The Tragic Evolution Of Jose Bautista

The site near the new international terminal at Hartsfield-Jackson Atlanta International Airport is under contract for development by Jacoby Group, headed by Atlanta developer Jim Jacoby. It will office facilities for a work force that will eventually number 400 employees, including a technical service and training center, and a customer experience center that will feature a road course to test Porsche’s high-performing vehicles.

Porsche, which has maintained its U.S. headquarters in the Atlanta metro area for 13 years, will move from its current site in Sandy Springs 18 miles north of Atlanta. The new site, chosen after a more than year-long search that also included several out-of-state locations, will bring together all major U.S. sales, after sales and financial services capacities under one roof, said Detlev von Platen, president and CEO, Porsche Cars North America.

The new headquarters will house Porsche Financial Services, Inc., and Porsche Business Services, Inc., both currently located in Lisle, IL. Other Porsche businesses will also be included in the future.

Ford’s assembly plant in Hapeville, opened in 1947, was shuttered in 2006 as part of Ford’s “The Way Forward” restructuring plan made public the same year. Jacoby Development, Inc. acquired the site in 2008 to develop Aerotropolis Atlanta, a mixed-use project of up to 6.5 million square feet.

Keeping Porsche in the area is a big win for the area, said Atlanta Mayor Kasim Reed.

“The Porsche crest will be a perfect welcome sign to greet the hundreds of thousands of visitors and guests that land each day at the world’s busiest airport in Atlanta,” Reed said.

“It also sends a strong message to our dealers and our customers that we believe in the strength of the U.S. market and its future growth,” von Platen added. “At the same time, this decision demonstrates our commitment to the state of Georgia and the city of Atlanta to remain a vital part of this vibrant region.”

Porsche Cars North America (PCNA), the exclusive U.S. importer of Porsche sports cars, the Cayenne SUV and Panamera Gran Turismo, sold over 25,000 cars last year, up 33% over 2009. Established in 1984, it is a wholly-owned subsidiary of Porsche AG, headquartered in Stuttgart, Germany.

 

“Nag-iimbento sila ng kuwento. Niyurakan nila ang pagkatao ko. Huwag nilang ilihis ang isyu. Simpleng kaso ng pangongotong ang nangyari. Pinaghirapan ko na bilhin ang kotse, napag-tripan nila ako. Ipinaglalaban ko lang ang karapatan ko,” says Arnell Ignacio about the allegation of Atty. Carlos Pormento that his Porsche is a “hot car.” Pormento is the legal counsel of the three patrol officers sued by Ignacio for “grave misconduct, robbery, and intimidation.”

Jojo Gabinete

PEP EXCLUSIVE: Arnell Ignacio denies allegation that his Porsche is a “hot car”

Jojo Gabinete

Friday, May 13, 2011
08:54 PM

Rating

• 
• 
• 
• Share

Sinagot ni Arnell Ignacio ang akusasyon ni Atty. Carlos Pormento na “hot car” diumano ang kanyang luxury car na Porsche.

Si Atty. Pormento ang abugado ng tatlong pulis na kinasuhan ni Arnell ng grave misconduct, robbery, at intimidation. (CLICK HERE to read related story,)

Ayon kay Atty. Pormento, walang certificate of registration ng kotse ang dokumento na hawak ni Arnell.

May duda rin daw siya na posibleng sampung taon nang walang plate number ang Porsche ng komedyante dahil ini-release noong 2007 ang sasakyan, pero 1998 pa raw ito nakarehistro. 

Sa panayam kay Atty. Pormento ng ABS-CBN News, sinabi nito na walang mga papeles na dala si Arnel nang hulihin ito ng kanyang mga kliyente.

Dagdag niya, nang lumabas ang verification, pilipit umano ang mga dokumento dahil hindi ito tumutugma sa sasakyan.

Sinabi ng abugado ng mga akusado na may hinala siya na nagdemanda si Arnell para mapagtakpan daw ang anomalya sa kanyang sasakyan.

NOT A HOT CAR. Sa exclusive interview ng PEP.ph (Philippine Entertainment Portal) kay Arnell kaninang hapon, May 13, pinabulaanan nito ang mga bintang ni Atty. Pormento at ng mga akusado.

“Kumpleto ang papeles ng kotse ko,” diin niya.

“Naka-finance ang kotse ko at hindi maaaprubahan ng bangko ang aking car loan kung may problema.

“Huwag nila akong pagbintangan dahil makapal ang mga dokumento na hawak ko.

