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The $4 million Lamborghini

The $4 million Lamborghini

The brand new Lamborghini Veneno will run you $4 million, but only if you can get your hands on one of the 3 being produced.

McLaren P1: A hybrid supercar

McLaren P1: A hybrid supercar

The brand new, $1.1m McLaren P1 can do 0-60 in under 4 seconds and boasts a carbon fiber body.

Consumer Reports: Best cars for 2013

Consumer Reports: Best cars for 2013

Consumer Reports announced their Top Pick vehicles which received the highest scores in their self-administered tests. Detroit automakers didn’t make the cut.

Pirelli CEO Marco Tronchetti Provera on company strategy

Pirelli CEO Marco Tronchetti Provera on company strategy

Pirelli tyres mean race cars, sports cars and glamour but the man driving the company understands that to be number one on the fast track, you have to watch the landscape as well.

 

CNN Anchor: ‘Be Happy,’ Traffic Jams Are ‘A Sign That The Economy Is Improving’

CNN Anchor: ‘Be Happy,’ Traffic Jams Are ‘A Sign That The Economy Is Improving’

http://youtu.be/8v2JgsrdNyA

CNN anchor Ashleigh Banfield related a shocking bit of information to her audience on Tuesday. Skyrocketing gasoline prices mean that Americans are wasting more money than ever sitting in traffic, but there is a silver lining. While those traffic jams may be draining your wallet, CNN reports that they are also a sign that the overall economy is improving.

 

Economic hardship forces Italians to consume less fuel

Economic hardship forces Italians to consume less fuel

Robin Chase: Excuse me, may I rent your car?

Robin Chase: Excuse me, may I rent your car?

[ted id=1632]

A decade ago, Robin Chase founded Zipcar in the US, now the largest car-sharing company in the world. Now she’s exploring the next level of car-sharing: Buzzcar, a French startup that lets people rent their own cars to others. The details are fascinating (how does insurance work, exactly?), and the larger vision (she calls it Peers, Inc.) points to a new definition of ownership and entrepreneurship.

With Zipcar, Robin Chase introduced car-crazy America to the concept of non-ownership. Now she’s flipping that model with Buzzcar, which lets you rent your own auto to your neighbors.

WHY YOU SHOULD LISTEN TO HER?

If she weren’t a proven entrepreneur, you might imagine Robin Chase as a transportation geek, a dedicated civil servant, endlessly refining computer models of freeway traffic. If she weren’t such a green-conscious problem-solver, you might take her for a startup whiz. Case in point: In 2000, Chase focused her MIT business training on a car-sharing scheme imported from Europe and co-founded Zipcar, now the largest car-sharing business in the world. Using a wireless key, location awareness and Internet billing, members pick up Zipcars at myriad locations anytime they want one.

Now Chase has launched Buzzcar, a car-sharing service in France with a twist: instead of a fleet of green Zipcars, the service lets users share their own cars and make money off their unused capacity. Call it peer-to-peer auto rental.

“Robin Chase has already changed the way we drive, but she’s not satisfied. Now she wants to change the way we live as well.”  Harvard Gazette

How Long Do You Need to Work to Buy a New Car?

How Long Do You Need to Work to Buy a New Car?

Jan. 3, 2013 (Bloomberg) — In today’s “Single Best Chart,” Bloomberg’s Scarlet Fu displays the weeks of median income needed to buy a new car. She speaks on Bloomberg Television‘s “Bloomberg Surveillance.”

 

2012 Porsche Panamera Test Drive and Luxury Sports Car Video Review

2012 Porsche Panamera Test Drive and Luxury Sports Car Video Review

The 2012 Porsche Panamera is an interesting combination of automotive delicacies. The Panamera is one part sports car, one part luxury car, one part hatchback, and one part sedan. Over the past decade, Porsche has created a few unique vehicles to target a broad range of car buyers. The Boxster is aimed at the entry level sports car enthusiast while the Cayenne is aimed at those looking for a quick SUV. But the Panamera offers 911 performance with a usable back seat. The 2012 Porsche Panamera can range from $75,200 for the base model all the way to $173,200 for the top of the line Turbo S model.

The vehicle tested in this video is the base model Panamera 4 (AWD). It is powered by a lightweight and direct injected 3.6 liter V-6 engine that makes 300 horsepower and 295 lb-ft. of torque. The transmission is the famous PDK twin-cutch 7-speed unit that shifts lighting quick. Fuel economy on the 2012 Porsche Panamera is 18 MPG in the city and 26 MPG on the highway thanks in part to an auto start/stop system which shuts down the engine while the car is sitting idle. Sixty MPH flies by in 5.8 seconds and the Panamera 4 has a top speed of 159 MPH. The Panamera handles incredibly well thanks to the Porsche Traction Management system. The AWD monitors driving situations and can adjust power as need. The Panamera is equipped with Anti-Slip Regulation and Automatic Brake Differential.

Porsche Active Suspension Management is optional on the Panamera 4. This system provides electronic dampening at all 4 corners of the car thus reducing body roll and increasing handling. The system will also tighten up the setting based on the selection of modes: Comfort, Sport, and Sport Plus. The rims are 18-inch alloys wrapped in sticky rubber. The 2012 Porsche Panamera comes with huge 360 mm brakes up front and 330 mm brakes out back. The calipers are six-piston units. Safety wise besides all the electronic computer controlled systems, the Panamera 4 features a full compliment of 2-stage airbags for both the front and rear passengers.

With the rear seats up the Panamera has a luggage compartment with over 15 cubic feet of storage space. But with he seats down the hatchback design allows for over 44 cubic feet of cargo room which is a large amount for this segment. And believe it or not the 2012 Porsche Panamera can tow up to 4850 lbs. The Panamera is a very efficient and powerful sports car that offers a high level of luxury and sophistication while being able to transport 4 passengers in style.

BMW Unveils New Electric i3 Concept Car – Los Angeles Auto Show

BMW Unveils New Electric i3 Concept Car – Los Angeles Auto Show

BMW unveiled its new i3 concept car at the Los Angeles International Auto Show. The luxury car maker is expected to use its new i3 and i8 models to compete with Fisker and Tesla. Video by WSJ’s Joseph B. White via #WorldStream.