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Business, Politics & Money News - Page 7

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

By Shane McGlaun | Apr 28, 2014 11:55 am CDT

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 | Apr 23, 2014 10:21 am CDT

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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Recargo aims at world record for longest car trip using electricity

By Shane McGlaun | Apr 22, 2014 10:28 am CDT

A company called Recargo has tried to set a Guinness World Record for the longest journey ever made in a vehicle using electricity alone. For the record attempt, the company put a driver behind the wheel of a stock Tesla Model S electric vehicle. The trip lasted 24-days and covered 12,183 miles.

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Verification and award of the world record are not complete at this time. The trip is over and during the drive across the country, the vehicle travelled through the four corners of the lower 48 states. The trip drove through Washington, Maine, Florida, and California along with a bunch of other states in between.

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2015 Mini Paceman to offer gas, diesel, and AWD options

By Shane McGlaun | Apr 21, 2014 11:02 am CDT

Mini has unveiled the new Paceman that is set to hit dealerships in July. The new car is a 2-door hatchback that has an impressive amount of space inside despite the car's small stature. Mini will offer the new Paceman in several trims including the Paceman S and the John Cooper Works edition.

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New colors available for the car include piano black, jungle green metallic, and midnight grey metallic. Mini will also offer the car with optional lightweight alloy wheels and optional reduced rolling resistance tires. The most powerful of the Paceman models is the John Cooper Works Paceman with a 4-cylinder twin-scroll turbo engine producing 218hp.

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Nissan unveils all-new 2015 Murano in New York

By Shane McGlaun | Apr 17, 2014 11:46 am CDT

Nissan has pulled the wraps off a new SUV at the 2014 New York International Auto show. The new SUV is an all-new version of the Murano. That SUV has been around for a long time and was in need of an update.

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The new Murano has a front end that looks a lot like the other Nissan SUVs such as the new Pathfinder and Rogue. The car has what Nissan calls a V-motion front end and a floating rear roof. Inside the car, Nissan calls the interior a social lounge with a lower height instrument panel, wider center console, and zero gravity seats for front and outside rear passengers.

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Mercedes-AMG GT is a "GT sports car in its purest form"

By Shane McGlaun | Apr 16, 2014 01:13 pm CDT

Mercedes has unveiled a new sports car that looks really cool on the inside and out. The car is called the Mercedes-AMG GT and the automaker says that it is a "sports car in its purest form." This is the second sports car developed independently by Mercedes-AMG.

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The look at the car Mercedes is offering is a sneak peak, so many of the specifications of the car are not announced. We don't know how much power it will have. Mercedes is known for making very powerful cars, so this one will be no slouch no matter what is under the hood.

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Mazda shows off limited edition MX-5 Miata in New York

By Shane McGlaun | Apr 16, 2014 12:03 pm CDT

Mazda has been making one of the most raced cars in motorsports for 25 years now with the Miata having a birthday this year. To celebrate the 25th anniversary of the launch of the original Miata, Mazda has a limited edition 2015 MX-5 that will have some special touches that has debuted at the New York International Auto Show.

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Mazda plans to sell only 100 of the 25th anniversary models in the US. Mazda says that it selected the best balanced parts for the engine in these cars. The anniversary edition will only be offers in Soul Red Metallic premium coat, which looks like maroon. All of the cars will be power retractable hard top models with a black top, mirrors, and windshield surround. The car also has dark colored alloy wheels. It looks to be derived from the Club version.

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First production 2015 Corvette Z06 raises $1 million for charity

By Shane McGlaun | Apr 15, 2014 12:42 pm CDT

Chevrolet announced a while back that it would be donating the very first production 2015 Corvette Z06 to charity. The car was auctioned off recently at the Barrett-Jackson Collector Car Auction in Palm Beach, Florida on April 12.

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All proceeds from the sale of the car went to the Karmanos Cancer Institute infusion center. That center provides a comfortable setting for patients to receive chemotherapy treatments. The winning bidder is a name that people who follow racing will recognize.

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Scientific study concludes: US is an oligarchy, not a democracy

By Anthony Garreffa | Apr 15, 2014 12:33 am CDT

In a recent report from the academic journal Perspectives on Politics, the United States is not a democracy, but is instead, an oligarchy. For those who aren't up with fancy words, this means that the US government is very, very corrupt.

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The study's opening question is quite an eye-opener in itself, where it asks: "Who governs? Who really rules?" in the United States. The answer: "Despite the seemingly strong empirical support in previous studies for theories of majoritarian democracy, our analyses suggest that majorities of the American public actually have little influence over the policies our government adopts. Americans do enjoy many features central to democratic governance, such as regular elections, freedom of speech and association, and a widespread (if still contested) franchise".

They continue: "But... America's claims to being a democratic society are seriously threatened". The findings in the report shows that there is instead "the nearly total failure of 'median voter' and other Majoritarian Electoral Democracy theories [of America]. When the preferences of economic elites and the stands of organized interest groups are controlled for, the preferences of the average American appear to have only a minuscule, near-zero, statistically non-significant impact upon public policy".

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Chevrolet shows off track-ready Corvette Z06 convertible

By Shane McGlaun | Apr 14, 2014 12:15 pm CDT

One of the coolest cars that Chevrolet has rolled out in years is the new 2015 Corvette Z06. That car is built from the ground up with all sorts of tech that is aimed at making it perform very well on the racetrack and street. The Z06 coupe is a targa roof car, which means the roof panel over the driver and passenger comes off.

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People wanting an even more open-air driving experience can also get the Z06 in a convertible. Chevy is showing off the Z06 convertible and it looks very nice. Other than chopping the roof off, the car has the same specifications. One thing that did require repackaging was the differential and transmission coolers, which had to be moved from the tops of the rear fenders to the underbody.

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