– Takata may be forced to recall every airbag manufactured with ammonium nitrate propellant if the National Highway Traffic Safety Administration turns a Congressional request into a formal order. – – A letter from Sens. Richard Blumenthal (D-Conn.) and Ed Markey (D-Mass.) urges Takata to recall all of its airbags using the questionable propellant after a side airbag produced by the Japanese supplier ruptured on a 2015 Volkswagen Tiguan in
– Externally, it appears that there’s a lull at Bugatti. The last Veyron, “La Finale,” was sold before it appeared on the stand at this year’s Geneva motor show. Its successor has not been formally announced, although rumor suggests it will appear at next month’s Frankfurt auto show. In between, there’s been a flurry of activity in Molsheim, keeping Wolfgang Dürheimer, head of both Bentley and Bugatti, a very busy man.
The 2017 Ford Raptor is coming, with its 450-hp twin-turbo EcoBoost V-6 and its 10-speed gearbox and nifty 4×4 drivetrain. But between now and the autumn of 2016, when Ford says the thing will go on sale, there’s still some testing to be done—including shakedowns of an off-road variety. – We’ve already seen Ford conducting some off-road verification of the rad new Raptor’s capabilities. And, frankly, the ’wheeling in this
We are, it’s safe to say, extremely excited about the 2017 Alfa Romeo Giulia. The tidy rear-drive sports sedan very clearly has BMW in its gunsights—particularly in 510-hp, twin-turbo V-6 Quadrifoglio spec. And from what we’ve heard so far, it’s got a scintillating soundtrack. This Nürburgring video of a lightly camouflaged example only confirms that. – Posted by Nürburgring maven and solid YouTube poster “cvdzijden,” what we have here is
-How many of us members of the hoi polloi bemoan the fact that when someone buys a supercar it never sees a track? That millions of dollars of R&D and lightweight racing material are simply wasted on Sundays-only garage queens? – Canadian automotive retailer Pfaff Automotive recently released a video of a private track day held at the Canadian Tire Motorsport Park in Ontario, where a McLaren P1, a Porsche 918 Spyder, and a Porsche
German real estate groups Deutsche Wohnen and LEG Immobilien aim to keep growing via acquisitions following their planned merger, racing to catch up with larger peer Vonovia. Germany’s residential real estate sector has been marked by rapid consolidation in recent years as firms fight for a slice of a huge market for rental housing in which scale can help boost profitability. Deutsche Wohnen on Sunday unveiled plans to merge with
The Federal Reserve’s decision not to hike interest rates may have brought renewed volatility and a stock market selloff, but it also carved out breathing room for a couple of sectors: dividend payers and housing stocks. With 10-year Treasuries now yielding around 2.14 percent, the 2.2 percent dividend yield of the overall S&P 500 should appeal to income-hungry investors who are convinced interest rates will stay low for a while.
By Jonathan Stempel NEW YORK (Reuters) – A Manhattan federal judge on Friday dismissed former Ukrainian prime minister and presidential candidate Yulia Tymoshenko’s civil lawsuit accusing her political opponents of running a U.S.-based racketeering enterprise that led to her imprisonment. U.S. District Judge Kimba Wood said Tymoshenko failed to show that the industrialist Dmytro Firtash and other defendants laundered money in the United States to help pay Ukraine prosecutors and
Filed under: Buying, Lifestyle, Renting Mira/Alamy By Trent Hamm There can be great joy in moving into your first apartment or your first home. You finally have space all to yourself. You can decorate how you want. You can spend your time how you want. Sadly, that initial burst of joy is often deflated by the realization that you need a lot of little things when you move to a
A federal appeals court said a minority owner of the Miami Heat basketball team cannot stop a woman from running a scathingly critical blog featuring an unflattering photo of him with his tongue protruding askew from his mouth. Raanan Katz, who is also a Florida real estate developer, had sought to stop Irina Chevaldina, a disgruntled former tenant in one of his shopping centers, from using the “ugly” and “embarrassing”
Cartier’s Panthère book French jeweler Cartier is teaming with British retailer Harrods to introduce a tome dedicated to the maison and its Panthère designs. Published by publishing house Assouline, Panthère retraces Cartier’s most iconic design symbol over the last century through a contextual telling using images within the book and exclusive events hosted by Harrods. Partnering with a retailer elevates awareness for the book and gives enthusiasts a hands-on experience
Holt Renfrew’s felted elephant Canadian department store chain Holt Renfrew is celebrating the world’s elephants through a themed pop-up shop. World Elephant Day is celebrated internationally on Aug. 12, and in honor of the occasion Holt Renfrew’s H Project is hosting an in-store event focusing on all things elephant. Retailers often align with social causes, and with African wildlife in the news recently due to the poaching of Cecil the
Holt Renfrew’s felted elephant Canadian department store chain Holt Renfrew is celebrating the world’s elephants through a themed pop-up shop. World Elephant Day is celebrated internationally on Aug. 12, and in honor of the occasion Holt Renfrew’s H Project is hosting an in-store event focusing on all things elephant. Retailers often align with social causes, and with African wildlife in the news recently due to the poaching of Cecil the
Chinese consumer uses mobile device This year a number of luxury brands and retailers have begun to take action against the increasingly important problem of counterfeit goods in China. The combination of producing a large percentage of products and lax government regulation makes China particular susceptible to counterfeiters looking to copy luxury items and sell them at a cheaper price. Counterfeiting can have a negative impact on a wide range of
Chinese consumer uses mobile device This year a number of luxury brands and retailers have begun to take action against the increasingly important problem of counterfeit goods in China. The combination of producing a large percentage of products and lax government regulation makes China particular susceptible to counterfeiters looking to copy luxury items and sell them at a cheaper price. Counterfeiting can have a negative impact on a wide range of
