News / Could Hermes pave the way to a B2C network in Europe for FedEx?

first_img By Ian Putzger 03/06/2020 © Tomnex FedEx needs a B2C channel for the European market, while Hermes’ owner has been looking for a strategic partner – but is this a match made in heaven?And how deep would any embrace be?According to observers, FedEx is the front runner to team up with Hermes, but neither the integrator nor mail order giant Otto Group, which owns Hermes, have commented.For FedEx, Hermes could be its ticket to the European B2C market, and Dean Maciuba, research director of Logistics Trends & Insights, pointed out that FedEx had made a determined shift to the B2C sector, but lacked the final-mile capability in Europe for this.The acquisition of TNT was of little help there, as that company is primarily a B2B player.“FedEx needs a low-cost residential delivery network in Europe,” said Mr Maciuba, adding that Hermes employed a low-cost business model.With about €2bn in revenues, it is one of the largest European parcel carriers. However, it suffered a loss in its core German business, which accounts for more than half of that revenue.A tie-up with FedEx would give Hermes access to the integrator’s global network, to meet its international ambitions, and could also provide openings to the B2B market.How much investment might flow from FedEx to Hermes is unclear and would depend on the nature of the partnership. There are no indications at this point what an alignment between the two companies would look like.Otto Group originally said it was looking for a strategic partner to speed up international growth and support a planned large investment programme in Hermes, and more recently signalled it might be prepared to yield a majority stake in the delivery firm.But Mr Maciuba doubts FedEx is interested in a takeover.“I don’t think FedEx will want to take ownership. They want to connect to a low-cost e-commerce delivery company in Germany,” he said, adding that the integrator is not ‘rolling in money’ at the moment.Late last month, FedEx reached an agreement with lenders for a $2bn, five-year credit agreement, plus a $1.5bn, 364-day credit agreement. It has suspended share buy-backs and is not increasing dividends for a year.Another open question is which parts of the Hermes operation FedEx would go after. According to some unconfirmed reports, Advent is the most likely candidate to take over the British arm of Hermes. Unlike the German operation, this has been profitable, notwithstanding a string of service issues.Horst Manner-Romberg, principal of parcel research & consulting firm M-R-U, said: “The UK is the gem in Hermes. It has produced good results for years.”He described most of the company’s European operations as a patchwork that has no comprehensive networks in most countries and frequently relies on postal agencies for deliveries.“Hermes does not have a European network like UPS or DPD,” he said.The operational setup of Hermes is not ideal for FedEx’s ambition to cover European B2C deliveries, he believes. For one thing, the location of distribution centres has been often dictated by proximity to major customers, rather than to cover a geographic area.Nor does Hermes’s image in the market look an auspicious match for FedEx’s brand emphasis on high performance. The company has been frequently criticised for poor performance and has faced a string of lawsuits over its relations with subcontractors, one observer pointed out.These aspects, along with FedEx’s slim war chest, point to a co-operative agreement with a minor shareholding – assuming that FedEx management assesses that its need for a European B2C delivery network is greater than the mismatches in the respective set-ups.After its retreat from the intra-European parcel market in 1992 and the lengthy integration process with TNT, the last thing FedEx needs is another strategic move in Europe that creates more problems than solutions.And would such a low-key arrangement be palatable to Otto Group, which allegedly has seen a lively response to its quest for a strategic partner?last_img read more

Pfizer wins big in opioid deal with Chicago. But what does the city get?

