Niigata rice fair at Jiuguang in Shanghai

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NIIGATA, JAPAN – Media OutReach – 9 January 2020
– Niigata Prefecture and Niigata City, in collaboration with JETRO Niigata,
will hold a fair featuring rice produced in Niigata Prefecture at Jiuguang
department store in Shanghai.

In the Chinese market, food safety awareness
has been increasing along with the economic growth. Among Japanese food
products that are in high demand, rice
grown in Niigata Prefecture
, an area that boasts the highest production volume and quality of rice in Japan, is particularly
popular.

To respond to the needs, Niigata Prefecture of
Japan will hold an event featuring rice produced in Niigata Prefecture for
seven days from January 15 through 21, 2020 in the basement floor at Jiuguang
department store in Shanghai. For the
first time in about nine years
, a Niigata rice fair will be held at a
department store in China. This also marks the
first event
since Niigata rice export was resumed in November 2018.

Jiuguang is one of the most luxurious
department stores in Shanghai and is known for always being thronged with many
customers. As the event coincides with the busy season before Chinese New Year,
huge visitor turnout is expected. Niigata rice will be on sale and visitors will also have an opportunity to sample delicious rice.

[Sampling and sale]


Date/time: 10:00 – 18:00, January 15 – 21, 2020 (Rice sampling available irregularly)


Place: Basement, Jiuguang department store, NO.1618 Nanjing West Road, Shanghai


Event: Sale of Niigata rice 

Nestlé hands DHL Supply Chain contract to manage entire warehousing operations in Myanmar

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  • Nestlé operations is located in DHL’s first
    multi-user warehouse in the country, located in Dagon Seikkan Industrial Zone
    in Yangon – accounts for more than 60% of total available warehousing space
  • This is an extension of a longstanding partnership
    between both companies, that has spanned over two decades in the region

YANGON, MYANMAR – Media OutReach – 9 January 2020 – Nestlé, the
world’s largest food company has appointed DHL Supply Chain (DHL), the global
market leader for contract logistics solutions, to manage warehousing
operations for its food products in Myanmar, which include household brands
such as Coffee mate®, MILO® and Nescafé®.

Mr. Kevin Burrell, CEO of DHL Supply Chain Thailand Cluster (Left) and Mr. Terry Ryan, CEO of DHL Supply Chain Asia Pacific (2nd to Left) hand the first invoice to Mr. Victor Seah, CEO of Nestlé Indochina (2nd to Right) and Mr. Stephen Knight, Country Manager of Nestlé Myanmar (Right) to mark the partnership between Nestlé Myanmar Trading Ltd. and DHL Supply Chain Myanmar at DHL Supply Chain Myanmar, Dagon Seikkan Warehouse, Yangon.

Total operations for Nestlé products spans 4,000 sqm, which accounts for more
than 60% of total warehouse space in DHL’s first multi-user warehouse in the
country. The recently-unveiled warehouse is conveniently located next to Nestlé’s
new manufacturing facility, situated in Dagon Seikkan Industrial Zone in
Yangon, the country’s trade and commerce epicenter.

Kevin Burrell, CEO DHL Supply Chain,
Thailand Cluster (Thailand, Vietnam, Myanmar and Cambodia) said, “Myanmar is an
exciting market to be in, and we have been very successful in ensuring that our
capabilities are customized to meet our customers’ needs, enabling them to grow
their business footprint here. As the country shapes up to be a bigger player
in intra-regional trade, and with the local economy projected to grow by more than 6 per cent next year, we can expect more
investment from various international players, who will need our expert local
knowledge and executional excellence to optimize their supply chain.”

“We are committed to continue
investing in Myanmar’s food and beverage industry, in order to deliver
nutritious, high quality and safe products to local consumers under great
brands such as Nescafe, Milo, Bear Brand, and Cerelac.  With a wide portfolio
of food & beverage products for different consumer segments, it is a top
priority that we partner a logistics provider who not only understands our
strict adherence to the highest standard of food safety and storage, but can
also deploy an array of strategic warehousing options to ensure our products
are kept in the best conditions, in order to deliver a seamless customer
experience,” said Victor Seah, Chairman and CEO Nestlé Indochina.

 

Well-connected by land transport and in close
proximity to the downtown area, the warehouse runs on a fully integrated
warehouse management system that can monitor Nestlé’s inventory, in real time. It is also outfitted with eight
loading docks and raised floors, as well as round-the-clock surveillance
cameras, to ensure operational efficiency.

 

In addition to this new collaboration and the longstanding
partnership that has spanned more than two decades, DHL Supply Chain is also
managing Nestlé’s warehouses and supply chain operations in other parts of Asia
Pacific such as Australia, India, Malaysia, New Zealand, Taiwan, Thailand and Vietnam.

DHL – The logistics company for the world

DHL is the
leading global brand in the logistics industry. Our DHL family of divisions
offer an unrivalled portfolio of logistics services ranging from national and
international parcel delivery, e-commerce shipping and fulfillment solutions,
international express, road, air and ocean transport to industrial supply chain
management. With about 380,000 employees in more than 220 countries and
territories worldwide, DHL connects people and businesses securely and
reliably, enabling global trade flows. With specialized solutions for growth
markets and industries including technology, life sciences and healthcare,
energy, automotive and retail, a proven commitment to corporate responsibility
and an unrivalled presence in developing markets, DHL is decisively positioned
as “The logistics company for the world”.

 

DHL is part of Deutsche Post DHL Group. The Group
generated revenues of more than 61 billion euros in 2018.

The Land of Peace and Charity: The First Harmony & Synergy & World Peace International Forum in 2020 will Come on Stage in Taiwan this September

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TAIPEI, TAIWAN – Media
OutReach
 – 9 January 2020 – “Taiwan
never absent towards international public welfare and charity, we have earned world-wide
reputation and our friends from all over the world are all pleased to know
Taiwan, appreciate Taiwan, and honors global NGOs in Taiwan.” said William Liu
(劉昶緯), founder of “Long Hsiung
Economic Development Foundation”
and “Harmony & Synergy Culture
Party”
, who will host “The First Harmony & Synergy & World Peace
International Forum in 2020”
in September, honoring philanthropists from
all over the world in the name of ‘Peace’.

