According to The Associated Press, a Shanghai court sentenced Wu Xiaohui, the former chairman of Anbang Insurance Group, to 18 years in prison after he pleaded guilty to fraudulently raising billions of dollars from investors. Shanghai’s Intermediate People’s Court ordered the confiscation of 10.5bn yuan (US $1.6bn) in assets from Wu who has been accused [...]

According to Collision Repair Magazine, Fix Auto World held its first Fix Automotive Network (FAN) Conference in Niagara Falls, Canada. Fix Auto has stretched out of the UK to create a more global presence. ‘We have a vision that goes beyond borders. We are not bound by country, but by our mission,’ said Steve Leal, [...]

Data from ContractHireAndLeasing.com shows the three most popular hybrid vehicles in 2018 are made by Asian manufacturers – Hyundai (Ioniq), Kia (Niro) and Toyota (C-HR). Although alternatively fuelled vehicles still account for just 5.6 per cent of the overall new car market, according to the latest figures from the SMMT, registrations of plug-in and hybrid [...]

CARSTAR has announced this year’s Shine Month, taking place in June. The Walk to Make Cystic Fibrosis, happening on 27 May 2018 across Canada will kick off the Shine Month fundraising. This year, thousands of participants across Canada will unite at local community walk sites during cystic fibrosis awareness month. Over 10,000 supporters, including volunteers, [...]

The overall carsharing vehicle scheme is expected to expand from 983,000 in 2017 to 123,700 in 2018, driven by motorists’ desire to use alternative modes of transport, the rise in employee mobility options and environmental concerns. Existing providers of recent mobility solutions like carsharing, ridesharing, ridehailing, on-demand responsive shuttles, and integrated mobility are already scaling [...]