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Jardine to sell Pininfarina Battista EV hypercar in London after HR Owen switch


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Jardine Motors Group will sell the £2m, 1,900PS Automobili Pininfarina Battista EV hypercar from a new London dealership after the Italian car maker ended its retailer agreement with HR Owen.
A spokesperson for Pininfarina confirmed to AM that its contract with AM100 luxury car retailer HR Owen had ended last year, before sales of its limited-run hypercar had started, and that Jardine had now stepped in to become its London and southern UK retailer.
HR Owen, meanwhile, revealed a franchise agreement with rival EV hypercar manufacturer Rimac seven months after initially signing with Pininfarina.
The Pininfarina spokesman told AM: “Automobili Pininfarina ended its retailer agreement with HR Owen last year and we then set about finding a new partner for the important southern UK area. ....

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Investegate |Jardine Strategic Announcements | Jardine Strategic: 2020 Preliminary Announcement of Results


 
 
·
Underlying net profit attributable to shareholders down 35% to US$1,094 million and underlying earnings per share down 34% to US$1.96
·
Southeast Asian businesses and Mandarin Oriental severely impacted by the pandemic, but resilience in Hongkong Land, Dairy Farm, Jardine Pacific and Jardine Motors
·
Continued investment for the long-term exemplified by US$4.5 billion investment by Hongkong Land in West Bund in Shanghai
2020 has brought major challenges to our teams and businesses, but also demonstrated once again the Group s ability to adapt and thrive as our businesses accelerated the pace at which they adopt technology and embraced digital ways of working.  High levels of uncertainty remain in respect of this year, however, given the continuing impact of the pandemic.  The Group s performance in the first part of 2021 is expected to be affected in particular by the conti ....

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JARDINE MATHESON HOLDINGS LIMITED : J36 Stock Price | BMG507361001


Company
Jardine Matheson Holdings Limited is a holding company with diversified businesses focused principally on Asia. Along with subsidiaries, the Company operates its business through the following segments: Jardine Pacific, Jardine Motors, Jardine Lloyd Thompson, Hongkong Land, Dairy Farm, Mandarin Oriental, Jardine Cycle & Carriage and Astra. The Company and its subsidiaries provide services in the fields of property.  ....

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Investegate |Jardine Matheson Hdg Announcements | Jardine Matheson Hdg: 2020 Preliminary Announcement of Results


 
 
Headlines
·    
Underlying net profit attributable to shareholders down 32% to US$1,085 million and underlying earnings per share down 30% to US$2.95
·    
Southeast Asian businesses and Mandarin Oriental severely impacted by the pandemic, but resilience in Hongkong Land, Dairy Farm, Jardine Pacific and Jardine Motors
·    
Continued investment for the long-term exemplified by US$4.5 billion investment by Hongkong Land in West Bund in Shanghai
·    
Dividend maintained at
US
$1.72 per share for the year, reflecting Board s confidence in long-term strength of underlying businesses and balance sheet
·    
Separate announcement of offer to acquire remaining
c.15
% of Jardine Strategic for US$33 per share in cash
2020 has brought major challenges to our teams and businesses, but also de ....

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BCA's cinch partners with dealers to launch used car subscription service


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BCA’s cinch online car retail platform has partnered with car dealers across the UK to launch a used car subscription offering called cinchCare.
The online rival to the likes of Cazoo and Carzam, launched as a direct-to-consumer car retail platform by BCA Marketplace (now Constellation Automotive) last October, claims to deliver “additional peace of mind” to used car buyers for less than £35-a-month through the new cinchCare service.
The subscription package includes all annual servicing costs, covers all warrantied parts and labour costs, and premium roadside cover and BCA’s chief commercial officer, Craig Purvey, suggested that the service would also “generate valuable additional business” for the business’s car retail partners. ....

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