Ecommerce 

Online used car dealer Renrenche said to cut 60 per cent of staff as China’s tech boom cools amid trade war

Renrenche, the Chinese online second-hand car dealer backed by Tencent and ride-hailing giant Didi Chuxing, is undergoing major job cuts as the country’s once booming tech sector continues to be hit by a macro economic slowdown.The lay-offs – the Beijing-based start-up’s second round of cuts this year – could see a reduction of up to 60 per cent of total staff, reported online news portal Sina.com, citing a dismissed employee who was told about the overall plan at a meeting with the human… Source link

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Singapore 

Man arrested for drink driving, traffic offences after police car chase from PIE to Geylang Bahru, Singapore News

SINGAPORE – A man was pursued by police officers and subsequently arrested for drink driving and traffic-related offences on Wednesday (June 19). A traffic police officer spotted a car driving dangerously along the Pan Island Expressway towards Tuas, before the Eunos exit, at 12.06am on Wednesday. The driver, a 38-year-old man, refused to comply with the officer’s instruction to stop his vehicle. The police gave chase and during their pursuit, an accident involving the man’s car occurred in Geylang Bahru towards Bendemeer Road. The man was conscious when taken to…

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Home 

Tesla’s Chinese challenger Xiaopeng rolls out 10,000th SUV as electric vehicles chip away at China’s car market

The 10,000th electric vehicle bearing the stylised X logo of Guangzhou Xiaopeng Motors Technology rolled off the production line in Zhengzhou city today, a major milestone for the start-up that began deliveries in December.The white Xpeng G3 that emerged from the finishing shop at Xiaopeng’s contract manufacturer Haima Automobile Group – code-named “David” – is an all-electric sports-utility vehicle slightly smaller than Tesla’s Model X midsize SUV, with a certified range of 365 kilometres on a… Source link

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Singapore 

Pedestrian thumps on driver’s car bonnet with his fist along Scotts Road, Singapore News

A pedestrian thumped on Stomp contributor BB’s car bonnet with his fist while crossing the road for apparently no rhyme or reason at all. BB told Stomp that the incident occurred along Scotts Road, near the T Galleria By DFS building and Royal Plaza on Scotts, on Sunday (June 16), at around 12.14pm. BB recounted: “I was behind a taxi and positioned my car accordingly when I saw that the taxi was about to move. “A road bully walked by and suddenly slammed my car.” BB said that the incident…

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Singapore 

Falling tree branch pierces through car windscreen and injures man in Geylang, Singapore News

SINGAPORE – A man was hurt when a tree branch fell through his windscreen at a carpark on Saturday morning (June 15). The victim, a man in his 50s, was looking for a parking space near Block 119 Aljunied Avenue 2 in Geylang when the incident occurred. His friend, Mr Chen, 50, told Chinese-language daily Lianhe Wanbao that the driver heard a loud “bang” as a long branch pierced through the windscreen and fell directly into his seat. Mr Chen told Wanbao that his friend, who was unable to avoid…

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Singapore 

Mercedes car bursts into flames at Sin Ming Avenue carpark, Singapore News

SINGAPORE – A silver Mercedes-Benz parked at a Housing Board carpark in Sin Ming Avenue burst into flames on Thursday night (June 13), taking residents by surprise. The Singapore Civil Defence Force said it was alerted to a vehicle fire near Block 404 Sin Ming Avenue at 10.20pm. SCDF officers extinguished the fire using a hose reel and a water jet. There were no reported injuries. A 20-year-old resident, who wanted to be known only as Jasia, told The Straits Times that she was talking to her mother in her…

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China 

Guangdong’s move to ease limits, boost China’s car sales met with scepticism by analysts and residents

Plans by China’s most prosperous province of Guangdong to ease restrictions on car sales in a bid to boost domestic consumption have been met with scepticism by analysts and residents due to a perceived reluctance by consumers to spend due to uncertainties over the economic outlook.The southern province that is home to much of China’s export and hi-tech manufacturing will increase the annual car sales quota by 100,000 in the provincial capital of Guangzhou and by 80,000 in the southern… Source link

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Singapore 

Car crashes into Geylang eatery, passers-by scramble to help trapped woman, Singapore News

SINGAPORE – A 26-year-old driver lost control of her car along Geylang Road on Sunday (June 2), before mounting the kerb and crashing into an Indian-Muslim eatery. Fortunately, several patrons of ABC Bistro, a 23-hour restaurant at the junction of Geylang Road and Lorong 10 Geylang, managed to escape unhurt. The police said they were alerted to the accident involving a car in Geylang Road, in the direction of Kallang Road, at about 2pm. The 26-year-old woman was conscious when taken to Tan Tock Seng Hospital, police added. The Straits…

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Home 

More Chinese cities set to join Guangzhou and Shenzhen in increasing car ownership quotas to lift declining sales

China’s local governments are taking steps to boost car sales that have fallen for 10 consecutive months through April by increasing the annual quota of new licence plates in some of the mainland’s biggest cities that are plagued by traffic congestion.Guangzhou and Shenzhen in the southern Guangdong province announced last week that they will increase the supply of licence plates in the two cities by at least 42 per cent through 2020, a move Jefferies Financial Group said was unexpected because… Source link

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Home 

Car maker Infiniti to move headquarters from Hong Kong to Japan to be nearer parent Nissan as it pursues electric, autonomous vehicles

Infiniti Motor, the premium arm of Japanese carmaker Nissan Motor, will relocate its global headquarters from Hong Kong to Yokohama to be closer to its parent company next year, it announced on Wednesday.The relocation will enhance its shift towards electric and autonomous vehicles and further integrate the company with the “global design and manufacturing functions” of Nissan, which is headquartered in the Japanese city, Infiniti said in a statement.Infiniti is one of very few foreign… Source link

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