 

Long Hsiung
Economic Development Foundation
is hosting First Harmony
& Synergy & World Peace International Forum in 2020
in
September 2020.
The First Harmony & Synergy & World
Peace International Forum in 2020
will
feature
Millennium
Gall Wood Panda
as spokesperson to promote world
peace. William Liu (Founder of the Foundation)  and 
Millennium
Gall Wood Panda
(Photo Credit: Long Hsiung Economic Development
Foundation)

 

“The establishment of world peace
requires a common spiritual language and a connected cultural brand as the
baton of inheritance.” William Liu (劉昶緯) pointed
out the foundation is entering its fourth year, there are so many things he has
done that he can’t remember, but he will carry on, keep moving forward, so to
help more people and fulfilling their dreams.

“There is also a hidden event in the
forum this year.” William Liu (劉昶緯) gave a
smile and told us it needs to keep as secret at this stage, but here’s the
clue: “We will showcase this ‘Millennium Gall Wood Panda’ as the main show,
it’s from our foundation’s exclusive collection, this will definitely delight
our guests.”

At this very moment, the selection
process for the awards is ongoing. According to William Liu (劉昶緯), they are expecting to deliver the
winning list and invitations in Spring, so the winners from around the world
can arrange their trip with a handful of time.

More information of “First
Harmony & Synergy & World Peace International Forum in 2020”
will
be announced successively, so stay tuned for first-hand news with the Storm
Media Group
. For more information about the organizer, please refer to the “Long
Hsiung Economic Development Foundation”
website: http://www.longhsiung.org.tw/

Li Bao Ge Acquires Sun Kau Kee to Venture into Shanghai Market; Enters into Framework Cooperation Agreement with Freshippo

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To Drive Cross-Regional O2O Development

 

HONG KONG, CHINA – Media
OutReach
 – 9 January 2020 – Li Bao Ge Group
Limited
(“Li Bao Ge” or the “Company”; stock code: 1869) today announces
its acquisition of a 70% stake in Yaoliang
(Shanghai) Food Co., Ltd.
(“Yaoliang”), the brand owner and operator of Shanghai Sun Kau Kee (“SKK”) at a
consideration of RMB22.4 million. The acquisition is in line with the Company’s
strategy of exploring opportunities in China’s “new retail” light-meal
delivery market through an asset-light business model. Concurrently, the
Company enters into a framework cooperation agreement with Shanghai Freshippo Network Technology Co., Ltd. (“Freshippo”) to deepen the cooperation
and accelerate the pace of store opening.

 

Pursuant to the acquisition agreement, Li Bao Ge will acquire a total
of 32 SKK in-store counters opened in Freshippo stores. SKK is specialized in cooked food with roast duck as its signature product. It is
one of the leaders in the roast meat (“Siu Mei”) industry in Shanghai, China.
Through this acquisition, Li Bao Ge will expand the presence of its in-store
counters in Freshippo from Hong Kong and cities in the Greater Bay Area such as
Shenzhen and Guangzhou, to Shanghai, where the consumer purchasing power is
strong. Furthermore, pursuant to the framework cooperation agreement, Li Bao Ge
will open in-store counters at Freshippo stores and will offer Cantonese-style
soup, dim sum, dessert, as well as other specialties such as festive
delicacies. Taking advantage of Freshippo’s comprehensive online-to-offline
(“O2O”) platform and technical support, including its marketing initiatives,
online sales resources, delivery service and potential customers, Li Bao Ge will
be empowered to further expand its businesses in Mainland China.

 

“We are actively exploring opportunities in the light meal delivery
market, developing from a restaurateur to a multi-channel operator covering
eat-in, takeaway and retail. SKK expands its market with a new retail mindset,
which is in line with Li Bao Ge’s development strategy. With the existing
network of SKK and the proper use of Freshippo’s brand awareness and high traffic,
we believe that the ‘Sun Kau Kee’ brand will work in synergy with the Company’s original ‘Li Bao
Ge’ brand, which is conducive to the Company’s penetration in eastern China
with Shanghai as the center. It will also help us to continue exploring China’s
fast-growing food delivery and takeaway market through our new retail model, so
as to further improve our profitability. In addition, since the size of the
Company’s new in-store counters are significantly smaller than its customary
high-end Cantonese restaurants, the investment cost will be considerably
lowered. This will enable the Company to transform into a less
capital-intensive business model,” said Li
Bao Ge Chairman Chan Chun Kit.

 

Presently, Li Bao Ge operates eight mid-to-high-end Cantonese
restaurants in Hong Kong and Shenzhen. Its revenue is mainly derived from
banquets. The Company has recently announced a cooperation with Freshippo to
jointly explore new retail opportunities in the catering market, and plans to
set up no less than 10 in-store counters (under the brands “Li Bao Ge” and “Sun
Kau Kee” ) at Freshippo’s stores in Shanghai before 31 December 2020. After the
acquisition of SKK, the target number
of Li Bao Ge stores in Mainland China will increase significantly to a total of
more than 60 by the end of 2020, laying a solid foundation for the Company to
tap into a consumer base with high spending
power.

 

Upon completion of the acquisition, SKK’s existing management team will
stay in place. Leveraging SKK’s existing platform and accumulated experience in
new retail, the Company can further expand the eastern China market. The
Company can also apply the experience of its new retail model to the Greater
Bay Area to speed up its expansion in the area.

 

By strengthening the cooperation with Freshippo, Li Bao Ge will benefit
from more diversified revenue streams from O2O sales. The Company will
gradually transform from a conventional banquet dining operator to a light meal
delivery industry player, and will also explore the opportunities for the
retailing of packaged food to accelerate the pace of expansion and enhance
profitability.

 

“We appreciate Li Bao Ge’s dedication to catering. Li Bao Ge is a
leading brand in Cantonese cuisine rooted in Hong Kong with famous Hong
Kong-style Siu Mei. We firmly believe that our alliance can strengthen the
foundation of the ‘Sun Kau Kee’ brand and ‘Li Bao Ge’ brand in the catering
industry, and make full use of our potential in the field of new retail to push
the business to new heights,” said SKK
Founder and President Luo Lu
.

