’s escape from Tokyo to Beirut started with a three-hour ride on one of Japan’s famed bullet trains, according to Japanese media. Nippon Television and TV Asahi reported that after strolling out of his rented house, the former Nissan chairman hopped on a bullet train at Shinagawa station in Tokyo at 4.30pm. Read more: Carlos [...]
Revealed: London’s 10 most affordable commuter towns January 6, 2020 As the prices of annual train tickets continue to rise, life just got that bit trickier for those commuting into London every day. But for people living in the Essex town of Grays, it is not all bad, after it was revealed as the as the most affordable London commuter town. Read more: London’s best [...]
