People are wasting $2.1 billion of fuel every year.
If you've been looking at the seven-figure price tags (plus or minus) on the latest batch of hypercars, and wondering how their manufacturers could possibly charge that much, consider that their predecessors typically traded at well above their list price as it is. The Ferrari Enzo, for example, listed for "only" $650k, but with production limited to 349 units, demand far outstripped supply, driving the mark-up into seven-figures. In fact Enzos are still selling for a million or more at auction.
It's not particularly unusual to see cheap cars in China, or those with designs stolen from foreign competitors, but increasingly the best-selling vehicles there would be very recognizable to just about any auto enthusiast. There appears to be one fact of life whether looking at car buyers in Sacramento, Stuttgart or Shanghai: People who can afford to buy premium cars often look first at the Germans.
It has been well documented that your car insurance rates are determined by a number of factors. These include your age, driving history, marital status, geographic location and credit history, to name a few. Your premium is also determined by the type of car you drive, though not in the way you might think, according to a new study from WalletHub.
As we're sure you've noticed by now, General Motors has been making lots of waves over the past few days with the pricing announcement (finally!) of its 2011 Chevrolet Volt. And, as you're surely aware, GM's plug-in hybrid is capable of traveling at least 40 miles per charge without using a single drop of gasoline. But what happens when the time comes to pump some good ol' crude into the tank? You'll be using premium.
As we're sure you've noticed by now, General Motors has been making lots and lots of waves over the past few days announcing the pricing information (finally!) of its 2011 Chevrolet Volt. And, you also likely know that the car is capable of traveling at least 40 miles per charge without using a single drop of gasoline. But hat happens when the time comes that you need to pump some good ol' crude into the tank? You'll be using premium.
Up until very recently, the reason that you bought a BMW 3 Series or a Mercedes-Benz C-Class was to prepare you to buy a 5 or an E in a few years. You know, ladders to climb, blowing up to do, de-luxe apartments in the sky to own. These days, according to a new study, that is less and less the case: fewer premium buyers are moving up and more buyers are actually moving down.
If you buy a new Honda Insight with the optional HDD InterNavi System in Japan, Honda has a special offer for you: an optional telematics device that updates to the web - automatically, natch - your hypermiling results (we have experience writing down our scores by hand). Driver's scores can then be checked on a special website that can be viewed by overall daily results, by individuals or by Japanese provinces. This little game broadens the reach of the Insight's mileage indicator on the dashbo
Whether you call it "premium," "super unleaded," or even "high test," it all means the same thing -- the most expensive gasoline at the pump. In a somewhat counterproductive trend, the skyrocketing cost of fuel is forcing automobile manufacturers to use smaller and more powerful engines, often with forced-induction. Unfortunately, these engines require higher octane... the distinguishing feature of premium fuel.
Thomas Bscher wanted to see the Bugatti range expand. He had taken charge of the über-premium brand during the tenure of Dr. Bernd Pischetsrieder, the former head of the Volkswagen Group. But when Pischetsrieder was replaced by Audi chief Dr. Martin Winterkorn, plans changed.
Click on the image for a gallery of high-res images of the Volvo V70.
As we reported yesterday, Toyota announced today the availability of a new premium compact hatchback called the Blade. Based on the Auris, the Blade gets a sharper edge of style with a sculpted front end that's more aggressive than the bloated face of the Auris. Unlike what we told you yesterday, Toyota did not announce a powerful 280-hp V6 as an engine option for the Blade, at least it hasn't yet. At launch, the Blade will be powered by Toyota's 2.4-liter four-cylinder engine, which Wikipedia l
The latest news in the regime change at Volkswagen is that incoming group chief Prof. Martin Winterkorn is planning some big changes in management structure across the entire corporate spectrum.