 |
Dutch funding set to boost UNCTAD’s work on e-commerce and the digital economy
05.11.2020: African e-commerce ambitions lifted by Dutch funding
Generous grant from the Netherlands will boost Africa-wide ambitions to benefit from e-commerce and provides concrete support to its least developed countries.
|
African e-commerce ambitions lifted by Dutch funding

Generous grant from the Netherlands will boost Africa-wide ambitions to benefit from e-commerce and provides concrete support to its least developed countries.
Digitalization is a gamechanger for the African continent’s e-commerce entrepreneurs, but not all its nations have an enabling environment to benefit from the digital economy. New funds from the Netherlands aim to change that.
This week the Dutch government announced additional funding of $1.5 million for UNCTAD’s eTrade Readiness Assessments, more than doubling its financial support to the organization’s work on e-commerce and the digital economy for the 2021 to 2022 period.
“The Dutch contribution is particularly welcome in view of the COVID-19 pandemic, which has shown the importance of e-commerce and of scaling up efforts to help countries that are trailing behind in the digital economy to catch up,” said Shamika Sirimanne, UNCTAD’s director of technology and logistics.
The support will provide UNCTAD, the UN's trade and development body, with the funds to help selected African countries strengthen their readiness to engage in and benefit from e-commerce.
The Dutch funding will help more countries to design national e-commerce strategies, improve the measurement of e-commerce and the digital economy, and develop stronger legal and regulatory frameworks for e-commerce.
Helping the least developed to level up
UNCTAD’s eTrade Readiness Assessments are a cornerstone of its digital economy programme. They provide up-to date diagnostics of how least developed countries (LDCs) and other developing countries are harnessing the potential of the digital revolution for e-commerce, trade and development.
The assessments identify the critical weaknesses in the e-commerce ecosystems and propose concrete actions for governments to improve the situation. For most LDCs, the assessments are the first comprehensive set of information and analysis needed to better formulate their policy priorities and needs for development assistance in the area of e-commerce.
“The pandemic shows us the need to step up our efforts to build more inclusive, resilient and sustainable economies. We believe eTrade provides great opportunities for developing countries and vulnerable groups to access new markets and to help improve economic and social outcomes,” said Steven Collet, director of sustainable economic development in the Netherlands’ ministry of foreign affairs.
“We partner with UNCTAD to support countries in reaping the benefits from digitalization,” he added.
The Netherlands has actively supported the eTrade for all initiative and its eTrade for Women spin-off for the past two years. These innovative and collaborative efforts have laid the ground for increased synergies among partners to bridge digital divides and promote more gender-inclusive digital policymaking.
The new funding will allow UNCTAD to scale up its support to selected African LDCs and complement current efforts that are supported by Germany, also a core donor to UNCTAD’s work in this area.