first_img All of these are all useful and important steps, but a Pfizer spokeswoman acknowledged the company already follows these practices. Certainly, the company should be doing so. If nothing else, it’s illegal to promote a prescription medicine for unapproved uses, and samples should not be distributed for controlled substances such as opioids.“Pfizer looks good. They get a lot of public relations points,” said David Juurlink, a clinical pharmacologist at the Sunnybrook Health Sciences Centre in Toronto and a member of Physicians for Responsible Opioid Prescribing, a nonprofit that advocates for stricter prescribing. “But when you dissect the agreement, it won’t make any practical difference, unless they shared information with Chicago not in the public domain.”Indeed, city officials may have received damning evidence that could help win their lawsuit, although this may not become clear until or unless the case goes to trial and documents become public. Clearly, this is what they are betting, especially because the US Senate is sitting on the results of a four-year-old probe into financial ties between drug makers and the medical organizations that set guidelines for opioid use.Pfizer also agreed not to support patient or other outside groups that make inappropriate claims about opioids. But the company did not commit to ending support for organizations hat resisted new federal guidelines for reducing opioid prescribing. Pfizer, however, is not a party to the case. The drug maker is really a bit player in the opioid market. Its only product, known as Embeda, generated just $16.6 million in sales and some 28,200 prescriptions last year, according to the IMS Health research firm.But for city officials, Pfizer serves a useful purpose.Like all drug makers, Pfizer tracks what rivals are doing and this kind of marketing intelligence can help with a lawsuit. And so, as Chicago officials noted, Pfizer provided them with “documents and other evidence.” This may explain how the city was able to revise its lawsuit last November with fresh information about alleged wrongdoing.In doing so, Pfizer may have broken from the pack and ratted on other drug makers — but they are competitors, after all. Meanwhile, the company avoided being pulled into the litigation.In return, Pfizer made several promises.These include agreeing not to promote its painkiller for unapproved uses or provide free samples to physicians. The company must disclose the risk of addiction in its materials and will fund programs to educate doctors about opioid risks. Pfizer will also note there is insufficient research to say opioids can be used longer than 12 weeks, a nod to concerns about long-term use that can lead to addiction. Related: Watch: ‘Like you’re living in hell’: A survivor on what opioid withdrawal did to his body This weekly column offers opinions on the latest pharmaceutical industry news.At a meeting held last week to review the opioid epidemic, FDA Commissioner Dr. Robert Califf told the audience that “there’s a lot of sin to go around.” And among the sinners, he noted, are drug makers.On the same day, coincidentally, one of those companies was given a chance to make amends.In an unusual development, Pfizer signed a pact with the city of Chicago and agreed not to engage in the sort of marketing that helped fuel the epidemic in the first place. Chicago Mayor Rahm Emanuel boasted of a “landmark agreement” and a “big step” toward blunting the risks of these prescription painkillers, which were blamed for more than 14,000 deaths two years ago, according to federal health officials.advertisement Here is the back story that prompts me to write this. The deal was reached as Chicago officials press a two-year-old lawsuit against five other drug makers — including Purdue Pharma and Johnson & Johnson — for allegedly misleading the public about the risks of opioids and causing a rise in city health care costs. By Ed Silverman July 12, 2016 Reprints Mark Lennihan/AP Pharmalot Columnist, Senior Writer Ed covers the pharmaceutical industry. Leave this field empty if you’re human: Meanwhile, Pfizer may have smartly distinguished itself from the competition. Along with Eli Lilly, the company is developing an injectable drug that could be a safer alternative to opioids for chronic back or cancer pain. The plan is to seek regulatory approval in 2018 and, if that happens, Pfizer gets to pitch itself as a more forthright company.For now, the extent to which the Pfizer information proves useful to Chicago officials remains unknown. And even if such information eventually surfaces, the city could still lose the lawsuit. By then, however, Pfizer will likely have been forgiven for any sins. Related: Pfizer agrees to opioid marketing deal to escape a lawsuit by Chicago center_img About the Author Reprints To be sure, any time a drug maker agrees to restrict or enhance its marketing in ways that benefit public safety is noteworthy, especially given the eye-popping fines that so many of these companies have paid over the past decade to settle charges of illegal marketing.But this particular deal is unlikely to make much, if any, difference. In fact, for the moment, the only certain winner in this arrangement is Pfizer. And it’s a big win.advertisement Privacy Policy The Pharmalot ViewPfizer wins big in opioid deal with Chicago. But what does the city get? Newsletters Sign up for Pharmalot Your daily update on the drug industry. Ed Silverman @Pharmalot [email protected] Please enter a valid email address. Tags opioidsPfizerpolicylast_img read more