 

SKK is a brand under Yaoliang and has extensive new retail experience.
It has maintained steady business development and has 32 stores as of 9 January
2020.

 

Mr. Hou Yi, President of
Freshippo
, said,
“Freshippo is committed to improving the shopping experience for
consumers. The further cooperation with Li Bao Ge will definitely bring a
better shopping experience to consumers.”

 

Freshippo is the new retail flagship under Alibaba Group. With fresh
foods as its main attraction, its physical retail stores focus on enhancing
customer experience, while delivery speed is the strong suit of its online
business. It has built a comprehensive commercial channel comprising
“fresh food supermarket + catering + App e-commerce + logistics,”
with a quick delivery cold-chain distribution system that guarantees deliveries
as quick as 30 minutes within a radius of three kilometers. As of 30 September
2019, there were 170 self-operated Freshippo stores in China.

 

About Li Bao Ge Group Limited (Stock code: 1869)

Li Bao Ge Group Limited is a Chinese restaurant group recognised for
delivering Cantonese cuisine and Chinese banquet and dining services. The Group
operated five full-service restaurants in Hong Kong and three full-service
restaurants in Shenzhen in order to provide
Cantonese cuisine under the brand name of “Star of Canton (利寶閣)”. The Group also
opened a Jingchuanhu cuisine restaurant in Hong Kong under a new brand name of “Beijing House (京香閣)” and established a Thai Restaurant, namely “La Maison D’Elephant (象屋)” in Shenzhen. All of the Group’s restaurants are strategically
situated in landmark shopping arcades or commercial complexes at prime
locations. The Group maintains a business philosophy of offering quality food
and services at reasonable prices under an elegant and comfortable dining environment.
The Group wishes to diversify its restaurant business and customer base as well
as to expand its market share in the PRC.

 

Issued by
Cornerstones Communications Ltd. on behalf of Li Bao Ge Group Limited.

LaLiga surpasses 100 million followers on social media

LaLiga has increased its total number of followers on social media 25-fold since 2013 and now has profiles on 12 different platforms publishing content in over 15 languages. 

Digital strategy has become a key tool in the internationalization of LaLiga and its clubs.

Madrid, 9th January 2020.- LaLiga has reached another high-profile milestone, passing 100 million followers across all its social media platforms. Over six years’ work has seen the organization consolidate its presence on 12 different social media platforms, producing content in over 15 languages.

“Passing this digital milestone is an achievement which should be framed within LaLiga’s wide-reaching international growth strategy. We’ve gone from having 3.9 million followers at the end of the 2013/14 season to over 100 million today, a record figure reached with an average of 47,000 new followers per day,” says Alfredo Bermejo, Digital Strategy Director at LaLiga. 

LaLiga currently has 22 profiles on 12 different social media platforms: Facebook; Twitter (LaLiga, LaLigaEN, LaLigaArab, LaLigaBRA, LaLigaFRA, LaLigaJP, LaLigaID, LaLigaTH, LaLigaSports, eSportsLaLiga, LaLiga Foundation); Instagram; YouTube; TikTok; four platforms in China (Weibo, WeChat, Douyin, Toutiao); two platforms in Russia (OK, VK); and Line (in three countries: Japan, Thailand and Indonesia). Notably, LaLiga is the first football league in the world to reach 5 million subscribers on its YouTube channel.

LaLiga’s audience is, as its social media channels, global and spread across the world. Spain registers the most amount of followers (around 7 million) but high concentrations of followers are found all over the world, including in Indonesia (more than 5.2 million followers); India (more than 5.1 million followers); Mexico (more than 5 million); Brazil (more than 4.7 million); and China & Egypt (more than 4 million.)

LaLiga engages with this global audience in over 15 languages, including English, Arabic, Chinese, French, Japanese, Portuguese, Turkish, Russian, Hindi, Bengali, Bahasa Indonesia, Thai, Danish, Vietnamese, Pidgin English, Swahili, Wolof, Lingala and Hebrew besides Spanish.

  1. LaLiga begins to develop its digital strategy in 2013 following the arrival of Javier Tebas as president.
  2. Reaches one million followers on Twitter (February 2015).
  3. Opens its first profile on the Russian social media platform VKontakte (February 2018).
  4. Overtakes the Premier League on Facebook (May 2018).
  5. Reaches an agreement with Facebook to live broadcast all matches on the Indian subcontinent (August 2018).
  6. Overtakes the NBA on Facebook (November 2018).
  7. Launches an eSports-specific profile on Twitter (March 2019).
  8. Growth on South Asian social media with the launch of Line and Twitter profiles (March 2019).
  9. Launches the most multitudinous TikTok challenge in Spain, involving over 50 million users across the world (August 2019).
  10. Reaches a million followers on Chinese social media platform Douyin (November 2019).
  11. Passes 100 million social media followers (January 2020).

Currently, over 25 people from 10 different countries make up the social media team based at LaLiga’s headquarters in Spain. In addition, many more based around the world collaborate on international projects to increase the visibility of the organisation and its social media platforms, among them the 45 LaLiga Global Network delegates, the International Development team and those spread across its nine international offices.

“This success is without doubt down to the team behind LaLiga’s social media channels and to the departments that support their growth,” explains Bermejo. “They have known how to adapt to our followers’ interests and needs to offer them engaging, quality content, which has in turn strongly positioned LaLiga both nationally and internationally.” The use of social media has thus become a key component in LaLiga’s internationalization strategy and that of its clubs.

Mercedes-Benz Achieves Increased Unit Sales For Ninth Consecutive Year And Remains Number One Among Luxury Car Brands

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  • Mercedes-Benz delivered 2,339,562 cars last year, achieving the highest annual sales volume in the company’s history (+1.3%) in a challenging environment for the automotive industry.

Mercedes-Benz Cars handed over to customers 2,456,343 cars of the Mercedes-Benz and smart brands in 2019 – a new record for a full year (+0.7%).