UNCTAD Geneva also logo
Permanent-URL:
|
BMW Group confirms outlook for 2020 – significantly improved performance in third quarter
04.11.2020
|
Zipse: “Third-quarter performance underlines BMW Group’s operational strength” - Peter: “We are in an intense cost competition” - Profit before tax in Q3 rises to approximately € 2.5 billion - Return on sales of 9.4% in Q3 - Free cash flow in Q3 exceeds € 3 billion - EBIT marg more >> |
American Honda Reports October Sales Results
03.11.2020
|
Sales of Acura cars increased 9.1% in October, fueled primarily by robust sales of the TLX (up 8.1%) as the all-new 2021 model completed its first full month on the market Honda Passport sa more >> |
NIO Inc. Provides October 2020 Delivery Update
03.11.2020
|
Company Achieved New Record-High Monthly Deliveries
• NIO delivered 5,055 vehicles in October 2020, increasing by 100.1% year-over-year • NIO delivered 31, more >> |
Kia Motors announces October global sales
02.11.2020
|
October global sales at 265,714 units, up 6.1% y/y Korea sales increased 1.8% to 48,009 units Sales outside of Korea climbed 7% to 217,705 units Kia expects strong sales momentum t more >> |
Goodyear Reports Third Quarter 2020 Results
31.10.2020
|
– Volume improved throughout the third quarter; total unit volume down 9% versus 2019– Third quarter working capital significantly better than expected; source of cash for the quarter– Cash and liquidity position maintained; $4.2 billion available at quarter end– Strong net cost savings in the third quarter, including ben more >> |
Skoda Auto achieves operating profit of 469 million euros in first three quarters of 2020
30.10.2020
|
ŠKODA AUTO delivers 721,900 vehicles to customers worldwide from January to September despite the coronavirus pandemic ŠKODA AUTO Group* sales revenue exceeds 12 billion euros in the first three quarters, with a return on sales of 3.9% Clearly positive operating profit of 469 million more >> |
Ducati records the best third quarter ever despite the complex global situation
30.10.2020
|
The third quarter closed with 14,694 total motorcycles delivered worldwide
A total of 4,468 motorcycles were delivered in September, of which the Panigale, Ducati Scrambler and Mul more >> |
Harris Williams Advises Parts Authority on its Sale of a Majority Interest to Kohlberg & Company, LLC
30.10.2020
|
Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised Parts Authority, a portfolio company of The Jordan Company (TJC), on its sale to Kohlberg & Company, LLC (Kohlberg).
Parts Authority is a more >> |
Volkswagen brand recovers from Covid-19 slump in third quarter and confirms outlook
30.10.2020
|
Third-quarter deliveries almost on a level with previous year; year-to-date decline of 18.6 percent Sales revenue of EUR 47.2 billion in the first nine months; rate of year-on-year decline has narrowed to –27.9 percent after three quarters Return to profitable territory in third quarter, nine-month operating result before special ite more >> |
Audi Group achieves breakeven thanks to strong third quarter - report
30.10.2020
|
Strong third quarter: deliveries and revenue up year-on-year, operating profit clearly positive
First nine months: 1.2 million Audi brand vehicles delivered, revenue of €33.3 more >> |
Porsche records operating result of two billion euros
30.10.2020
|
Success in uncertain times: 10.4 percent return on sales
In the first three quarters of 2020, Porsche generated an operating result of 2.0 billion euros despite the worldwide coronavirus pandemic. With revenue of 19.4 billion euros, more >> |
UK Car production falls -5.0% in worst September since 1995
30.10.2020
|
... as industry issues plea for vital Brexit deal UK car manufacturing output falls -5.0% in September to 114,732 units – the lowest level for 25 years. Exports decline -9.7% to 8 more >> |
British engine production declines -2,4% in weakest September since 2014
30.10.2020
|
UK ENGINE MANUFACTURING data for September 2020 216,643 UK engines built in September as output declines -2.4%, marking worst September since 2014 1. Production for domestic and overseas markets fal more >> |
MITSUBISHI MOTORS Announces Production, Sales and Export Figures for September 2020 and First Half of Fiscal 2020
29.10.2020
|
September 2020 Fiscal Year 2020 (20/4-20/9) Calendar Year 2020 (20/1-20/9) Volume(unit) YoY(%) Volume(unit) YoY(%) Volume(unit) YoY(%) more >> |
Groupe PSA announces the successful completion of the sale of part of its stake in Faurecia
29.10.2020
|
Groupe PSA announces the successful completion of the sale of part of its stake in Faurecia
IMPORTANT NOTICE By reading the following communi more >> |
Groupe PSA announces the launch of the sale of part of its stake in Faurecia
28.10.2020
|
Peugeot S.A. (“Groupe PSA”) launches today the sale of 9,663,000 Faurecia shares, representing approximately 7% of Faurecia’s share capital, further to the press release published by Groupe PSA earlier today relating to the merger process between Fiat Chrysler Automobiles N.V. (“FCA”) and Groupe PSA. more >> |
FCA and Groupe PSA Boards note continued progress towards merger completion and agree additional steps
28.10.2020
|
...including in respect of Faurecia stake distribution to Stellantis shareholders Fiat Chrysler Automobiles N.V. (" FCA ") (NYSE : FCAU/MTA : FCA) and Peugeot S.A. (“Groupe PSA”) continue to advance towards the completion of their proposed combination more >> |
Groupe PSA Q3 2020 Auto revenue: back to growth
28.10.2020
|
• Automotive division[1] revenue up 1.2% at €12 billion driven by a recurring strong product mix and pricing policy;• Group revenue down 0.8% at €15.5 billion;• Success of recent launches with an increasing mix of electrified versions contributing to CO2 leadership;&b more >> |
UNCTAD - Global foreign direct investment falls 49%, outlook remains negative
27.10.2020
|
The biggest drops occurred in developed countries, cutting across all major forms of foreign direct investment.