Bluebird suspends studies of sickle cell gene therapy following cancer diagnoses in two more treated patients

first_img Bluebird suspends studies of sickle cell gene therapy following cancer diagnoses in two more treated patients By Adam Feuerstein Feb. 16, 2021 Reprints Bluebird Bio said Tuesday that it has suspended clinical trials involving its gene therapy for sickle cell disease after receiving reports that two patients treated with the one-time therapy were diagnosed with cancer.The trials were placed on “temporary suspension” so that Bluebird can investigate the cancer cases to determine if they were caused by the re-engineered HIV virus used to deliver its gene therapy. No such link has been established yet, the company said. STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. Log In | Learn More Unlock this article — plus daily coverage and analysis of the biotech sector — by subscribing to STAT+. First 30 days free. GET STARTED What is it? Senior Writer, Biotech Adam is STAT’s national biotech columnist, reporting on the intersection of biotech and Wall Street. He’s also a co-host of “The Readout LOUD” podcast. Biotech center_img Tags biotechnologydrug developmentgene therapy What’s included? @adamfeuerstein Adam Feuerstein GET STARTED About the Author Reprints [email protected] Ruby Wallau for STATlast_img read more

Two Glamorous Knights: Great fashion the Gala Charity Ball and making the most from the same dress

first_img Facebook Laois County Council team up with top chef for online demonstration on tips for reducing food waste Laois County Council create ‘bigger and better’ disability parking spaces to replace ones occupied for outdoor dining Twitter Pinterest TAGSGala Charity BallGerald Kean Rugby The fashion spotlight shone brightly on the Gala Charity Ball in the Heritage Hotel, Killenard, recently as fashionistas showed up in their droves.We had a fantastic night to say the least, we danced the night away. Our highlights from the evening were meeting celebrity barrister Gerald Kean, guest of honour on the night as well as bumping into lots of familiar faces as well as making new friends.Style spotting was top of our list and the ladies and gentlemen really wowed us on the night. What an amazing night and for such a good cause. An all-round success and we can’t wait for next year’s event.We purchased our dresses from The Julien Boutique in Stephen’s Green Shopping Centre in Dublin over a year ago. Yes, we wore these dresses to the races, but why not re-wear them?Some might say we have committed a Faux Pas. But we beg to differ. Shamelessly wearing the same dress twice? Well not us. Think about what you have in your wardrobe. With a few alterations and tweaks you can really make a difference to an outfit.And by doing so you are saving money. Wearing something again and again gives you the opportunity to restyle your entire look.How about adding different accessories such as jewellery, bag, belt, shawl or even a change of shoe colour. Or alternatively dust off your sewing machine and get to work!And if you’re not up to scratch with your sewing skills maybe find someone who is good dressmaker, giving you the opportunity to transform the style completely, make it strapless, add straps, change the length, the list is endless.We altered the dresses from a jewel neckline to a Bardo neckline which makes the dress very feminine, drawing attention to the shoulders and neck.On reflection, we preferred this neckline because we found this silhouette more flattering. We paired back the look and minimized the amount of accessories wearing simple, clutch, silver diamond earrings and nude shoes.The summer race was our opportunity to get inventive with our style. We wanted something bright and impactful. So we decided to colour block light blue and canary yellow. We sourced yellow material to create a sash so to add a pop of colour and then matched our shoes.Our hats were made by Harper’s Hats Millinery based in Cork.  We opted for gold clutch, pearl earrings and red lips to finish off the look.Remember if you love it, wear it again and again to your hearts content.Dawn and Davinia, Two Glamorous Knights xxSEE ALSO – Two Glamourous Knights: The Pencil Skirt – hugging me in all the right places WhatsApp Twitter Two Glamorous Knights: Great fashion the Gala Charity Ball and making the most from the same dresscenter_img Facebook By Two Glamorous Knights – 19th March 2018 WhatsApp Pinterest Community Home Columnists Two Glamorous Knights: Great fashion the Gala Charity Ball and making the… Columnists Council Previous articleProperty Watch: How much will a three bedroom house cost you around PortlaoiseNext articleSporting fixtures cancelled as snow plays havoc once again Two Glamorous KnightsSugar, spice and all things nice are just a few ingredients that have created Two Glamorous Knights. Identical twins Dawn and Davinia Knight combine their love of fashion, style and beauty with a vintage flair. With a background in Fine Art they like to take our creativity to the racecourse as well as other glamorous events. RELATED ARTICLESMORE FROM AUTHOR Ten Laois based players named on Leinster rugby U-18 girls squadlast_img read more