By surpassing for the first time the milestone of 600,000 passenger cars sold from October to December 2019, Mercedes-Benz completed the best quarter of all times in terms of sales (614,319 units, +3.2%).

Since 2016, Mercedes-Benz has been the number one among the luxury car brands and was able to confirm this position once again last year.

In all three of its main markets – China, Germany and the USA – the Stuttgart-based brand with the three-pointed star was able to increase its unit sales compared with the high prior-year basis. As the largest market, China remains the main driver with a 6.2% sales increase and a new record year.

“The ninth consecutive record year underscores once more the strong demand for Mercedes-Benz vehicles, even amidst far-reaching changes in the mobility landscape. In addition, Mercedes-Benz continues to be clearly the number one in the luxury market –this proves how valuable our brand is,” said Ola Källenius, Chairman of the Board of Management of Daimler AG and Mercedes-Benz AG.

Stuttgart. 2019 was the ninth consecutive record year for Mercedes-Benz, with the growth of 1.3% to a total of 2,339,562 units delivered worldwide. At the same time, Mercedes-Benz maintained its leading position among the luxury car brands for the fourth year in a row. In all three of its main markets – China, Germany and the USA – the Stuttgart-based brand with the three-pointed star surpassed the high levels of the previous year. China, Mercedes-Benz’s largest market, remained the main growth driver, with sales of 693,443 units representing an increase of 6.2% and a new record year. Last year’s model offensive with a total of more than ten new or revised models led to a significant boost in unit sales, particularly of Compact Cars and SUVs, and contributed to the overall sales growth.

In full-year 2019, Mercedes-Benz maintained its market leadership in the luxury segment in markets including Germany, Great Britain, France, Spain, Belgium, Switzerland, Poland, Portugal, South Korea, Japan, Australia, Thailand, Vietnam, Singapore, Canada and South Africa.

Ola Källenius, Chairman of the Board of Management of Daimler AG and Mercedes-Benz AG: “The ninth consecutive record year underscores once more the strong demand for Mercedes-Benz vehicles, even amidst far-reaching changes in the mobility landscape. In addition, Mercedes-Benz continues to be clearly the number one in the luxury market – this proves how valuable our brand is. 2019 was a year of great challenges for the automotive industry. The next two years will also be characterized more than ever by the transformation of our industry. In this challenging environment, we intend to further increase our unit sales and set the course for long-term competitiveness. With investments in new technologies and profitable sales growth, we are paving the way for Mercedes-Benz to lead the global luxury market as a pioneer of sustainable luxury also in an era of CO2-neutral mobility.” 

Mercedes-Benz’s five largest markets last year were China, Germany and the USA followed by Great Britain and South Korea. The Stuttgart-based company with the three-pointed star finished the year with the highest annual unit sales in its history, as well as its best quarter ever (614,319 units, +3.2%). In the fourth quarter of 2019, Mercedes-Benz sold for the first time more than 600,000 cars within a quarter. In the month of December, 205,968 vehicles were sold and therefore the high prior-year level was almost achieved (-0.3%).

Britta Seeger, Member of the Boards of Management of Daimler AG and Mercedes-Benz AG responsible for Marketing and Sales: “In 2019, a particularly large number of customers in China, Germany and the USA decided in favour of a new vehicle from Mercedes-Benz: In each of these three major markets, we surpassed the high level of unit sales we achieved in the previous year. The ninth record year reflects, among other things, the success of our model offensive with Compact Cars and SUVs, which have delighted new and existing customers all over the world. We offer a broad product line-up with innovative technology and emotional design, which means we have the right vehicle for every customer. This year, we want to further rejuvenate our product portfolio with more than ten new or revised models, including a specific focus on electrified models.” 

Mercedes-Benz full-year unit sales by region and market

Asia-Pacific region achieves best-ever sales; China is the most important driver of global sales growth 

In the Asia-Pacific sales region, a new record was achieved in 2019 with 977,922 units sold (+3.7%). In fact, more Mercedes-Benz vehicles were delivered in China than in any other market globally. A total of 693,443 cars were handed over to customers in China, an increase of more than 40,000 units compared with the previous year and a new record (+6.2%). Hereby, the strong product offensive, the localization strategy and the customer-centric operation remained key success factors in China; more than three-quarters of the vehicles sold there came directly from local production last year. China has been Mercedes-Benz’s largest sales market since 2015, with total annual unit sales almost doubling between 2015 and 2019. In South Korea, the second-largest market in the Asia-Pacific region, deliveries reached a new record high of 78,048 vehicles in 2019 (+8.7%). Sales also reached a new high in Vietnam.

Sales volume in the Europe region slightly above the high prior-year level; significant sales growth in Germany 

In the Europe region, a total of 937,881 cars with the three-pointed star were delivered to customers in 2019 – slightly above the high prior-year level (+0.4%). In Germany, its domestic market, Mercedes-Benz was able to surpass the previous year’s figure by more than 14,000 units due to sales growth of Compact Cars and SUVs, delivering 318,353 vehicles in the full year (+4.8%). This was the highest sales volume in Germany in the past ten years. In addition to Germany, Great Britain and France followed by Italy and Spain, are among the largest sales markets in the Europe region for the Stuttgart-based company with the three-pointed star. In 2019, Mercedes-Benz set new sales records in countries including Switzerland, Poland, Denmark and Hungary.

More than 372,100 cars delivered in the NAFTA region, sales in the USA slightly above prior-year

In the NAFTA region, 372,144 new Mercedes-Benz vehicles were delivered to customers between January and December (-1.64%). Despite a challenging market situation, 316,094 vehicles in the USA were sold and the high prior-year level surpassed by 135 units (+0.0%). In the second half of the year, Mercedes-Benz increased its deliveries in the USA in five out of six months. An increase in unit sales was therefore achieved in the fourth quarter (+1.7%). In Canada, Mercedes-Benz maintains its position as the top luxury car brand for the sixth consecutive year.

