Historic Automobile Group
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Historic Automobile Group
The Historic Automobile Group International (HAGI) is a London-basein the area of rare historic motorcars and collectors’ automobiles. HAGI is known for its classic car market indices, which have beecalculated since December 2008 based on a proprietary market capitalization formula called “survivor weighting”. Founded in 2007 HAGI has strong established links with members of the financial industry in London, Asia and North America, as well as the sector for historic motorcars. Founding members are Dietrich Hatlapa, a former managing director of ING Barings financial markets, Hardeep Sohanpal, a publishing expert and private aviation specialist. They were joined by David Selby, a senior writer and journalist in the classic car sector and index expert Bruce Johnson, an independent advisor to global financial companies and author o''The Hedge Fund Fraud Case Book'' The purpose of the research initiative is tin the sector and create the initial foundations for an investment inf ...
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Classic Car
A classic car is an older car, typically 25 years or older, though definitions vary.While other languages, such as German and Dutch, may refer to classic cars as "oldtimers", this usage is unknown in English, where "old-timer" refers to an elderly person. The common theme is of an older car of historical interest to be collectible and tend to be restored rather than scrapped. Classic cars are a subset of a broader category of "collector cars" (which includes both restored classic cars vehicles and newer exotic vehicles). A subset of what is considered classic cars are known as antique cars (manufactured before 1980) or vintage cars (manufactured pre-World War II). Organizations such as the Classic Car Club of America (CCCA) maintain lists of eligible unmodified cars that are called "classic". These are described as "fine" or "distinctive" automobile, either American or foreign built, produced between 1915 and 1948. Post-World War II "classic cars" are not precisely defined an ...
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ING Barings
Barings Bank was a British merchant bank based in London, and one of England's List of oldest banks in continuous operation, oldest merchant banks after Berenberg Bank, Barings' close collaborator and German representative. It was founded in 1762 by Sir Francis Baring, 1st Baronet, Francis Baring, a British-born member of the German-British Baring family of merchants and bankers. The bank collapsed in 1995 after suffering losses of £827 million (£ billion in ) resulting from fraudulent investments, primarily in futures contracts, conducted by its employee Nick Leeson, working at its office in Singapore. History 1762–1889 Barings Bank was founded in 1762 as the John and Francis Baring Company by Sir Francis Baring, 1st Baronet, with his older brother John Baring (1730–1816), John Baring as a mostly silent partner. They were sons of Johann Baring, John (né Johann) Baring, wool trader of Exeter, born in Bremen, Germany. The company started business in offices off Cheapsid ...
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Ferrari
Ferrari S.p.A. (; ) is an Italian luxury sports car manufacturer based in Maranello, Italy. Founded by Enzo Ferrari (1898–1988) in 1939 from the Alfa Romeo racing division as ''Auto Avio Costruzioni'', the company built its first car in 1940, and produced its first Ferrari-badged car in 1947. Fiat S.p.A. acquired 50% of Ferrari in 1969 and expanded its stake to 90% in 1988. In October 2014, Fiat Chrysler Automobiles (FCA) announced its intentions to separate Ferrari S.p.A. from FCA; as of the announcement FCA owned 90% of Ferrari. The separation began in October 2015 with a restructuring that established Ferrari N.V. (a company incorporated in the Netherlands) as the new holding company of the Ferrari S.p.A. group, and the subsequent sale by FCA of 10% of the shares in an IPO and concurrent listing of common shares on the New York Stock Exchange. Through the remaining steps of the separation, FCA's interest in Ferrari's business was distributed to shareholders of FCA, ...
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Mercedes-Benz
Mercedes-Benz (), commonly referred to as Mercedes and sometimes as Benz, is a German luxury and commercial vehicle automotive brand established in 1926. Mercedes-Benz AG (a Mercedes-Benz Group subsidiary established in 2019) is headquartered in Stuttgart, Baden-Württemberg, Germany. Mercedes-Benz AG produces consumer luxury vehicles and commercial vehicles badged as Mercedes-Benz. From November 2019 onwards, Mercedes-Benz-badged heavy commercial vehicles (trucks and buses) are managed by Daimler Truck, a former part of the Mercedes-Benz Group turned into an independent company in late 2021. In 2018, Mercedes-Benz was the largest brand of premium vehicles in the world, having sold 2.31 million passenger cars. The brand's origins lie in Daimler-Motoren-Gesellschaft's 1901 Mercedes and Carl Benz's 1886 Benz Patent-Motorwagen, which is widely regarded as the first internal combustion engine in a self-propelled automobile. The slogan for the brand is "the best or nothing". Hi ...
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Porsche
Dr. Ing. h.c. F. Porsche AG, usually shortened to Porsche (; see #Pronunciation, below), is a German automobile manufacturer specializing in high-performance sports cars, SUVs and sedans, headquartered in Stuttgart, Baden-Württemberg, Germany. The company is owned by Volkswagen Group, Volkswagen AG, a controlling stake of which is owned by Porsche Automobil Holding SE. Porsche's current lineup includes the Porsche Boxster/Cayman, 718 Boxster/Cayman, Porsche 992, 911 (992), Porsche Panamera, Panamera, Porsche Macan, Macan, Porsche Cayenne, Cayenne and Porsche Taycan, Taycan. History Origin Ferdinand Porsche (1875–1951) founded the company called "Dr. Ing. h. c. F. Porsche Gesellschaft mit beschränkter Haftung, GmbH" with Adolf Rosenberger and Anton Piëch in 1931. The main offices was at Kronenstraße 24 in the centre of Stuttgart. Initially, the company offered motor vehicle development work and consulting, but did not build any cars under its own name. One of the first as ...