Four tipsters, but just two awards

first_img PwC alleges deleted emails, unusual transactions in Bridging Finance case Mouth mechanic turned market manipulator James Langton “The whistleblowers’ information alerted the staff to misconduct occurring abroad which could have been difficult to detect without their tip,” said Jane Norberg, chief of the SEC’s Office of the Whistleblower.The SEC noted that the information provided “directly supported certain allegations in the enforcement action.”At the same time, the commission denied an application for a whistleblower award to two other tipsters in the same case, ruling that the information those two provided didn’t contribute to its enforcement case.According to the SEC’s order, the tipsters that were denied awards argued that they provided information to the media that resulted in news reports that prompted an internal investigation, which uncovered misconduct.Nevertheless, the regulator found that the second pair’s tips didn’t lead to the SEC opening an investigation, and that their actions didn’t satisfy the requirements for an award. The SEC’s order said that their information related to conduct by rival companies and didn’t aid the SEC’s enforcement action.With the latest award to the two whistleblowers that were successful in the case, the SEC has now paid approximately US$758 million to 142 individual tipsters. Facebook LinkedIn Twitter Related news A pair of foreign whistleblowers are sharing an award of more than US$5 million from the U.S. Securities and Exchange Commission (SEC), whereas two other aspiring tipsters in the same case have had their bid for a reward denied.The SEC announced that it has awarded more than US$5 million to joint whistleblowers from outside of the U.S. who provided a tip that caused it to open an investigation that resulted in a successful enforcement action. BFI investors plead for firm’s sale Share this article and your comments with peers on social media Keywords Fraud,  Enforcement,  WhistleblowersCompanies Securities and Exchange Commission Court. 123RFlast_img read more