“Dumating sa Pilipinas ang sasakyan noong 1998 at 2006 nang bilhin ko.

“Hindi ako ang original owner, pero dinala ito sa akin ni Miguelito Jose ng PGA.

“Mahilig ako sa kotse kaya binili ko ang Porsche sa halagang P6.5 million, at ang Maybank ang nag-finance.

“Nag-release na rin ang LTO [Land Transportation Office] ng clearance na nagpapatunay na hindi hot car ang kotse ko.

“Kung hot car ang sasakyan ko, bakit mahal ang presyo? Bakit mahal ang tax na binayaran ko?

“Kung hot car ‘yon, ang ibig sabihin, nagkaroon kami ng connivance ng bangko at LTO?”

PURSUING THE CASE. Itinanggi rin ni Arnell na nagpunta sa bahay niya ang tatlong pulis na kinasuhan niya para tingnan kung totoo ang mga dokumento ng sasakyan niya.

Aniya, “Nagpunta sila sa bahay dahil sa P100,000 na hiningi nila sa akin.

“Puwede naman silang humingi sa akin ng pera na hindi nila ako kailangan na takutin.

Get showbiz news anytime, anywhere on your mobile! Just key in PEP ON and send to 4627. Available to all Sun, Globe, and Smart subscribers.

SymbolPriceChangeEBAY33.26-0.31{“s” : “ebay”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”}

SAN JOSE, Calif.–(BUSINESS WIRE)–
Thousands of car lovers turn to eBay Mobile to shop for cars, parts and
accessories. With today’s launch of the new, free eBay
Motors iPhone app, U.S. car owners and automobile enthusiasts now
have a tailored mobile shopping experience that allows them to bid on or
buy anything from rare parts to the latest in demand sports car –
virtually anytime, anywhere.

The free eBay Motors iPhone app makes car and parts and accessories
shopping easy with its “My Garage” feature that allows shoppers to add
vehicles from their collection or dream cars to the app. Users can
simply scan any Vehicle Identification Number (VIN) to automatically add
car details including year, make and model to My Garage. From My Garage,
car owners can easily shop the extensive eBay Motors inventory to find
matching parts and accessories for their specific vehicles in My Garage.

“The eBay Motors iPhone app allows users to scan a VIN, add a car to My
Garage to surface parts and accessories that fit their cars – making car
shopping easy and personalized,” said Steve Yankovich, eBay’s vice
president of mobile. “Motors purchases are already very popular on the
main eBay Mobile apps with 90,000 parts and accessories and 2,000 cars
purchased per week globally.”*

In 2011, eBay Mobile has seen momentum in motors shopping across the
globe:

• Globally, the total amount of vehicles sold via mobile in the first
  quarter of 2011 increased more than 160% compared to first quarter of
  2010. *
• Globally, the total number of parts and accessories sold in the first
  quarter of 2011 was nearly 250% higher than the first quarter of 2010.
  *
• In the U.S., sales of vehicles in the first quarter of 2011 were 110%
  higher than sales in the first quarter of 2010. *
• A $369,000 Porsche Carrera GT was the most expensive car sold. *
• California, Florida, Texas, New York and Pennsylvania are the top
  states for car purchases. *
• For more information, please refer to the eBay
  Motors Goes Mobile infographic.

eBay Motors iPhone App Key Features:

• My Garage feature saves shoppers’ car collection and dream
  vehicles.
• VIN scanning quickly adds any vehicle to My Garage, using
  scanning technology powered by RedLaser.
  The car’s year, make and model will populate – simply hit “edit” to
  add additional photos and details.
• Part Finder will surface the parts and accessories that match
  cars listed in My Garage.
• Integrated with eBayMotors.com My
  Vehicles for a seamless My Garage experience online and on the
  iPhone.
• Access vehicle history information with free Experian AutoCheck
  Vehicle History Reports.
• Customized home screen slideshow surfaces eBay Motors listings.
  Simply input keywords, categories, models or a price range and the
  slideshow will match shoppers’ preferences – whether it is sports
  cars, classic hot rods or even minivans!
• Save searches tailored to vehicles interested in or owned – any
  eBay listing can be saved to My Garage Dream Vehicles.
• Ask Seller Question option in every listing to contact the car
  owner or dealer directly.
• Photo galleries in each listing allow users to view dozens of
  seller photos to see cars inside and out.
• Advanced search for cars trucks or parts helps users to find
  just what they are looking for.
• My eBay instant access to stay current on all your buying and
  selling activities.
• Share listings with your social network through Facebook,
  Twitter or email.