Mercedes-Benz full-year unit sales by model

Every third Mercedes-Benz vehicle sold in 2019 was an SUV

With sales of about 783,700 units the GLA, GLB, GLC, GLC Coupé, EQC (combined electrical consumption: 20.8–19.7 kWh/100 km; combined CO2 emissions: 0 g/km)[1], GLE, GLE Coupé, GLS and G-Class, the SUVs were Mercedes-Benz’s strongest-selling segment in 2019 (-4.5%). Since August 2019, deliveries have increased every month, driven by the new GLC and GLE. The GLC was once again the best-selling SUV in the model portfolio in 2019. Last year, the G-Class was able to improve on its record sales of 2017 by more than 13,000 units: 34,912 delivered vehicles resulted in a strong sales increase of more than 60%. The previous sales record set in 2017 was already surpassed in August 2019.

Compact Cars with strong growth and a new record

In 2019, every fourth Mercedes-Benz sold was a Compact Car: More than 667,000 units of the A- and B-Class, CLA, CLA Shooting Brake, GLA and GLB were delivered last year (+9.5%). This represents an increase of more than 30,000 unit sales when compared to the prior record established in 2016. The new A-Class posted global growth of 12.3% in 2019. The A-Class Saloon and the new B-Class worldwide as well as the new CLA Coupé in Europe made significant contributions to the segment’s growth. With the GLB, which launched in December 2019, the Mercedes-Benz Compact Car family now consists of eight models. With its market launch this year, the new GLA completes the model changes for the current generation of Compact Cars from Mercedes-Benz.

C-Class: More than 392,900 deliveries of the high-volume classic

Approximately 392,900 units of the C-Class Saloon and Estate were delivered in 2019 (-0.9 %). The C-Class Saloon achieved growth particularly in the Asia-Pacific region and a new record (+8.5%). In South Korean, deliveries of the C-Class Saloon grew by a double-digit rate. Sales of the long-wheelbase version of the model in China increased by 9% last year to a new record level. Since its market launch in 1982, then still under the name Mercedes-Benz 190, more than ten million C-Class Saloon and Estate cars have been sold worldwide.

E-Class sets new a sales record in the Asia-Pacific region

More than 351,000 units of the E-Class Saloon and Estate were delivered to customers in the third full year of sales of the new generation (-1.3 %). The importance of China as the most important market for the Mercedes-Benz saloon models is clearly reflected by the E-Class: The long-wheelbase version of the E-Class Saloon set a new sales record with double-digit growth. Every second E-Class Saloon sold worldwide in 2019 was delivered as a long-wheelbase version in China. In South Korea, the E-Class Saloon achieved its highest annual sales so far. And the E-Class Estate recorded an increase of 5.0% in deliveries in Germany.

S-Class: The world’s best-selling luxury saloon

Mercedes-Benz has always aspired to build the best automobile in the world with the S-Class. This high standard of exclusivity combined with confident restraint is very well received by the customers: The S-Class Saloon was the best-selling luxury saloon in the world last year. Six years after the launch of the current generation of the S-Class Saloon, sales of about 71,700 units in 2019 remained at a very high level (-8.0%). Deliveries increased above all in China. The Mercedes-Maybach S-Class Saloon is very popular. As a model of the Mercedes-Maybach brand, it is an automobile offering exclusive luxury and the utmost comfort. The Mercedes-Maybach S-Class Saloon set a new sales record in 2019, driven in particular by its success in China and double-digit growth in that market. Since the market launch in 2015, approximately 500 of these exclusive luxury automobiles have been delivered every month to customers in China alone; last year, the figure was actually more than 700 units per month. The portfolio of the Mercedes-Maybach brand will be expanded this year to include the Mercedes-Maybach GLS (combined fuel consumption: 12.0-11.7 l/100 km; combined CO2 emissions: 273‑266 g/km).

Dream Cars: Strong double-digit growth for the CLS Coupé

At Mercedes-Benz, all roadsters, convertibles and coupés are grouped under the heading Dream Cars. More than 163,600 of these vehicles were delivered worldwide in 2019 (-1,1%). The main markets of the roadsters, convertibles and coupés with the three-pointed star were the USA, and Germany, followed by Great Britain in 2019. The best-selling members of the Dream Car family last year were the C-Class Coupé, followed by the CLS Coupé. The CLS Coupé was the growth driver for the Dream Cars in 2019 and achieved strong double-digit sales growth worldwide. Especially in South Korea the sales volume of the four-door Coupé doubled.

Increased sales of V-Class and X-Class in 2019

With an increase of 1.2% to about 63,500 units delivered in 2019, the V-Class achieved a new sales record. The revised version of the multipurpose vehicle had its world premiere in January 2019. Demand for the V-Class was particularly strong last year from customers in Germany, where the largest absolute growth and a new sales record were achieved. Further V-Class records were set in Great Britain, Russia and Switzerland. Sales increased also in China, the most important market for the V-Class outside Europe, almost on the high level of the previous year. Approximately 15,300 units of the X-Class were sold worldwide in 2019. The largest markets for the pickup with the three-pointed star were Germany, Great Britain, Australia and South Africa; double-digit growth and record unit sales were achieved in each of those countries.

Mercedes-AMG: Highest unit sales in the history of the company

More successful than ever before: The high-performance and sports-car brand Mercedes-AMG achieved a new record year in 2019 with 132,136 units sold and double-digit growth of 11.8%. The Affalterbach-based company achieved its highest sales figures in history also in Great Britain and Japan. Mercedes-AMG’s largest markets in 2019 were the USA, Germany and Great Britain, followed by China and Japan. The past year at Mercedes-AMG was marked by the continuous expansion and renewal of the product portfolio. Hence, also the successful Mercedes-AMG GT family received a facelift of the two-door variant and the Mercedes-AMG GT4-door Coupé was available in all markets for the first time. With 13 derivatives in the Compact Car segment at various performance levels, Mercedes-AMG expands its range to include attractive entry-level models in the world of driving performance. The “45” models in the Compact Car family are powered by the newly developed 2-litre turbocharged engine, the world’s most powerful four-cylinder turbocharged engine manufactured for large-series production. In addition, Mercedes-AMG has also introduced electrified SUV models with integrated EQ Boost technology. The 16 kW (22 hp) strong starter generator feeds the 48-volt on-board power supply, supports the combustion engine with its boost function at low speeds and ensures increased efficiency.