JIS Wins International Website Award

first_imgFacebookTwitterWhatsAppEmail The website for the Jamaica Information Service (JIS), located at www.jis.gov.jm, was yesterday (November 28), adjudged the Best Website Representing a Nation. The winning site was chosen from a field of seven websites that were nominated for the award.Recognised in the Culture Category in the Black Web Awards (BWA), the JIS was one of more than 500 websites from across the world that were nominated by the awarding organisation, Linton Publications out of Baltimore, Maryland in the United States.The organisation launched the BWA this year to celebrate African, African-American and Caribbean online excellence in some 100 categories.Chief Executive Officer (CEO) of the agency, Carmen Tipling, told JIS News that she was proud of the achievement. Giving kudos to the JIS Computer and Research Services team, she said that, “they constructed and are maintaining an excellent website, which operates as a mini-portal for access to all Government of Jamaica Ministries and Agencies”.Mrs. Tipling said the website, which hosts more than 3,000 pages, with links to all CARICOM member states, took a great deal of “smart work and dedication” to ensure that it could house user-friendly and ready-to-use information in a manner that was easily retrievable by its visitors, which include thousands of Jamaicans in the Diaspora.Outlining the groundwork that culminated in the award-winning website, she said that in the year 2000, the agency had embarked on a major thrust to modernise the information organisation, including its information mini-portal.“A plan of work was outlined by KPMG, our modernisation consultants, who identified a number of goals we were to achieve within a set time,” Mrs. Tipling said, adding that these targets were met within three years.“We achieved all of these within this time period and have gone beyond that to set and meet our own targets on an annual basis,” she said.The CEO emphasised that it was through the efficient use of Information and Communication Technology (ICT) that the agency was gleaning, gathering and disseminating information to its publics.“It is heartening that significant changes are taking place at the JIS and modernisation is helping Government entities, such as the JIS, to package and deliver information at levels that were not previously accessed by the public,” the CEO said.Meanwhile, Computer and Research Services Manager at the JIS, Andrea Bryan, said it was a phenomenal accomplishment for the JIS to win such an award on its maiden attempt. She said the nomination in itself was elating, but winning the award was even more spectacular.Miss Bryan told JIS News that in the run-up to the BWA, the department “placed an ad on the site and asked persons who visited our website to vote and we got an overwhelming amount of votes”.“This is a fabulous achievement,” the Manager said, adding that she was proud that the combined 20 working hours per day for the five-member department had been recognised by an international award.“We update the website on a daily basis. This includes more than 20 new releases per day as well as special pages that we maintain for the 14 Ministries of Government and their related agencies,” Miss Bryan told JIS News.Mrs. Tipling pointed out that the information from the agency’s mini-portal was critical to the promotion of the nation’s culture.“We are satisfying a need and the feedback from the public, even through this award, attests to that,” she said, adding that it “was a welcomed recognition of the on-going achievements of the JIS in its promotion of Government’s programmes and policies”. RelatedJIS Wins International Website Award RelatedJIS Wins International Website Award Advertisementscenter_img JIS Wins International Website Award UncategorizedNovember 29, 2006 RelatedJIS Wins International Website Awardlast_img read more

COVID-19 testing centre for arriving international travellers launches at Pearson Airport

first_imgCOVID-19 testing centre for arriving international travellers launches at Pearson Airport From: Public Health Agency of CanadaThe Government of Canada welcomes the Government of Ontario’s announcement to offer COVID-19 testing on-site at Toronto Pearson International Airport for arriving international travellers who wish to take a test prior to leaving the airport.The Government of Canada welcomes the Government of Ontario’s announcement to offer COVID-19 testing on-site at Toronto Pearson International Airport for arriving international travellers who wish to take a test prior to leaving the airport.This new testing service does not change a traveller’s mandatory 14-day quarantine requirement upon entry into Canada.The Government of Canada has implemented robust measures at Canada’s borders to prevent and mitigate the importation of new COVID-19 cases associated with international travel. This includes a mandatory 14-day quarantine for most arriving travellers and a new requirement for a negative pre-departure COVID-19 test result at least three days prior to boarding a flight to Canada. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:airport, Canada, coronavirus, covid-19, Government, launch, quarantine, testing, travellast_img read more

Trump issues an executive order on revocation of executive order

first_imgTrump issues an executive order on revocation of executive order The White HouseBy the authority vested in me as President of the United States by the Constitution and laws of the United States of America, including section 301 of title 3, United States Code, and sections 3301 and 7301 of title 5, United States Code, it is hereby ordered as follows:Section 1. Revocation. Executive Order 13770 of January 28, 2017, “Ethics Commitments by Executive Branch Appointees,” is hereby revoked, effective at noon January 20, 2021. Employees and former employees subject to the commitments in Executive Order 13770 will not be subject to those commitments after noon January 20, 2021.Sec. 2. General Provisions. (a) Nothing in this order shall be construed to impair or otherwise affect:(i) the authority granted by law to an executive department or agency, or the head thereof; or(ii) the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals.(b) This order shall be implemented consistent with applicable law and subject to the availability of appropriations.(c) This order is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.DONALD J. TRUMPTHE WHITE HOUSE,January 19, 2021. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:america, Constitution, director, Employees, executive order, Government, house, law, President, United States, White Houselast_img read more