For more information on the eBay
Motors iPhone app, visit, mobile.ebay.com/motors.
To download the app for free, visit the Apple
iTunes® store, only available in the U.S.

About eBay Mobile

eBay launched its first application for the iPhone in July 2008 and has
since become a leader in mobile commerce. Its core iPhone application,
which is available free via iTunes in eight languages and 190 countries,
has been downloaded more than 18 million times and allows users to fully
browse and buy without leaving the application. The eBay app for the
iPad™ debuted in the top ten most downloaded free iPad® apps in the
iTunes Store and delivers a dramatically different, visually compelling
shopping experience to browse and purchase the vast selection of
products available on eBay. eBay’s suite of mobile apps, including
RedLaser, Selling, Classifieds and StubHub, make selling and buying
possible virtually anywhere, anytime. In 2010, eBay’s mobile gross
merchandise volume (GMV) — the value of all goods sold — was nearly $2
billion. eBay expects to generate $4 billion in GMV through mobile
commerce in 2011.

eBay Inc.’s PayPal™ division has been delivering mobile payments since
2005 and has a mobile app for iPhone®, Android™, BlackBerry® and Nokia
phones, as well as SMS and WAP-based payments solutions. PayPal offers
merchants an easy way for shoppers to checkout on mobile websites via
Mobile Express Checkout and mobile developers can use PayPal for in-app
payments using PayPal’s Mobile Payments Library. In 2010, $750 million
in payments were transacted over PayPal’s mobile applications. PayPal
expects to almost triple mobile payment volume in 2011 to more than $2
billion and grow to more than $7.5 billion by 2013. For more information
on eBay mobile, visit mobile.ebay.com.

About eBay Motors

eBay
Motors, a part of eBay Inc., is the Internet’s largest marketplace
for buying and selling all things automotive. The site offers everyday
cars for everyday drivers, as well as collector cars, motorcycles, auto
parts and accessories. eBay Motors is consistently ranked the No. 1
automotive site on the Web by comScore.¹

¹comScore, MediaMetrix

*Data first quarter 2011

Designated trademarks are the property of their respective owners.

Forward Looking Statement

This announcement contains forward-looking statements relating to the
future performance of eBay’s businesses that are based on its current
expectations, forecasts and assumptions. These statements include, but
are not limited to, statements regarding future growth in mobile
commerce. Those statements involve risks and uncertainties, and actual
results may differ materially from those discussed. Factors that could
cause or contribute to such differences include, but are not limited to,
consumer acceptance and use of eBay’s mobile applications.

Funchal Equity Partners Fund generally looks to invest amounts from $50 million up to $500 million in Brazilian listed companies with consistent trading volumes for a variety of activities including working capital, acquisitions and other growth opportunities.

Fund spokesperson Alex Chaia says the fund focuses on equity investments in public companies as well as private companies that will be listed on a securities exchange within six months of a funding commitment.

“Unlike hedge funds which have significant regulatory burdens exposing their investors to higher risks, Funchal Partners Fund is able to act quickly, is more flexible when it comes to structuring an investment and has less regulatory burdens,” Mr. Chaia says.

“The fund has no outside investors and is considered a private fund run by its principals, similar to a merchant bank that invests its own capital and as such it is seeking capital appreciation through the identification and funding of liquid growth companies.

“The fund will approach various companies such as manufacturing, construction, professional services, healthcare and finance who are all looking for growth or acquisition funding which is difficult to find given current global economic conditions.”

The fund’s investment guidelines, apart from a company’s size and liquidity, require them to have exceptional management and long-term sustainable growth opportunities with the potential to achieve significant milestones over a developmental period.

“While applicants should expect to be able to meet our due diligence requirements, our funding arrangements are much simpler than many other avenues such as rights issues and other underwritten issues,” Mr. Chaia says.

“Ultimately once a company satisfies our requirements we send proposed investment terms and explain the steps required for the company to ultimately obtain the requested funding.

“In volatile and uncertain equity markets this pre-qualification and pre-agreed funding arrangement is superior in most circumstances.”

To enquire about Funchal Equity Partners Fund go to http://www.equitypartnersfund.com and http://www.FunchalEquityPartnersFund.com

]]> http://www.porsche-car.com/porsche-cayman/funchal-equity-partners-fund-launches-in-brazil-to-fund-listed-companies/feed/ 0