Global foreign direct investment (FDI) flows fell 49% in the first half of 2020 compared to 2019, more >> |
Lexus records one million sales in Europe
26.10.2020
|
Landmark achievement falls in Lexus’ 30th anniversary year in Europe* Brand debuted with a single model in 1990 Today’s success founded on self-charging hybrid electric power, distinctive styling and industry-leading customer care and service more >> |
Kia Motors announces Q3 2020 business results
26.10.2020
|
Q3 revenue increased 8.2% Y/y to KRW 16.32 trillion
Global vehicle sales totaled 699,402 units in Q3, down 0.4% Y/y Q3 operating profit declined 33% to KRW 19 more >> |
Renault Group Revenues of €10,374 million in the third quarter of 2020
23.10.2020
|
Group revenues reached €10,374 million (-8.2%) in the quarter. At constant exchange rates and perimeter[1], the decrease would have been -3.2%. The Group sold 806,320 vehicles in the third quarter, down 6.1%. September showed a positive momentum, particularly marked in Europe, where Group&rsq more >> |
Karin Radström takes over management of Mercedes-Benz Trucks on 1 February 2021
22.10.2020
|
Karin Rådström will start her appointment as Member of the Board of Management, Daimler Truck AG, responsible for Mercedes-Benz Trucks, on 1 February 2021. Rådström most recently has been responsible for more >> |
Hyundai Motor rises to top five Automotive Brands in Interbrand's 2020 Global Brand Ranking
20.10.2020
|
Hyundai’s Global Brand Value rose 1 percent year-on-year to $14.3 billion, ranking fifth among global automotive brands and 36th overall
Hyundai more >> |
Ad-hoc announcement: Preliminary free cash flow for the Automotive segment of BMW AG in the third quarter of 2020 above
19.10.2020
|
The preliminary free cash flow for the Automotive segment of BMW AG in the third quarter 2020 amounts to €3,065 million (previous year: €714 million) and thus exceeds current market expectations. This was due in particular to a faster recovery in more >> |
Porsche reports robust demand in the first nine months
16.10.2020
|
Cayenne and 911 increasingly popularIn the first three quarters of 2020, Porsche delivered 191,547 vehicles to customers worldwide. Compared to the same period in the previous year, this was a reduction of five percent. “Porsche is demonstrating resili more >> |
Volkswagen Group invests in automation for Emden, Hannover and Chattanooga plants
15.10.2020
|
Volkswagen Passenger Cars and Volkswagen Commercial Vehicles brands step up pace of transformation to e-mobility era More than 2,200 new robots ordered for planned production of electric cars at Emden, Hanover and Chattanooga These are to become the most advanced production plants in the industry more >> |
Euisun Chung Inaugurated as Chairman of Hyundai Motor Group, Opening a New Chapter in History
14.10.2020
|
Chairman Mong-Koo Chung inaugurated as Honorary Chairman of the Group Inauguration unanimously endorsed by board members of Hyundai Motor, Kia Motors and Hyundai Mobis Euisun Chung has been recognized for successful leadership as Executive Vice Chairman of the Group over past two years more >> |
Toyota Motor Europe outperforms the market as more customers choose hybrid
14.10.2020
|
TME sales rebound with 715,081 vehicles sold between Jan-Sept 2020, down -15% but outperforming the market which fell by -25% Strong customer demand for its hybrid line-up increased share to 6.1%, up by 0.8 ppts Multi-powertrain strategy boosted by launches of New Yaris Hybrid, RAV4 Plug-in Hybrid more >> |
Daimler and Swiss Re launch new company Movinx to transform automotive and mobility insurance business
12.10.2020
|
Movinx is a 50/50 joint venture of Daimler Insurance Services and Swiss Re.