smart delivers about 116,800 vehicles worldwide

Over the past twelve months, 116,781 customers opted for a smart fortwo or smart forfour (-9.3%). Sales of the smart brand in 2019 were influenced by lifecycle factors. At the 2019 Frankfurt Motor Show, smart presented its completely revised fortwo and forfour models. Progressive design meets intelligent connectivity as well as zero local emissions due to battery-electric powertrains. In the conversion year to the purely electric smart models, the highest unit sales of the past 14 years were achieved in Germany. From January to December, more than 46,506 of the urban microcars were delivered in Germany (+13.2%). In both France and Italy, growth was achieved compared with the previous year. And full-year deliveries climbed to a new record in Portugal (+25.0%). Never before in a year have so many of the electric smart models been sold worldwide as in 2019 – more than 18,400 units were delivered last year. In Germany, approximately every sixth smart vehicle sold was purely electric. At the end of March 2019, Daimler AG and the Zhejiang Geely Holding Group announced the establishment of a globally-oriented 50:50 joint venture to transform smart into a leading player in premium-and intelligent electrified vehicles. The joint venture will produce a completely new generation of smart electric models in China and will be responsible for international distribution.

Model offensive for plug-in hybrids and all-electric models

With its “Ambition 2039” announced last year, Mercedes-Benz Cars has set itself the goal of achieving a CO2-neutral fleet of new passenger cars within a period of 20 years. For Europe, the company assumes that well over 40 percent of Mercedes-Benz vehicles could already be delivered to customers as xEVs (plug-in hybrids and all-electric vehicles) by 2025. And by 2030, the company aims to achieve more than half of worldwide car sales with plug-in hybrids or all-electric vehicles.

Mercedes-Benz Cars expects all-electric models to account for 15% to 25% of total unit sales by 2025. The first fully electric SUV from Mercedes-Benz, the EQC (combined power consumption: 27.0 kWh/100 km; combined CO2 emissions: 0 g/km, provisional figures)[1] made its retail debut in Europe first followed by China and Asia-Pacific markets in 2019. As the next member of the Mercedes EQ family, this year, the EQV (combined electrical consumption: 27.0 kWh/100 km; combined CO2 emissions: 0 g/km, provisional figures)[2] will be the first electrically powered luxury multipurpose vehicle from Mercedes-Benz to combine emission-free mobility with convincing performance, high functionality and aesthetic design. Moreover, the facelift of the current purely electric drive smart generation can already be ordered and market launch is planned for the end of January 2020. With this step, smart will complete its full changeover to zero local emissions due to battery electric powertrains as a pioneer of urban mobility.

By the end of 2020, a total of five fully electric models and more than 20 model variants of plug-in hybrid models will be an integral part of the global product portfolio of Mercedes-Benz Cars. 

Overview of Mercedes-Benz Cars unit sales

  December 2019 Change in % Jan.-Dec. 2019 Change in %
Mercedes-Benz 205,968 -0.3 2,339,562 +1.3
smart 11,181 +8.6 116,781 -9.3
Mercedes-Benz Cars 217,149 +0.1 2,456,343 +0.7
         
Mercedes-Benz unit sales in the regions/markets        
Europe 83,222 -0.7 937,881 +0.4
– thereof Germany 27,981 +1.6 318,353 +4.8
Asia/Pacific 82,679 +2.0 977,922 +3.7
– thereof China 52,510 +5.2 693,443 +6.2
NAFTA 35,132 -6.2 372,144 -1.6
– thereof USA 30,294 -5.4 316,094 +0.0

[1] Power consumption and range have been determined on the basis of Regulation (EC) No. 692/2008. Power consumption and range depend on the vehicle configuration.
[2] Figures for electrical consumption and range are provisional and were determined by the technical service for the certification according to UN/ECE-regulation 101. EC type approval and conformity certification with official figures are not yet available. There may be differences between the stated figures and the official figures.

Customer Racing: 2020 Season Opener: Mercedes-AMG Motorsport To Start Its Anniversary Season With New GT3 Car

For Mercedes-AMG, the 2020 season marks the tenth anniversary of its Customer Racing programme. After the impressive achievements in the previous years, the goal is for the success story from Affalterbach to be continued in the anniversary year. The Mercedes-AMG GT3, newly developed to this end, comes with numerous technical optimisations and will already be making its official competition debut during the season opener in Dubai (9-11 January). With the Rolex 24 At Daytona (22-26 January), the next endurance racing highlight already follows at the end of January, in which Mercedes-AMG intends to defend its title in the North American IMSA WeatherTech SportsCar Championship, immediately followed by the Bathurst 12 Hours, the start of the Intercontinental GT Challenge. In the hands of the Customer Racing Teams, the GT3 and GT4 cars from Affalterbach will be doing everything to score titles and race wins all over the world in 2020 as well to crown the anniversary year.

  • Mercedes-AMG Customer Racing is celebrating the tenth anniversary in 2020
  • New Mercedes-AMG GT3 to make its official competition debut in Dubai
  • Worldwide Customer Racing programme in 30 countries

The Customer Racing programme having been founded in 2010, the performance and sports car brand from Affalterbach is meanwhile taking on its tenth season of GT racing. The legendary gullwing, the SLS AMG GT3, already enjoyed early maiden success in its debut season and enthused teams, drivers and fans with its unmistakable design and sound in equal measure. From 2016 and 2018 onwards, the respective successors with the Mercedes-AMG GT3 and the Mercedes-AMG GT4 raised the bar for success even higher. In 2019, the Customer Racing teams seamlessly continued from the record season 2018 and celebrated over 40 championship wins. In the process, titles in renowned race series such as the Blancpain GT Series, VLN Langstreckenmeisterschaft Nürburgring and not least victory in the FIA GT World Cup at Macau once again underlined Mercedes-AMG Customer Racing’s ambition to dominate in the GT segment.

