Tag Archives: Middle East

Lexus’ Intersect Flagship Store Doesn’t Sell Cars

Lexus’ new design language—a car showroom without any cars in it. This concept store was first opened in Tokyo’s  Aoyama district a couple of years ago. The Intersect by Lexus store is described as the brand’s flagship store that doesn’t actually sell any cars. It’s neither a dealership nor a retail space, but rather simply a multifunctional social space where

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Toyota Thailand Sees Better Days Ahead

Toyota Motor Thailand sees green shoots for the domestic market, although improvements aren’t likely to be seen before 2017. After a flat first half of the year, the automaker, which dominates the Thai landscape with an almost one-third market share, projects full-year industry sales to come in at around 740,000 vehicles, 7.5% down from last year. Toyota Motor Thailand President

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Daimler’s Blacklane is Expanding Globally

The German car-booking service Blacklane has raised its largest-yet financing round, in an eight-figure Series C round. What’s particularly interesting about this round is that it was led by existing investor Daimler, which wants Blacklane to expand its global business. Daimler (or more specifically its Daimler Financial Services business) is very active on the mobility services front at the moment.

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