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Start-up carmakers are better able to compete with large established players thanks to advances in virtual engineering and the prevalence of consulting firms that specialize in software and IT systems, like Germany’s Ferchau Engineering and Italy’s Danisi Engineering. Automobili Pininfarina is testing the effectiveness of its advanced driver assistance systems (ADAS) virtually, using a driving simulator program provided by Modena-based Danisi, drastically cutting down development and fine-tuning costs.

“You do 80 percent of chassis development this way and reduce development time by six to eight months, The rest is validation and fine sterling silver shield cufflinks tuning,” Automobili Pininfarina’s chief product officer Paolo Dellacha said, Before joining the start-up carmaker, Dellacha held various testing and engineering roles at Ferrari, Maserati and Alfa Romeo, Meanwhile Daimler’s AMG Project One, launched in September 2017, with 1,000 horsepower and a top speed exceeding 350 km an hour, will not reach customers until next year..

MONTREAL/SINGAPORE/SHANGHAI (Reuters) - Gulfstream Aerospace and Bombardier are trotting out their longest-range business jets at an Asian air show this week, as they compete for orders from China’s growing elite, despite the country’s slowing economy. The Asian Business Aviation Conference & Exhibition, (ABACE) opens Tuesday in Shanghai under a cloud of economic uncertainty, amid slowing Chinese growth, the U.S.-China trade dispute, and Beijing’s crackdown on debt risks that has led funding to dry up in certain industries, brokers said.

“The biggest factor that impacted the business jet market was pessimism and uncertainty which stalled purchase intentions or forced those marginal owners to reconsider keeping their business jets,” said Jeffrey Lowe, managing director of Hong Kong-based Asian Sky Group, Still, Canada’s Bombardier sees its new sterling silver shield cufflinks $73 million Global 7500 business jet making inroads in Greater China against market leader Gulfstream’s $65 million-plus G650 family, The plane and train maker said on Sunday it secured firm orders for four Global 7500 planes that were converted from options taken by Hong Kong-based business jet management company HK Bellawings in 2018..

Greater China’s number of billionaires has been growing yearly by 10 percent over the past three years, and the Global 7500’s long range will help to “seize market share and to withstand any economic uncertainty in the region,” said Bombardier Business Aircraft President David Coleal by email. Both Gulfstream’s 650ER and the Global 7500 connect far-flung cities like New York and Tokyo, an allure for elite Asian buyers who want to fly non-stop to Western hubs. “You don’t need a G7500 to fly three or four hours. But when you do need (longer) range you can use this jet,” said Thomas Flohr, founder and chairman of Vista Global and a Global 7500 customer.

Gulfstream, a division of General Dynamics, which brought its large-cabin sterling silver shield cufflinks G500 jet into service last year, delivered 68 new corporate aircraft between 2015 and 2018 in the region, more than double the 32 planes delivered by its Canadian competitor, according to Asian Sky, On Monday, Gulfstream announced the sale of a G650 to Chinese manufacturing and metal distribution company Jiachen Group, Gulfstream President Mark Burns said by email the U.S, company is seeing more optimism in the region and is “starting to see more activity as trade talks appear to be progressing and becoming more specific.”..

The Asia Pacific region, nevertheless, accounted for only about 8 percent of the 3,478 business jets delivered globally over the last five years, compared with 2,122 jets delivered to North America, according to Cirium Fleets Analyzer data. And the number of Chinese-owned second-hand business jets sold outside the country rose to 20 in 2018, compared with an annual average of 10 from 2014 to 2017, according to the Cirium data. Jackie Wu, president of JetSolution Aviation Group, said weaker business jet sales have prompted her Hong Kong company to launch its first charter service using the supermidsized Embraer Legacy 600.

SHANGHAI (Reuters) - Volkswagen is pushing its joint venture partners including SK Innovation (SKI) to build electric car battery plants which have at least one Gigawatt manufacturing capacity, Chief Executive Herbert Diess told Reuters, “Anything below that amount would make little sense,” Diess said on the sidelines of the Shanghai Auto Show on Sunday, Volkswagen will buy 50 billion euros ($56.57 billion) worth of battery cells for electric sterling silver shield cufflinks cars and has identified South Korea’s SKI, LG Chem and Samsung SDI as strategic battery cell suppliers as well as China’s Contemporary Amperex Technology Co Ltd (CATL)..



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