Latest news with #Prestige
Forbes
3 days ago
- Business
- Forbes
Gordon & MacPhail To Release The World's Oldest Scotch Whisky
G&M Cask 336, distilled in February 1940 and emptied on 5 February 2025holds the world's oldest Scotch whisky Photo, courtesy Gordon & MacPhail In a historic move, Gordon & MacPhail, the iconic whisky producer and independent bottler based in Elgin, Scotland, has announced the upcoming release of the world's oldest single malt Scotch whisky. This extraordinary expression, distilled at Glenlivet Distillery and matured for 85 years, is set to be unveiled in October 2025. The release marks a collaboration with acclaimed American architect and designer Jeanne Gang, blending fine Scotch whisky with modern design. On February 3, 1940, George Urquhart and his father John, the visionaries behind Gordon & MacPhail, made the bold decision to lay down spirit from the Glenlivet Distillery in a custom American oak cask. Known affectionately as 'Mr. George,' George Urquhart had no intention of tasting the whisky himself. Instead, his goal was to create a legacy—an enduring gift to future generations. By February 1940, distillers like The Glenlivet and bottlers such as Gordon & MacPhail faced severe barley shortages due to the British government's decision to prioritize existing barley stocks for food and animal feed. Many distilleries either slowed down or halted whisky production entirely. The fact that Gordon & MacPhail stored a cask of Glenlivet in February 1940 — during a time when barley was rationed — makes the decision even more impressive. It demonstrates both foresight and confidence in the long-term value of aging whisky, despite the uncertainties of wartime. After 85 years of aging—longer than any single malt Scotch whisky in history—the cask, numbered 336, was finally emptied on February 5, 2025. The outcome: only 125 bottles of this rare spirit, bottled with Gordon & MacPhail's signature precision and expertise. Stephen Rankin, Gordon & MacPhail Director of Prestige & fourth generation family member Photo, courtesy Gordon & MacPhail Stephen Rankin, Director of Prestige and a fourth-generation member of the family business, describes the whisky as 'a rare and remarkable creation'. He added, 'bottled at 43.7% ABV, the whisky represents a living piece of history. Its long maturation, combined with the cask's influence and scarcity, creates a profile of extraordinary depth and complexity.' According to Rankin, 'for over 130 years, Gordon & MacPhail has been committed to producing single malt Scotch whisky of unmatched quality. Through four generations, the company has curated casks for spirits from more than 100 Scottish distilleries. Their philosophy has always been to wait—not to release a whisky until it reaches the precise moment of perfection, guided by over a century of accumulated expertise.' To honor the legacy of John and George Urquhart, Gordon & MacPhail collaborated with Jeanne Gang, an award-winning architect known for her innovative design approach. The theme of their partnership, 'Artistry in Oak,' reflects the brand's respect for time, material, and craftsmanship. Jeanne Gang Photo, courtesy Gordon & MacPhail Gang drew parallels between architecture and whisky-making, noting that both disciplines depend heavily on material integrity and the passage of time. Her decanter design, set to be unveiled in October 2025, aims to blend these ideas into a fitting vessel for the world's oldest whisky. Decanter #1 will be auctioned by Christie's New York in November 2025, with proceeds—after costs—benefiting American Forests, the oldest national nonprofit conservation organization in the U.S. The donation will support sustainable American oak tree restoration, reinforcing Gordon & MacPhail's dedication to a lasting environmental legacy. 'Given the importance of oak in our craft, this partnership was a natural fit,' says Rankin. 'Our goal is to leave a meaningful legacy not just through whisky, but by contributing to the future of the natural resources we rely upon.' Be among the first to learn more about the release of Artistry in Oak — register your interest in the world's oldest single malt Scotch whisky on the Gordon & MacPhail website. More From Forbes Forbes Whisky Of Distinction: Gordon & MacPhail, Mr George Legacy 1954 Glen Grant By Joseph V Micallef Forbes Whisky Of Distinction: Gordon & MacPhail's Recollection Series By Joseph V Micallef