This year, the Mercedes-AMG Customer Racing Teams will again be competing in high-class and internationally popular motorsport formats. With the Intercontinental GT Challenge, the GT World Challenge (formerly Blancpain GT Series), the North American IMSA race series, the Nürburgring Langstrecken-Serie (formerly VLN Langstreckenmeisterschaft Nürburgring), ADAC GT Masters and the 24-hour races at the Nürburgring and Spa-Francorchamps, numerous renowned motorsport events are in the limelight again in 2020, next to many other race series in around 30 countries worldwide. Not least, the title defence in the FIA GT World Cup at Macau in November is at the top of the agenda. In 2020, the new Mercedes-AMG GT3 and the refreshed Mercedes-AMG GT4 will be present as well for the first time in 2020. The Dubai 24 Hours (9-11 January / 24H Series), the Rolex 24 At Daytona (22-26 January / IMSA) and the Bathurst 12 Hours in Australia (30 January-2 February / IGTC) mark the start of the season.

Mercedes-AMG and BLACK FALCON aiming at fifth Dubai victory 
The new Mercedes-AMG GT3 will be making its official competition debut for 2020 in the season opener at Dubai (9-11 January). Next to an overhauled design, the car also shines with numerous technical optimisations. Here, the teams SPS automotive performance (#10) and CP Racing (#85) that are also part of the wider circle of favourites for success in the 24-hour race in the desert metropolis will be running the evolution version. The same can be said for the BLACK FALCON team that has already scored four overall wins in the Dubai 24-hour race (2012, 2013, 2015 and 2018).  In the 15th running of the event, the team from Meuspath in Germany intends to add the fifth outright win with the #4 Mercedes-AMG GT3 and drivers Khaled Al Qubaisi (UAE), Ben Barker (GBR), Jeroen Bleekemolen (NED), Hubert Haupt (GER) and Manuel Metzger (GER). Five further Mercedes-AMG GT3s of the teams HTP WINWARD Motorsport (#84), MP Motorsports (#19), Team Hong Kong Craft-Bamboo Racing (#69) and Toksport WRT (#70 and #777), as well as four Mercedes-AMG GT4s of the teams Atlas BX Motorsports (#403), Ciceley Motorsport (#462), Leipert Motorsport (#410) and QSR Racing (#754), round out the line-up at the 5.39 kilometre long Dubai Autodrome. The race gets underway on Friday, 10 January, at 15.00 hrs local time (noon CET).

Mission title defence in North America 
Hardly a fortnight later, the next 24-hour highlight for Mercedes-AMG beckons with the Rolex 24 At Daytona (22-26 January). Traditionally, the classic endurance race serves as the season opener of the North American IMSA WeatherTech SportsCar Championship and therefore, it is here that the mission title defence is starting for Riley Motorsports and Mercedes-AMG Motorsport as well. In 2019, the triple of drivers’, teams’ and manufacturers’ title in the GTD class of the Michelin Endurance Cup was achieved with the Mercedes-AMG GT3 for the third consecutive year. With the quartet of Lawson Aschenbach (USA), Felipe Fraga (BRA), Ben Keating (USA) and Gar Robinson (USA) behind the wheel of the #74 Mercedes-AMG GT3, the foundation for further championship success is to be laid at the legendary Daytona International Speedway. The race starts on Saturday, 25 January, at 13.35 hrs local time (19.35 hrs CET). Teams already successfully completed initial test laps of the 5.7 kilometres long track during the three-day ‘Roar Before the Rolex 24’ test in early January.

Also at Daytona Beach, the four-hour season-opening race of the IMSA Michelin Pilot Challenge will be held. Thanks to invariably strong achievements by the Customer Racing Teams, Mercedes-AMG Motorsport was able to secure its maiden manufacturers’ title win in the series last year and therefore will be starting the 2020 season as the defending champion here as well. During the season opener, there will be a total of eight GT4 cars from the teams Bluff City Racing / Autometrics Motorsports (#14), Winward Racing (#33 and #57), Riley Motorsports (#35), Murillo Racing (#56 and #65), RENNtech Motorsports (#90) and Scuderia 111 (tba) on the grid.

Stefan Wendl, head of Mercedes-AMG Customer Racing: “Ten years of Mercedes-AMG Customer Racing, that is something really special to us. In the past decade, we have had extraordinary achievements and worked hard to secure a leading position in the international customer racing segment. For our anniversary year, our aim is to defend this position and to reinforce it with further achievements. Like in the previous years, this season again includes many important races in high-class series around the globe, and in the odd series in which we just missed out on winning the title in 2019, we want to get the title back to Affalterbach in the new year. Traditionally, the classic endurance races at Dubai and Daytona are the start, with even more anticipation from us because of the participation of the new Mercedes-AMG GT3. We wish all teams and drivers good luck in the new 2020 season.” 

Mercedes-AMG GT3 and GT4 in the Dubai 24 Hours*:

Nr.

Class

Car Team Drivers
4

GT3-PRO

Mercedes-AMG GT3 BLACK FALCON Khaled Al Qubaisi (UAE), Ben Barker (GBR), Jeroen Bleekemolen (NED), Hubert Haupt (GER), Manuel Metzger (GER)
10

GT3-PRO

Mercedes-AMG GT3 SPS automotive performance Lance David Arnold (GER), Dominik Baumann (AUT), Tom Onslow-Cole (GBR), Valentin Pierburg (GER)
19

GT3-AM

Mercedes-AMG GT3 MP Motorsport Bert de Heus (NED), Daniel de Jong (NED), Henk de Jong (NED), Jaap van Lagen (NED)
69

GT3-AM

Mercedes-AMG GT3 Team Hong Kong Craft-Bamboo Racing Antares Au (HKG), Jonathan Hui (HKG), Kevin Tse (MAC), Frank Yu (HKG)
70

GT3-AM

Mercedes-AMG GT3 Toksport WRT Axcil Jefferies (ZIM), Alexander Hrachowina (AUT), George Kurtz (USA)
84

GT3-PRO

Mercedes-AMG GT3 HTP WINWARD Motorsport Al Faisal Al Zubair (OMA), Maximilian Buhk (GER), Christopher Brück (GER), Maximilian Götz (GER)
85

GT3-AM

Mercedes-AMG GT3 CP Racing Charles Espenlaub (USA), Joe Foster (USA), Mike Hedlund (USA), Shane Lewis (USA), Charles Putman (USA)
777

