Business, Politics & Money
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Business, Politics & Money Posts - Page 6

Zero Emissions bill in New Jersey may let Tesla sell direct

By: Shane McGlaun | More News: Business, Politics & Money | Posted: Jun 6, 2014 3:02 pm

Tesla was blocked from selling cars directly to consumers in New Jersey a while back. A new bill has now been passed by the New Jersey state assembly that may allow Tesla to resume direct sales in the state. The state Assembly Consumer Affairs Committee approved A3216 this week, which is a bill that would allow zero-emissions cars to be sold directly to the public by automakers.

 

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There would be strings attached in this bill though. Notably the automaker would be limited to only four dealerships in the state. One of the locations would have to have service facilities for repairs as well.

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Ford shows off experimental Fusion 23% lighter than normal

By: Shane McGlaun | More News: Business, Politics & Money | Posted: Jun 4, 2014 2:33 pm

Ford knows that one of the only ways it will be able to reach federal fuel economy numbers in the future is by putting its cars on a diet. Ford has already proven it can do this with the new F-150 losing hundreds of pounds by moving to aluminum body panels. Ford is now showing off an experimental Fusion that uses lightweight materials in an effort to shed weight.

 

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The Fusion uses lots of aluminum and carbon fiber material in its construction. The finished product is a Fusion that looks the same as the current car, but weighs 23% less than normal. Less weight means that smaller engines can be used to achieve the same performance while using less fuel.

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Nissan recalls 211 Leaf EVs due to weld defect, owners may get new car

By: Shane McGlaun | More News: Business, Politics & Money | Posted: May 20, 2014 12:09 pm

Nissan has issued a recall on 211 Leaf EVs that has to do with a defect in a weld. The defect is so severe that in some cases Nissan may end up giving the owner of the recalled Leaf a new vehicle. Nissan says that some structural welds in the front section of the Leaf may not have been made to specifications.

 

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The bad welds could mean that the vehicle has reduced protection in an accident and violates safety standards for "electric shock protection." The defect in the Leafs was discovered in March during a quality inspection conducted at an assembly plant. Nissan says that the issue was due to an isolated process error that has been addressed.

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DOT says Chevy cars with ignition defect can keep driving

By: Shane McGlaun | More News: Business, Politics & Money | Posted: May 8, 2014 1:00 pm

Two senators have tried to get the US DOT to advise owners of Chevrolet cars affected by the ignition switch problem that led to 13 deaths to stop driving their cars until repaired. The DOT sent letters to both senators that said, "such an action is not required at this time."

 

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The problem the senators have is that the ignition switch defect has already been tied to several deaths and it will take GM months to get replacement parts ready to repair these vehicles. Affected vehicles include Chevy Cobalt, Saturn Ion, and other models.

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Rezvani Beast sports car is an Ariel Atom with bodywork

By: Shane McGlaun | More News: Business, Politics & Money | Posted: May 7, 2014 2:05 pm

Sports car fans may be familiar with the Ariel Atom. The Atom is a small and very minimalist ride that has no bodywork and leaves the driver out in the open. Power comes typically from Honda sourced four cylinder engines. A company from California called Rezvani Automotive Designs is now taking that Atom sports car and attaching a sleek carbon fiber body to it to make a very interesting looking car.

 

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It uses either a turbo charged four cylinder or a supercharged four for power. The company makes the carbon fiber panels themselves and paints them in sleek colors. All the work takes 1000-1500 hours and five to six months to complete.

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Etihad Airways unveils new multi-room suite in the air

By: Shane McGlaun | More News: Business, Politics & Money | Posted: May 5, 2014 11:31 am

Typically, the best you can do if you are wealthy and flying long distances on a commercial aircraft is to buy a first class seat. The national airline of the United Arab Emirates, Etihad Airways, has announced the most luxurious way to fly this side of your own private aircraft. Called The Residence, the airline is a 125 square foot apartment in the sky for rich passengers to enjoy.

 

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People who book The Residence will get their own butler for the duration of the flight. The suite features a living room with its own 32-inch TV, two seat reclining sofa, dining tables, and a chilled mini-bar. The living room is separated from the bedroom by a door and a short passageway.

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US Congressman wants to raise EV tax credit to $10,000

By: Shane McGlaun | More News: Business, Politics & Money | Posted: May 5, 2014 10:56 am

In the US, the federal government really wants drivers to opt for electric vehicles. There are many reasons for this desire in the US including the desire to reduce pollution caused by vehicles and reduce dependence on foreign oil. Despite the big tax credits offered, most consumers still stay away from EVs.

 

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One US congressman from Vermont believes the trick to getting more of middle class America to purchase an EV is to up that tax credit even further. Congressman Peter Welch has said recently that he wants the tax credit to be $10,000.

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Mercedes unveils pricing for 2014 B-Class Electric Drive EV

By: Shane McGlaun | More News: Business, Politics & Money | Posted: Apr 30, 2014 6:08 pm

Mercedes is set to roll out its very first electric vehicle this year. The car is the 2014 B-Class Electric Drive and it is the first pure electric vehicle that Mercedes has offered in the US. The car will sell for $41,450 not including the $925 destination fee. Buyers might be able to get the $7500 tax credit from the federal government on the car.

 

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Mercedes equips the vehicle with a 28 kWh lithium-ion battery good for up to 85 miles per charge. It will take that battery pack about two hours to charge enough for 60 miles of driving on a 240V charger. Other features include a Map Pilot navigation system, Collision Prevention, Assist with adaptive Brake Assist, and Attention Assist.

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Insane 600hp Audi S1 can hit 60 mph in 1.9 seconds

By: Shane McGlaun | More News: Business, Politics & Money | Posted: Apr 28, 2014 4:55 pm

In the racing world, cars that roll off the assembly line with impressive performance and looks are often made much more insane than the factory counterparts. Such is the case with a new racecar built by Mattias Ekstrom. Ekstrom is a racing driver that has won races in several different vehicles in the past and he is getting into the World Rallycross Championships next season.

 

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His ride for the race series is a heavily modified Audi S1. That car is interesting as it rolls off the assembly line, but it's completely bonkers in race trim. The car uses a 2.0L 4-cylinder turbo engine. It's unclear how much boost the engine makes but with 600 hp on tap I'd say a lot.

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Fisker Karma may cruise the roads again in 2015 under new ownership

By: Shane McGlaun | More News: Business, Politics & Money | Posted: Apr 23, 2014 3:21 pm

Fisker is a car company that started about the time the US government began making loans to companies to create alternative energy cars and systems. Fisker took out a big loan and ended up going bankrupt before spending all the money. The automaker was recently purchased by a Chinese company called Wanxiang.

 

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Wanxiang has announced that it hopes to have the Karma plug-in hybrid back on the road by mid-2015. Some things have to happen before Fisker starts producing cars again. It has to find a CEO and a new headquarters for the company. Both of those tasks are underway now.

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