The Citizen
3 days ago
- Automotive
- The Citizen
Chery updates Tiggo 7 range with revised pricing and powertrain options
Chery has handed the Tiggo 7 a timely update, with the Chinese automaker's South African arm revealing local pricing and specifications for the revised lineup. In June, Chery launched the Tiggo 7 CSH (Chery Super Hybrid), along with the Tiggo Cross HEV (hybrid electric vehicle), in South Africa. Now, following the introduction of the former, new-energy Tiggo 7, the Chinese company has introduced the revised petrol-powered Tiggo 7 to the South African market. 2025 Chery Tiggo 7 price in South Africa The Chery Tiggo 7 is priced from R429 900, which includes a five-year/60 000km service plan and a five-year/150 000km warranty. A 10-year/one million km engine warranty is included for the first owner. Chery Tiggo 7 1.5T Prime DCT — R429 900 Chery Tiggo 7 1.6T Prestige DCT — R499 900 Chery Tiggo 7 1.6T Legacy DCT — R549 900 The revised Tiggo 7 lineup is available with the choice of two four-cylinder turbocharged petrol powertrains: a 1.5l unit producing 108kW and 210N.m, and a 1.6l endowed with 147kW and 290N.m of torque. The former is coupled with a six-speed dual-clutch gearbox, while the more powerful engine drives the front wheels via a seven-speed dual-clutch transmission. Chery claims a fuel consumption of 6.9l/100km for the 1.5l and 7.2l/100km for the 1.6l. Both models are equipped with a 51l fuel tank, which allows for an average driving range of 739km and 708km when matching the former and latter figures. 2025 Chery Tiggo 7 specs The 1.5l model is exclusively available in Prime trim grade, while the 1.6l derivative can be had in Prestige and Legacy level of specification. As standard, all models are equipped with such nice-to-haves as 12.3-inch touchscreen infotainment, replete with Apple CarPlay/Android Auto; 12.3-inch digital instrumentation; dual-zone climate control; and a reverse-view camera. Prime spec rolls on 18-inch alloy wheels, while Prestige and Legacy gain 19-inch items. Prestige further upgrades to a 540-degree camera array, six-way electrically adjustable driver's seat, and multi-coloured ambient lighting. Both the Prime and Prestige ship with a six-speaker sound system. On top of these items, Legacy grade gains heated front seats, a panoramic sunroof, an eight-speaker Sony audio system, and an electrically operated tailgate. Tyre pressure monitoring is also included across the range. On the safety front, four airbags are included with the Prime package, while Prestige and Legacy gain eight. Isofix child-seat anchorages are also present. Noteworthy, the Tiggo 7 received the full complement of five stars at an ANCAP safety test. Chery claims a boot capacity of 565l, which expands to 1 396l when folding down the rear 60:40-split backrest. 'The Tiggo 7 has always been one of our most successful models globally, and with this mid-cycle refresh, we've raised the bar even further,' said Verene Petersen, National Brand and Marketing Manager for Chery South Africa. 'From its bold new design to the enhanced technology and safety features, the refreshed Tiggo 7 offers South Africans even more value and peace of mind.' Click here to browse thousands of new and used vehicles here with CARmag! Related The post 2025 Chery Tiggo 7: South Africa Price & Specs appeared first on CAR Magazine. Breaking news at your fingertips… Follow Caxton Network News on Facebook and join our WhatsApp channel. Nuus wat saakmaak. Volg Caxton Netwerk-nuus op Facebook en sluit aan by ons WhatsApp-kanaal.
