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Ferrari 458 Speciale with active aero debuts at Frankfurt
Tue, 10 Sep 2013The only thing better than a 458 is, of course, a lighter, stronger and more aerodynamically efficient 458. Toward that end, Ferrari unveiled the 458 Speciale at Frankfurt, a successor of sorts to the Challenge Stradale and 430 Scuderia, previous specials that, as good as they were, wouldn't last a race on the same lap as this one. “This is the most powerful V8 Ferrari, never made before,” said Ferrari chairman Luca di Montezemolo, who still speaks much better English than we could ever hope to speak Italian.
Saab gets latest lifeline via $5 million infusion from Chinese company
Tue, 13 Dec 2011Saab has been on the edge of collapse since a cash shortage early this year forced it to halt production. Now Automotive News reports that a last-minute payment from China's Zhejiang Youngman Lotus Automobile has given the Swedish carmaker yet another shot. Youngman wants to get a stake in Saab and has taken the first step by giving the company $5 million to cover tax expenses, with another $26.43 million forthcoming for unpaid salaries and $13.18 million more before the end of December.
Boris planning war on diesel car drivers – London Mayor wants drivers of diesel cars to pay more
Tue, 29 Jul 2014Boris wants to charge diesel cars an extra £10 to enter London We’ve long banged on about the nonsense of basing the cost of motoring on the Co2 emissions of cars, and it seems the London Mayor, Boris Johnson, also realises that Co2-based taxation has led to a real pollution problem. As we reported as far back as 2010, petrol cars – certainly before the introduction of Euro 6 emissions recently – are far cleaner than diesel cars when it comes to the sort of stuff that really matters – NoX and particulates. And the problem has been exacerbated by basing car taxation on Co2 emissions as lower Co2 levels have been much easier for car makers to achieve on diesel engines, which is why diesel-engined cars now account for around 50 per cent of all cars sold in the UK.