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Hankook tire exec calls for global campaign to point out dangers of low tire pressure

Anyone driving a car today has certainly heard about the dangers of drinking and driving, and the use of a cell phone and texting while driving. Seung Hwa Suh, vice chairman and CEO of Hankook tires, is hoping more drivers will pay attention to the dangers of low tire pressure and driving. At The Tire Society's 29th Annual Meeting and Conference on Tire Science and Technology, Suh proposed that all tire manufacturers "jointly develop a global campaign for educating consumers about air pressure and the overwhelming benefits that we can all enjoy if we simply maintain proper inflation," he said.

1957 Ferrari 250 TR (Testa Rossa) smashes world auction record

Ferrari 250 TR - Reached a world record price at today's Leggenda e Passione sale at Maranello We brought you news back in February that high-end Car Auctioneers R.M. Auctions were offering for sale an extremely rare 1957 Ferrari 250 Testa Rossa at the Ferrari Leggenda e Passione sale in Maranello today. Well, the sale went as planned, because the Ferrari 250 TR sold for a world auction record €9,020,000, beating the previous record by €1,980,000.

Smart car inventor Nicolas Hayek dies

Nicolas Hayek, the engineer and industrialist who founded the Swiss watch company Swatch and brought the world the Smart car, died on June 28 of heart failure at his office in Switzerland. He was 82. Hayek saved the Swiss watch industry from lower-priced Asian competition in the early 1980s by offering colorful, inexpensive Swatch timepieces that he backed with equally colorful marketing.