Car sales in China plummeted 80 percent last month as <a href=https://www.stanley-cups.it>stanley italy</a> the coronavirus epidemic stopped people from going to dealerships, according to reports on Wednesday March 4 .The decline by the worlds largest auto market is expected to be the steepest drop of the year, the China Passenger Car Association CPCA said. China sold more than 21 million vehicles last year.Chinas car industry was already in a two <a href=https://www.cup-stanley-cup.ca>stanley mug</a> -year slump before by the virus outbreak. In March, dealership deliveries are anticipated to drop a <a href=https://www.stanley-germany.de>stanley quencher</a> bout 75 percent, which will result in a 40 percent drop in the first two months of 2020, the association said. Dealers returned to work gradually in the first three weeks of February and their showroom traffic is very low, CPCA told Reuters.To address the plummeting sales Chinese carmaker Geely 鈥?which owns black cab maker The London Electric Vehicle Company and Volvo 鈥?is joining Tesla, BMW and Mercedes-Benz in test-driving a new online service to kickstart sales in the country.The car can be driven directly to a customers home for a test drive. Geely calls it a contactless vehicle purchasing service.Toyota, Chinas largest foreign car maker, said it sold 23,800 Toyota and premium Lexus cars last month, down 70 percent from a year earlier.Chinas second-biggest foreign automaker, GM, said the Chinese auto industry will face serious challenges in the first quarter 2020, but is confident sales will perk up in the second quarter, Matt Tsien, president of China GM, said in a WeChat post Nqkx Apple Faces Manufactured Obsolescence Lawsuit
Singapore-based INVICTUS is聽leveraging IBM technology to develop <a href=https://www.stanleycup.pl>kubki stanley</a> an eProcurement platform, reports said Friday Mar <a href=https://www.stanleycup.pl>stanley cup</a> ch 17 .The FinTech is developing an Order, Logistics Payment platform in an effort to disrupt the procurement process and streamline ERP. INVICTUS offers more than an eProcurement platform, said the companys chairman, Lim Soon Hock, according to reports. We focus on taking the chronic pain out of the last mile of a transaction by expanding access to financing from third-party liquidity providers in addition to banks. Through our blockchain smart contract technologies and working collaboratively with IBM, we hope to disrupt this last mile by enabling secure and cashless financing as early as the PO stage. IBMs Bluemix Garage, a support system for developers and entrepreneurs, is lending its resources in Singapore to INVICTUS to develop a prototype of its solution using Hyperledger Fabric technology. The company said it will target streamlining transactions between SMEs, suppliers and banks. Blockchain technology presents opportunities for disruptive innovation, stated I <a href=https://www.stanleycups.cz>stanley termohrnek</a> BM Blockchain Bluemix Garage practice lead for ASEAN, Alan Lim, in another statement. It enables businesses to transact with less friction and more trust. Through IBM Blockchain, we are empowering businesses to digitize transaction workflow through a highly secure, shared and replicated ledger. We have seen significant success in the work we have done with startups and how it has ben