Hopped-up Nissan one-off gives us hope for 400Z

first_img Contrary to most SEMA builds this one is very tastefully done, the stance is perfect thanks to 18-inch aluminum RAYS wheels, stuck to the ground by Hankook RS4 tires in 285/35r18. It rides on coilovers and Eibach springs, and features a NISMO body brace to increase the stiffness along with a full interior roll cage.The interior has also been customized to throw back to the original 240Z of the ’70s, with quilted stitching, Sparco seats and a racing steering wheel to finish off the race-inspired theme.To make it lighter, carbon fibre has of course been peppered everywhere, with the largest weight-saving pieces being the front and rear bumpers, hood, front splitter, rear air dam, and door mirrors. Since it’s built for SEMA, and the name of the game there is modification, Nissan hasn’t left the rest of the powertrain stock, either.Possibly to tease us for the next generation, this 370Z has been fitted with a NISMO six-speed manual transmission, and it took quite a bit of work to get it to fit onto an engine that was never offered in a manual in the first place.The clutch disc, cover, and flywheel are all bespoke to the Clubsport, and it sends the power to the rear only via a two-way rear differential complete with fluid cooler. Created with Raphaël 2.1.2Created with Raphaël 2.1.2Celebrating the iconic 370Z, the Nissan Project Clubsport 23 is an ongoing parts development platform built with ultimate goal of creating a vehicle that owners could duplicate themselves using Nissan Motorsports or aftermarket parts. Created with Raphaël 2.1.2Created with Raphaël 2.1.2Celebrating the iconic 370Z, the Nissan Project Clubsport 23 is an ongoing parts development platform built with ultimate goal of creating a vehicle that owners could duplicate themselves using Nissan Motorsports or aftermarket parts. Created with Raphaël 2.1.2Created with Raphaël 2.1.2Celebrating the iconic 370Z, the Nissan Project Clubsport 23 is an ongoing parts development platform built with ultimate goal of creating a vehicle that owners could duplicate themselves using Nissan Motorsports or aftermarket parts. Created with Raphaël 2.1.2Created with Raphaël 2.1.2Celebrating the iconic 370Z, the Nissan Project Clubsport 23 is an ongoing parts development platform built with ultimate goal of creating a vehicle that owners could duplicate themselves using Nissan Motorsports or aftermarket parts. Created with Raphaël 2.1.2Created with Raphaël 2.1.2Celebrating the iconic 370Z, the Nissan Project Clubsport 23 is an ongoing parts development platform built with ultimate goal of creating a vehicle that owners could duplicate themselves using Nissan Motorsports or aftermarket parts. Created with Raphaël 2.1.2Created with Raphaël 2.1.2Celebrating the iconic 370Z, the Nissan Project Clubsport 23 is an ongoing parts development platform built with ultimate goal of creating a vehicle that owners could duplicate themselves using Nissan Motorsports or aftermarket parts. Created with Raphaël 2.1.2Created with Raphaël 2.1.2Celebrating the iconic 370Z, the Nissan Project Clubsport 23 is an ongoing parts development platform built with ultimate goal of creating a vehicle that owners could duplicate themselves using Nissan Motorsports or aftermarket parts. Created with Raphaël 2.1.2Created with Raphaël 2.1.2Celebrating the iconic 370Z, the Nissan Project Clubsport 23 is an ongoing parts development platform built with ultimate goal of creating a vehicle that owners could duplicate themselves using Nissan Motorsports or aftermarket parts. Created with Raphaël 2.1.2Created with Raphaël 2.1.2Celebrating the iconic 370Z, the Nissan Project Clubsport 23 is an ongoing parts development platform built with ultimate goal of creating a vehicle that owners could duplicate themselves using Nissan Motorsports or aftermarket parts. The Rolls-Royce Boat Tail may be the most expensive new car ever Finally, Nissan has said that it might actually offer the Clubsport 23 as a factory-available kit to turn your car into “the ultimate track Z car,” and that its own model would be used as a testbed for OEM and aftermarket performance parts. PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | Driving.ca virtual panelPlayThese spy shots get us an early glimpse of some future models | Driving.ca Trending Videos RELATED TAGS370ZNissanNon-LuxuryNew VehiclesNon-Luxury advertisement Created with Raphaël 2.1.2Created with Raphaël 2.1.2 Celebrating the iconic 370Z, the Nissan Project Clubsport 23 is an ongoing parts development platform built with ultimate goal of creating a vehicle that owners could duplicate themselves using Nissan Motorsports or aftermarket parts. center_img See More Videos Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” Nissan has built a special one-off 370Z with a 400-horsepower Infiniti engine, and it’s gotten us pretty excited for a new generation of the sports car, even if it is just a toy built for SEMA.There are too many details to list here, but we’ll run down some of the most important.Nissan Motorsports calls it the Project Clubsport 23, and to build it all they had to do was slap the twin-turbo 3.0-litre V6 from an Infiniti Q60 Red Sport 400 into their soon-to-be-last-generation sports car, and bam! You’ve got a winner. COMMENTSSHARE YOUR THOUGHTS Trending in Canada We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. ‹ Previous Next ›last_img read more

