Ferrari confirms $850K Enzo Hybrid to be built this year

  Ferrari has confirmed they will be producing a Enzo hybrid supercar and it will arrive in showrooms by the end of this year. Chairman Luca Di Montezemolo has stated “At the end of the year we’ll be unveiling the new Enzo, a limited series model and our first ever hybrid car.” The car will have a mid-mounted V12 gasoline engine and dual electric motors giving the new Ferrari flagship a massive 920 horsepower. It will use a version of Ferrari’s HY-KERS Kinetic Energy Recovery System, have a seven-speed transmission and built with a majority of carbon fibre to keep weight down to a minimum. The new Ferrari Enzo hybrid is expected to sell for over $850,000 USD. No doubt this will be a limited edition vehicle. Even if you have the cash to buy one you better get on the list before they are …

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China will account for half of all luxury car sales by 2020

  It has been predicted that by the year 2020 half of all luxury vehicles will be sold in China. Currently BMW only sells more vehicles in Germany than it does in China. Cadillac only sells more vehicles in the US than it does in China. Luxury car buyers in China are swayed by brand names such as BMW, Mercedes, Cadillac. While domestic Chinese automakers dominate the market for lower priced vehicles, higher priced vehicles are the domain of the big international luxury brands. Super luxury automaker Bentley Motors sells more cars in China than any other market in the world. Currently China has the fourth-largest population of millionaires globally. It is estimated that there are over 535,000 millionaires living in China today. As China’s economy continues to get stronger, an even higher percentage of their population will be ‘high net worth individuals’. This will only …

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Car sales are up even with higher prices and fewer incentives

  Auto dealers are seeing pent up demand for new vehicles driving sales even with higher prices and lower incentives from automakers. It should also be noted that cars are now seeing a larger percentage of sales over SUVs and trucks from last year. The reason is simple, vehicle shoppers are reacting to the higher gas prices and demanding more fuel efficient cars. Used car prices continue to rise as a direct response to lack of quality used cars in the market. Since the recession hit is 2008 the volume of new car sales had been much lower than previous years. The result is a lack of supply of 3 and 4 year old vehicles. Even with higher prices, used car sales continue to beat last year’s levels. No doubt there is a lot of pent up demand where many car buyers can no longer put off replacing their old …

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Ferrari Enzo abandoned in Dubai is not for sale

  Currently there is a million dollar plus Ferrari Enzo sitting in a police impound lot in Dubai literally collecting dust and sand. It was reported that the super-car was to be auctioned off to the highest bidder in the next week. That news appears to be false as Dubai Police are now saying the vehicle is being held as evidence in a theft case along with another Ferrari. Whether or not the car is for sale is one question, however, the burning question to car enthusiasts from all over the world is how they can let the car sit in the dessert sun and cook. The car has been out in the hot sun since August 2011; no question the paint will have sun damage already, not to mention the interior is being baked everyday in direct dessert sunlight. Also, the very expensive …

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Police in hot water after leading ‘Death Race 2012′

  Two New Jersey state troopers have been suspended after they escorted a large number of exotic sports cars down a freeway at speeds topping 100 mph. Eye witnesses stated that in the early afternoon of March 30th they watched as 30 or more super cars raced along the Garden State Parkway in New Jersey. What makes this story so remarkable is that two state police marked cars with their lights flashing, one at the front and one at the rear were leading the Ferraris, Lamborghinis, Porsches and other luxury vehicles along the highway. Witnesses also stated that the super cars were weaving in and out of traffic at speeds well over 100 mph and some even had their license plates taped over. One witness, Wayne Gantt, dubbed the escort “Death Race 2012.” He stated “I had the great pleasure today of nearly …

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New cars to include black boxes by 2015

  Without question many car accidents would be easier to solve with the help of a black box recorder installed by automakers. There is a bill that passed the US senate that would require, starting in 2015, all new cars to have installed event data recorders (EDRs) from the factory. These EDRs would work similar to the way black box recorders work in airplanes recording such things as speed, airbag deployment, braking velocity. It should be noted that many vehicles built in the last several years already have EDRs installed. To see if your current vehicle has a black box recorder look at your owner’s manual. Auto manufactures are required to indicate in the owner’s manual if there is an EDR installed. All vehicles made by GM, Ford, Mazda, Mitsubishi, Subaru and Suzuki have EDRs as standard equipment. The bill still has to pass the House however …

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Electric and hybrid car sales surge as gas prices rise

  New car buyers are turning to electric and hybrid vehicles more than ever as gas prices continue to rise. Both the Chevy Volt and Nissan Leaf have seen increased demand in the last couple months. Although their higher initial cost had discouraged consumers in the past, all that has changed as even higher fuel costs have taken hold. Hybrids such as the Toyota Prius are also seeing a resurgence in demand with both the new Prius C subcompact and the Prius V wagon hitting the market at just the right time. If gas prices top the $4 a gallon mark across the US these cars will see an even bigger boost in sales going forward. Some say gas prices could even reach $5 by midsummer. If that ever happens demand for hybrids and electric vehicles will go through the roof.

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Self-Driving cars could hit the market by 2020

  While Google was the first to test a fleet of driverless Toyota Prius hybrids usings cameras, GPS and radar systems. It now appears that this technology is closer to becoming a reality than many people think. The former head of Research and Development at GM, Larry Burns expects to see driverless vehicles in dealer showrooms by 2020. Many of the features that make driverless vehicles possible are already built into todays cars. Safety features such as collision avoidance systems, lane-keeping assistance and adaptive cruise control are all available currently. Current laws on self-driving cars put the ultimate responsibility for operation in the hands of people on board who can quickly take over driving if things go wrong. Larry Burns sees a day when true driverless cars with no one on board will be shuttling around picking up many passengers every day similar to current …

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The all-new 2013 Dodge SRT Viper has arrived

  The long awaited return of the high-performance Dodge Viper is finally here. 2013 SRT Viper front-side view The all-new 2013 SRT Viper was unveiled to the world at the New York International Auto Show. Many improvements over the previous model have been released: •All-aluminum, mid-engine 8.4-liter V-10 delivers an estimated 640 horsepower and 600 lb.-ft. of torque – the most torque of any naturally aspirated sports car engine in the world •Chassis enhancements bring 50 percent improvement in torsional stiffness •Triple-digit weight reduction results in Viper best power-to-weight ratio •Standard safety features include electronic multistage stability control, traction control and new 4-channel anti-lock brake system (ABS) •All-new, innovative interior designs set new standards with premium materials, new technologies and superior craftsmanship •All-new carbon-fiber and aluminum skin is sculpted for high-speed stability and a slippery .364 drag coefficient (Cd) •Timeless exterior design incorporates iconic Viper styling cues with a contemporary execution [...]

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Batman stopped driving a Lamborghini convertible

  Police in Montgomery County did a double take when they noticed Batman driving a black Lamborghini Gallardo Spyder on the highway they were patrolling. What first caught their attention to the car when they drove behind it was the licence plate was missing and instead it had the Batman sign in its place. It turns out the guy decked out as Batman is actually successful businessman Lenny B. Robinson, who has decided to give back to his community. After pulling the car over, they were pleasantly surprised to hear Batman was on his way to visit children at Georgetown Hospital, to brighten their day. For those interested the batsuit was custom made of leather and neoprene and cost $5,000. It looks just as good as any movie costume. As a side note, Lenny Robinson has been visiting sick kids since 2001 and spends roughly $25,000 …

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