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BMW, Daimler experiment with upscale rent-by-the-ride
Fri, 24 Dec 2010Two European luxury brands are tiptoeing into car sharing, a radical move for carmakers whose business for the past 100 years has been selling to individuals. German archrivals Daimler AG and BMW AG have launched sharing programs. The automakers say the move was prompted by changing attitudes about car ownership, especially among young buyers, and increased urban congestion.
“Black box” drivers hit by speeding fines from insurers
Thu, 20 Feb 2014Black box insurance is nothing new. In fact, the scheme – in which a small black box is placed in your vehicle to monitor how you drive – has been around for nearly a decade. In principle, it promises lower insurance premiums.
Ferrari 458 Spider to debut at Frankfurt 2011
Tue, 09 Aug 2011Ferrari 458 Spider will debut at Frankfurt 2011 The Ferrari 458 Italia is perhaps the best car Ferrari has ever made. And Ferrari are going to make sure they make the most of the 458′s status as the best supercar in its class by introducing the Ferrari 458 Spider at next month’s Frankfurt Motor Show. The big news for the 458 Spider is that it’s going to get a folding hardtop instead of the canvas roof the 430 Spider got.