Partners aim to transform and innovate automotive and mobility insurance with fully digital business model an more >> |
BMW Group posts solid third-quarter sales growth
07.10.2020
|
BMW Group sells 675,680 units in third quarter (+8.6%) - Europe region delivers 275,618 vehicles to customers in Q3 (+7.1%) - China up 6.4% after first nine months (559,681 vehicles) - Sales situation still reflects regional impact of coronavirus pandemic - Pieter Nota: “Sales growth of almost 50 percent for electrified vehicle more >> |
New Mercedes−Benz strategy announced − targeting structurally higher profitability
06.10.2020
|
New Mercedes-Benz strategy for the car business unveiled today at a virtual investor and analyst conference. The new strategy will enhance the Mercedes-Benz brand’s luxury status, raise the product portfolio’s posit more >> |
Mitsubishi Motors South Africa increases market share in a tough market with the launch of the new Pajero Sport
06.10.2020
|
• Mitsubishi Motors South Africa improves sales thanks to most stylish Pajero Sport to date• Mitsubishi claims market share in incredibly competitive segments• New Pajero Sport Exceed plays a major role in increased sales more >> |
NIO Inc. Provides September and Third Quarter 2020 Delivery Update
06.10.2020
|
Company Achieved New Record-High Monthly and Quarterly Deliveries NIO delivered 4,708 vehicles in September 2020, increasing by 133.2% year-over-yearNIO delivered 12,206 vehicles in the three months ended September 2020, increasing by 154.3% year-over-yearNIO began deliveries of the EC6 in late September 2020 more >> |
Kia Motors announces September global sales
05.10.2020
|
September global sales at 260,023 units, up 10.3 percent y/y Korea sales increased 21.9 percent y/y to 51,211 units Sales outside of Korea climbed 7.7 percent y/y to 208,812 units Kia expects strong sales momentum to continue in the second half with expanded SUV line more >> |
A record September for Automobili Lamborghini
02.10.2020
|
Automobili Lamborghini has achieved a record September in terms of commercial results with 738 units delivered to customers in one month: its best September ever. A consistently positive trend over the last three months resulted in 2,083 units delivere more >> |
Strong September Sales for Honda and Acura Adds to Momentum Gained in 3rd Quarter
02.10.2020
|
Honda brand sales climb 11% as trucks set September record with 20.4% jump Honda Passport and CR-V set September sales records, gaining 48.1% and 29.6% respectively Acura September sales increased 16.6% on strong performances from MDX, RDX and ILX more >> |
BMW of North America Reports Q3 2020 Sales Results
02.10.2020
|
Consumer Demand for BMW Brand Vehicles Outpaces Projections. High-Percentage of New Vehicles Arriving Pre-Sold to Customers. Sales Momentum Built Throughout the Quarter Ending with a Record September. BMW of North America announced today Q3 2020 sales results for th more >> |
MITSUBISHI MOTORS Announces Production, Sales and Export Figures for August 2020
30.09.2020
|
August2020 Fiscal Year 2020 (20/4-20/8) Calendar Year 2020 (20/1-20/8) Volume(unit) YoY(%) Volume(unit) YoY(%) Volume(unit) YoY(%) more >> |