Business Upturn
3 days ago
- Business
- Business Upturn
Prestige Estates acquires remaining 40% in Apex Realty Ventures to make it a wholly-owned subsidiary
By Aditya Bhagchandani Published on July 22, 2025, 15:19 IST Prestige Estates Projects Limited announced on July 22, 2025, that it has acquired the remaining 40% partnership interest in Apex Realty Ventures LLP, making the firm its wholly-owned subsidiary. The acquisition was completed through Prestige and its wholly-owned subsidiary by paying a cash consideration and settling the retiring partner's capital balance of ₹0.4 crore. According to the company's filing under Regulation 30 of SEBI (LODR) Regulations, Apex Realty Ventures is a Bengaluru-based real estate development firm incorporated on March 28, 2019. The LLP reported a turnover of ₹724.08 crore for the financial year ending March 31, 2025, compared to ₹1,007.82 crore in FY24 and ₹0.81 crore in FY23. Prior to this transaction, Prestige Estates already held a 60% partnership stake in the entity. Post-acquisition, the company now holds 100% — directly and indirectly — consolidating its control over Apex Realty. The company stated that this move was driven by business reasons and the objective of consolidating its stake. The acquisition was completed on July 22, 2025, and does not involve any related-party transactions or require regulatory approvals. This step strengthens Prestige Estates' position in the real estate and construction space and is aligned with its strategy of consolidating and expanding its portfolio of development projects. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
The Citizen
3 days ago
- Automotive
- The Citizen
Streamlined Chery Tiggo 7 range priced with more features
Chery has given its ever-popular Tiggo 7 a second round of updates following the initial refresh two years ago which... Chery has given the Tiggo 7 its second update since 2023. Image: Chery Chery has given its ever-popular Tiggo 7 a second round of updates following the initial refresh two years ago which involved the introduction of the more powerful 1.6 T-GDI. The biggest revision in the nameplate's lifecycle to date, the range has been cut from six to four, as both all-wheel-drive models have been dropped, along with the Pro and Pro Max nomenclature denominators. Also gone are the Distinction, Executive and Premium trim level names, leaving the conventional petrol engine line-up with three new grades, Prime, Prestige and Legacy. Continuing unchanged is the newly introduced CSH plug-in hybrid with its Plus an Ultra trim structure. Now simply called Tiggo 7, the aesthetic change to Wuhu's mid-range SUV model comprises a new diamond 'studded' chrome grille, slightly revised LED headlights and reportedly, the same taillight design as the Tiggo Cross. Inside, the interior continues without change, but specification has been revised across the range to include more features. In the case of the Prime, this includes the pair of 12.3-inch displays, three type-C USB ports, an improved Hello Chery voice command system, dual-zone climate control, keyless entry, push-button start, six-speaker Sony sound system, four airbags, tyre pressure monitor, folding and electric mirrors, front and rear armrests, and a reverse camera. Upping the ante, the Prestige swaps out its sibling's 18-inch wheels for 19-inch alloys, while also gaining imitation leather upholstered seats, the 540-degree surround-view camera system, ambient lighting, eight airbags and an electrically adjustable driver's seat. Included further are Blind Spot Monitoring, Rear Collision Warning, Door Open Alert and Rear Cross Traffic Alert. At the line-up's sharp-end, the Legacy boasts an eight-speaker Sony sound system, an electric tailgate, heated front seats, a panoramic sunroof, Lane Keep Assist, Automatic Emergency Braking, Adaptive Cruise Control, Lane Departure Warning, Lane Change Assist and Traffic Jam Assist. Despite the line-up shuffle, Chery has retained the same pair of drivetrains as in the Tiggo 7 Pro, but with emphasis skewed towards the aforementioned 1.6 T-GDI. The standard option for the Prestige and Legacy, the unit sends 145kW/290Nm to the front wheels via a seven-speed dual-clutch transmission. For its part, the Prim retains the combination of the 1.5 T-GDI, outputting 108kW/210Nm, an the six-speed dual-clutch 'box. At the line-up's summit, the CSH, denoting Chery Super Hybrid, combines the latter with an 18.3-kWh battery pack powering a single electric motor for a total output of 265kW/310Nm. Mated to a single-speed Dedicated Hybrid Transmission (DHT), the Tiggo 7 CSH has an electric-only range of 93 km and a claimed combined of 1 200 km. Price Now available, the Tiggo 7 is once again covered by a five-year/150 000 km warranty, a five-year/60 000 km service plan and the 10-year/1 000 000 km engine warranty.
TimesLIVE
4 days ago
- Automotive
- TimesLIVE
New Chery Tiggo 7 lands in SA: pricing and specs
Safety specification is generous across the line-up, with all new Tiggo 7 derivatives coming equipped with traction control, ESP, brake assist and at least four airbags. The Prestige and Legacy receive a total of eight airbags, including curtain and a front-centre airbag. ISOFIX anchorages and rear parking sensors are also standard throughout the line-up. Driver assistance features fitted to the Legacy include blind spot detection, door opening warning, rear collision warning, door opening warning and rear cross-traffic alert. The Legacy builds on this with lane departure warning, lane keep assistance, adaptive cruise control, integrated cruise assist, front collision warning, automatic emergency braking, emergency lane keeping, lane change assist, intelligent headlamp control and traffic jam assist. Pricing for the refreshed Tiggo 7 line-up: Prime 1.5T: R429,900 Prestige 1.6T: R499,900 Legacy 1.6T: R549,900 Pricing includes a five-year/60,000km service plan, five-year/150,000km warranty and Chery's 10-year/one-million km engine warranty (for first owner but can be transferred to a second owner if vehicle is purchased from a Cherished pre-owned dealership).