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Octane (magazine)
''Octane'' is a British car magazine, published monthly, and concentrating on classic and performance cars. It was launched in 2003, and is now published by Autovia Limited. The magazine features news, road tests and buyers guides of both classic cars and some modern performance cars. It also has an "For Sale" section that lists cars from all around the world. It has a cover price of £4.70 in the United Kingdom, and sells an average of 35,000 copies. The Octane office is situated in Wollaston, Northamptonshire. History ''Octane Magazine'' was launched in May 2003, following a chance meeting between David Lillywhite and Geoff Love. They were invited to a meeting to discuss the launch of a motoring magazine (eventually to be launched as ''Practical Performance Car''), but came away with the idea for a classic magazine that focused on the upper end of the market. A team was quickly put together consisting of Robert Coucher, previously editor of ''Classic Cars'' during its heyda ...
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Karl Ludvigsen
Karl E. Ludvigsen (born April 24, 1934) is a journalist, author, and historian of the automotive industry and motor sports. Personal life Karl E. Ludvigsen was born on April 24, 1934 in Kalamazoo, Michigan. He was the son of Elliot "Lud" Ludvigsen, an engineer and executive of Eaton Corporation. Karl Ludvigsen has been resident in England since 1980 and lives in Suffolk with his wife Annette. Education He graduated Cum Laude from Phillips Exeter Academy, and attended both the Massachusetts Institute of Technology, studying engineering, and Pratt Institute where he matriculated in industrial design. Career Military service In 1958–59, he served in the US Army Signal Corps in West Germany. Automotive industry Ludvigsen worked as a designer at General Motors in 1956, Ludvigsen planned experimental front-drive prototypes. He also worked on the design and development of heavy-duty truck transmissions in the engineering and experimental departments of the Fuller Manufa ...
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Royal Bank Of Scotland
The Royal Bank of Scotland plc (RBS; gd, Banca Rìoghail na h-Alba) is a major retail and commercial bank in Scotland. It is one of the retail banking subsidiaries of NatWest Group, together with NatWest (in England and Wales) and Ulster Bank. The Royal Bank of Scotland has around 700 branches, mainly in Scotland, though there are branches in many larger towns and cities throughout England and Wales. The bank is completely separate from the fellow Edinburgh-based bank, the Bank of Scotland, which pre-dates the Royal Bank by 32 years. The Royal Bank of Scotland was established in 1724 to provide a bank with strong Hanoverian and Whig ties. Following ring-fencing of the Group's core domestic business, the bank became a direct subsidiary of NatWest Holdings in 2019. NatWest Markets comprises the Group's investment banking arm. To give it legal form, the former RBS entity was renamed NatWest Markets in 2018; at the same time Adam and Company (which held a separate PRA banking ...
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Most Expensive Cars Sold In Auction
This is a list of the most expensive cars sold in public auto auctions through the traditional bidding process, that of those that attracted headline grabbing publicity, mainly for the high price their new owners have paid. On May 5, 2022, in a secret auction at the brand’s museum in Germany, Mercedes-Benz sold one of just two 1955 300 SLR Uhlenhaut coupes from its extensive collection of historical automobiles—which dates back to the earliest days of the car in the late 19th century. The sale, to a private buyer, was for 135 million euros ($142,769,250). It handily outstripped the previous record-setting $48.4-million sale of a 1962 Ferrari 250 GTO at a 2018 auction to become the most expensive car ever sold at auction. Both of these high-dollar sales were brokered by RM Sotheby’s. On June 1, 2018, it was announced that a 1963 Ferrari 250 GTO had sold for $70 million at a private auction, at the time a world record. The 1904 Rolls-Royce 10 hp Two-Seater is currently list ...
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Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a " Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sherid ...
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CNBC
CNBC (formerly Consumer News and Business Channel) is an American basic cable business news channel. It provides business news programming on weekdays from 5:00 a.m. to 7:00 p.m., Eastern Time, while broadcasting talk shows, investigative reports, documentaries, infomercials, reality shows, and other programs at all other times. Along with Fox Business and Bloomberg Television, it is one of the three major business news channels. It also operates a website and mobile apps, whereby users can watch the channel via streaming media, and which provide some content that is only accessible to paid subscribers. CNBC content is available on demand on smart speakers including Amazon Echo devices with Amazon Alexa, Google Home and app devices with Google Assistant, and on Apple Siri voice interfaces including iPhones. Many CNBC TV shows are available as podcasts for on-demand listening. Graphics are designed by Sweden-based Magoo 3D studios. CNBC is a divisi ...
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Octane Magazine
''Octane'' is a British car magazine, published monthly, and concentrating on classic and performance cars. It was launched in 2003, and is now published by Autovia Limited. The magazine features news, road tests and buyers guides of both classic cars and some modern performance cars. It also has an "For Sale" section that lists cars from all around the world. It has a cover price of £4.70 in the United Kingdom, and sells an average of 35,000 copies. The Octane office is situated in Wollaston, Northamptonshire. History ''Octane Magazine'' was launched in May 2003, following a chance meeting between David Lillywhite and Geoff Love. They were invited to a meeting to discuss the launch of a motoring magazine (eventually to be launched as ''Practical Performance Car''), but came away with the idea for a classic magazine that focused on the upper end of the market. A team was quickly put together consisting of Robert Coucher, previously editor of ''Classic Cars'' during its heyda ...
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