So Fast It Hertz: GMC teams with Ganassi to take Hummer EV off-road racing

first_img RELATED TAGSHUMMERPickup TruckFlexElectric CarsElectric VehiclesNew VehiclesChip Ganassi RacingElectric VehicleEVExtreme EFlexhummerInstagramRacing “It’s truly an honor,” said Chip Ganassi, CGR team owner. “The new GMC Hummer EV is going to be a game-changer in terms of how the world views off-road EV capability, and we couldn’t be more proud to represent GMC in such an innovative new series.”The inaugural Extreme E season is comprised of five events, starting in April, none of which are on North American soil. It does, however, run a gamut of off-road surfaces ranging from the Arctic X Prix in Greenland (yes, Greenland) to a Desert X Prix in Saudi Arabia. Also on tap are so-called Ocean and Amazon events in Senegal and Brazil, respectively. The year is capped off in December with a Glacier X Prix in Patagonia.RELATED ‹ Previous Next › Reservations are being taken for select trims of GMC’s new EV which is scheduled to launch with initial production this fall, though it won’t hit Canadian soil until autumn 2022. This pickup will be a fully electric addition to GMC’s portfolio, powered by General Motors’ new Ultium battery system, one whose drivetrain will be offered in several configurations including a tri-motor setup providing what the brand is calling e4WD. It should be noted today’s press release continues to beat the drum of “11,500 lb-ft of torque” despite the protestations of anyone who passed basic math in high school. See More Videos We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. First Look: 2022 Lexus NX The sport-cute’s looks have been softened, but its powertrains and infotainment offerings have been sharpened COMMENTSSHARE YOUR THOUGHTScenter_img PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | Driving.ca virtual panelPlayThese spy shots get us an early glimpse of some future models | Driving.ca New Vehicles Lamborghini’s Urus ST-X to get its own race seriesby Alex Reid | October 28, 2019 advertisement Trending in Canada The Rolls-Royce Boat Tail may be the most expensive new car ever Trending Videos As proven by outlandish acceleration times and right-now torque, electric vehicles and fun need not be mutually exclusive concepts.In fact, a new international racing series called Extreme E will showcase off-road shenanigans with all-electric power. One of the entrants will be the new Hummer EV.GMC has announced a new multi-year sponsorship with Chip Ganassi Racing, marking the team’s first electric racing venture in the inaugural Extreme E season. They will deploy a machine that packs 550 electric ponies, draped in bodywork said to be ‘inspired’ by the GMC Hummer EV. This is our first clue that the machine pressed into racing duty isn’t actually the truck slated for sale to customers. last_img read more