GT3-PRO

Mercedes-AMG GT3 Toksport WRT Patrick Assenheimer (GER), Philip Ellis (GER), Maro Engel (GER), Martin Konrad (AUT), Luca Stolz (GER)
403

GT4

Mercedes-AMG GT4 Atlas BX Motorsports Steven Cho (CAN), Jongkyum Kim (KOR), Jaesung Park (KOR), Masataka Yanagida (JPN)
410

GT4

Mercedes-AMG GT4 Leipert Motorsport Kenneth Heyer (GER), Fidel Leib (GER), Ronny Lethmate (GER), Melvin Moh (MAS), Han Songting (CHN)
462

GT4

Mercedes-AMG GT4 Ciceley Motorsport Jake Giddings (GBR), Katarina Kyvalova (SVK), Jon Minshaw (GBR)
754

GTX

Mercedes-AMG GT4 QSR Racing Olivier Bertels (BEL), Jimmy de Breucker (BEL), Michiel Verhaeren (BEL)

* subject to last-minute changes

Mercedes-AMG GT3 and GT4 in the Rolex 24 At Daytona*:

Nr.

Class

Car Team Drivers
74

GTD

Mercedes-AMG GT3 Riley Motorsports Lawson Aschenbach (USA), Felipe Fraga (BRA), Ben Keating (USA), Gar Robinson (USA)
14

GS

Mercedes-AMG GT4 Bluff City Racing / Autometrics Motorsports Dan Clarke (USA), Cory Friedman (USA), Anton Dias Perera (USA)
33

GS

Mercedes-AMG GT4 Winward Racing Indy Dontje (NED), Russel Ward (USA)
35

GS

Mercedes-AMG GT4 Riley Motorsports Jeroen Bleekemolen (NED), Jim Cox (USA), Dylan Murry (USA)
56

GS

Mercedes-AMG GT4 Murillo Racing Eric Foss (USA), Jeff Mosing (USA)
57

GS

Mercedes-AMG GT4 Winward Racing Philip Ellis (GER), Bryce Ward (USA)
65

GS

Mercedes-AMG GT4 Murillo Racing Justin Piscitell (USA), Tim Probert (USA)
90

GS

Mercedes-AMG GT4 RENNtech Motorsports Corey Lewis (USA), Sheena Monk (USA)
TBA

GS

Mercedes-AMG GT4 Scuderia 111 Atila Abreu (BRA), Leonardo Sanchez (BRA)

Nigeria In Need Of A Coordinated And Coherent Policy Framework

Momentum in the Nigerian economy remained at a snail’s pace in 2019 despite increased clarity in the political space. While issues surrounding the 2019 general election subdued economic activities in Q1-2019, investment and business decisions were hushed by policy uncertainty and incoherent policy pronouncements In the remaining part of the year.

As such, output growth remained at the recovery phase, projected at 2.2 4% for F Y-2019. Though the headline inflation rate moderated significantly, consumer spending remained weak. Also, actual government revenue continued to underperform budget estimates (at N2.0trn v s N2.9trn), thus constraining spending. As such, the fiscal deficit remained elevated, keeping the cost of capital high and necessitating direct central bank financing of the government. Monetary policy stance was largely unconventional as the Central Bank of Nigeria (CBN) opted to focus on domestic liquidity management via increased OMO sales, exclusion of non-banking institutions to force down rates while compelling Deposit Money Banks (DMBs) to lend to the real sector.

In 2020, the outlook for the Nigerian economy hangs on a framework of a well-intended but slightly uncoordinated policy outline. Notably, the recent amendment of the Deep Offshore and Inland Basin Production Sharing Contract (DOIBPSC) 1993 Act and the ongoing reviews of the Tax Acts via the finance bill, will support the implementation of the 2020 Budget and beyond in the face of sharp rising debt profile. Again, the unprecedented early passage of the 2020 budget by the senate in Dec-1 9, to return the economy to a January to December budget.

    United Capital Research

First Bank CEO, Adesola Adeduntan Bags “Cranfield University Distinguished Alumnus of the Year”

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The Managing Director, First Bank Nigeria, Dr Adesola Adeduntan, a visionary leader and an achiever to be reckoned with in the financial services sector has again kicked off the year in good form bagging the much-coveted and celebrated Cranfield University School of Management Distinguished Alumnus of the year Award.

The annual Cranfield School of Management Alumni Awards recognises and honours alumni in four various categories. They vary from Distinguished Alumnus of the Year, Entrepreneur Alumnus of the Year, Excellence in Achievement Award for Recent Graduates and the Alumni Service Award.

Dr Adesola Kazeem Adeduntan who bagged his MBA from the educational institution in 2005, was recognized and selected from amongst the institution’s global and diverse alumni network and will be conferred with the “Distinguished Alumnus of the Year” award at a celebratory dinner to be held in his honour on 30 January 2020 where he will be formally presented with his award amongst other awardees in London. The event will be hosted by the Chief Executive and Vice-Chancellor of Cranfield University, Professor Sir Peter Gregson, and Pro-vice Chancellor and Dean of Cranfield School of Management, Professor David Oglethorpe.

The Cranfield School of Management annual alumni awards acknowledges special achievements and contributions of alumni providing an opportunity to acknowledge and celebrate alumni who exemplify the values of the Institution. The awards are presented to allow the School to showcase the impact of Cranfield globally and highlight the accomplishments of individuals who may serve as role models to other alumni, students and potential students.

Adeduntan has again made a mark for Nigeria and indeed Africa through diligence and hard work. It is said there is no hiding place for those whose star shines bright, as brilliance will stand out.

Fashion Fix 3 Ep4- Fashion Designer Tokyo James Shares Tips On How To Dress For Success In The New Year

New Year, Same old you….. Not if we can help it.
Our favourite fashion girl, Mercy Ajisafe is joined by fashion designer and creative director one of Africa’s leading men’s wear brand, Tokyo James. On this episode, they are serving top corporate fashion tips.

Watch as they help you get your life together starting with the perfect ‘back to work’ wardrobe.