Anticipating the rapid development of the Chinese market, many global luxury brands are trying to regain direct control by buying back their operations from their Chinese business partners.

Although permanent drive-in cinemas are still in existence in some places around the globe, permanent and temporary drive-ins in London and the UK in general are extremely rare due to limited space. But for two days this summer, the drive-in is in London – thanks to a man named Damian Barr and the car manufacturer Volvo. Barr spoke to a number of car companies and found that Volvo was the right fit for his unique project named Starlite Urban Drive In. "We wanted a partner, not a sponsor who just wanted to slap a big logo on everything”, said Barr. “Volvo were very hands-off and genuinely wanted us to be creative.”

24/7 Wall Street, an online news and opinion operation, has published its annual list of brands that will disappear by the end of this year. The list is based on a review of each company’s financial situation, operating data, current and ongoing value of its brand, and whether the company that controls that brand can sell its assets.

As the most competitive auto market with 102 existing brands, China is welcoming its 103rd brand—Baojun, meaning “treasured horse”. This new line of inexpensive passenger cars is a joint venture between General Motors, Shanghai Automotive Industry Corporation and Wuling Motors. The Baojun brand will be sold at Wuling dealerships throughout China.