-For a brief few years, U.S. buyers lived in a golden age, able to buy Lotus’s ferociously lightweight Elise sports car brand-new and fully assembled. First appearing in the U.S. in 2004, the divine Elise stuck around until 2011, when Lotus had to withdraw it from our market due to noncompliant airbags. (Shown above is a 2012 model.) – It’s been dark days since 2011, though. Our nation became an Elise-less America.
– There it is, right on the EPA sticker, arguably the most important metric by which the second-generation Chevrolet Volt will be judged: The EPA-estimated distance that the car can travel on electricity alone per charge. Yes, we know the EPA sticker is a mess of numbers, disclaimers, and scale graphs, but right in the middle, highlighted in yellow, is the 2016 Volt’s electric driving range of 53 miles. By
Bob Lutz, the car world’s irascible granddad, appeared on an Automotive News roundtable with several other industry experts to discuss Sergio Marchionne’s continued pining for a merger with another major automaker. Turns out, Maximum Bob agrees with Marchionne—in today’s economic and regulatory climate, a merger between large-scale automakers makes sense. But he said it all as only Bob Lutz can. – The Automotive News video runs nearly two hours, but
-When we climbed into this plug-in hybrid at our Ann Arbor offices and set out on a 50-mile drive home at rush hour, the instrument panel showed a full battery charge and an all-electric range of 14 miles. That would be in what Porsche calls E-Power mode, the default at start-up and also selectable via a console button. This Cayenne S hadn’t been plugged in, though. The previous driver had
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Canada’s Manulife Financial Corp is seeking to list some of its U.S. property assets in Singapore in the second half of the year in an initial public offering worth $450 million, two people familiar with the deal said. The listing would use the real estate investment trust (REIT) structure, they said, declining to be identified as the deal has not been formally announced. The IPO may help lift a drought
JOHANNESBURG (Reuters) – South African gaming and hotel group Tsogo Sun is considering listing its property portfolio worth 30 billion rand ($2.5 billion) separately as a Real Estate Investment Trust (REIT), its CEO said on Thursday. Tsogo Sun will make the decision before the end of this year and if listed, Tsogo will still retain control of the property division, said CEO Marcel von Aulock. ($1 = 11.7951 rand)
By Herbert Lash NEW YORK (Reuters) – The Dutch, it is said, bought Manhattan Island in 1626 from its native American inhabitants for about $24 in trade goods. Half a millennium later, that sum wouldn’t buy a square foot of office space in New York City’s trendiest real estate market, the area below 34th Street known as Midtown South. Fueled by an influx of workers from the Internet economy and
Filed under: Buying, Investing, Lifestyle ZillowThis California home on a hillside in Laguna Beach has a swimming pool as well as views of the Pacific Ocean. By Susan Johnston As summer approaches, perhaps you’re daydreaming about putting in a swimming pool or buying a property with a backyard pool. That way you can take a dip and cool off in your own pool whenever the mood strikes, never mind piling
Filed under: Buying, Investing, Lifestyle ZillowThis California home on a hillside in Laguna Beach has a swimming pool as well as views of the Pacific Ocean. By Susan Johnston As summer approaches, perhaps you’re daydreaming about putting in a swimming pool or buying a property with a backyard pool. That way you can take a dip and cool off in your own pool whenever the mood strikes, never mind piling
Diorshow makeup French fashion house Christian Dior is going backstage with a look at its Diorshow mascara and other eye makeup options. A short film was posted on the brand’s Facebook, and a click-through link brings consumers to a dedicated site offering further detail about each item used in the video. A quick, upbeat video will grab the attention of fans and the link will likely be able to educate consumers
Prix Émile Hermès Family-owned Hermès is embarking on its annual campaign for cultivating young talent with its Prix Émile Hermès awards. The 2016 edition of the Prix Émile Hermès will feature “play” as the theme. Since play is “a vital activity for personal growth,” Hermès is focusing on the verb for candidates to submit designs for an object, material, utensil, piece of furniture, architectural concept, etc. Play for all Since 2008, the
Gucci campaign image with Li Bing Bing By 2022, China’s retail market is expected to be double that of the United States and grow to $8 trillion, according to a new report by A.T. Kearney. Although Asia, considered by the “Global Retail Development Index Ranking” as a regional winner for 2015, has slowed in growth over the last few years, the region still outpaced other emerging markets. The markets typically
Bal Harbour Shops Digital may have plateaued in its cannibalization of in-store sales, setting forward-looking shopping centers up to capture a large portion of the retail market. Consumers mainly use digital to facilitate in-store purchases through interactive touchpoints and research. Combined with the desire among brands for greater autonomy, shopping centers find themselves in fertile territory and places such as Bal Harbour Shops in Florida are capitalizing on the changing climate with
Necklace and pendant designed by Vivianna Torun Danish jeweler Georg Jensen’s iconic designer Vivianna Torun is among the women being celebrated at The Museum of Art and Design’s “Pathmakers” exhibit in New York. The exhibit is a tribute to female designers of the 20th century who made an impact by using materials such as clay, fiber and metals in innovative ways. Ms. Torun was one of Georg Jensen’s most prolific
