Archive for August, 2011

Justin Beiber involved in car accident in his Ferrari

  Just days after snagging honors at the MTV Video Music Awards for best male video, Justin Bieber hit a slight bump in the road. The pop star, 17, walked away unharmed after he was involved in a minor fender bender in his Ferrari Tuesday afternoon in Los Angeles, the Los Angeles Police Department confirms to PEOPLE. “No one was injured, and there was no damage to either vehicle,” a statement from the LAPD says. An LAPD official says Bieber was driving through Studio City when the driver of a Honda Civic crashed into his Ferrari, which he says sustained some minor damage. “There was no crime, and it was just a minor accident,” patrol officer John Seffel tells PEOPLE. “It was so minor, so we didn’t file a report.” When police arrived, the paparazzi was at the scene, although it was not known whether the …

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Ontario Government grants Magna $48.5 million for electric vehicle development

  Magna International and the province of Ontario will invest C$432 million over six years to develop electric vehicle technologies. The Canadian province, the center of Canada’s auto industry, will contribute C$48.4 million to the total, a government spokesman said on Monday. “We are delighted to receive support from Ontario to pursue our goal of transitioning Canada’s automotive design, engineering and manufacturing toward the clean economy,” said Magna Chief Executive Don Walker in a release. The funding will go toward developing electric car concepts, parts for electric cars, lightweight materials and components, and an alternative energy project, creating an estimated 728 new jobs. Some projects will be overseen by the Aurora, Ontario-based company’s E-Car venture, said a Magna spokeswoman. Others will focus on making non-electric cars more efficient. Magna founder Frank Stronach, who stepped down as chairman earlier this year, holds a 27 percent stake in …

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Meet ‘Carfellas’ Discovery’s newest reality tv series

  Discovery Channel is offering a peek into the turbocharged world of a Long Island used car dealership in its new reality show, Carfellas, which previews tonight at 10 p.m. The series follows ex-con Mike DeLucia, who’s trying to make an honest living running Broadway Motors in Amityville, Long Island. While Mikey D.’s obsessed with moving inventory, the show focuses on his interactions with co-workers Tommie and Mario. Tommie Tommie, a.k.a “5-by-5″ (5 feet tall and 5 feet wide) loves Cadillacs and possesses some somewhat unconventional ideas for marketing promotions. Mario, who also appears 5 feet wide, is the brains of the group and works as the appraiser. When they’re together, they joke, curse, pull off pranks, peel off $100 bills and throw office equipment at one another, all in the name of reality TV. Just the Facts: •Discovery Channel is previewing Carfellas, a new …

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New car sales expected to jump 9% in August

  Edmunds.com predicted new auto sales in the U.S. will jump 9% in August from the year-earlier month, as estimated double-digit gains from Detroit’s Big Three and Nissan Motor Co. should again offset declines from Japan’s other top manufacturers. August auto sales are expected to be relatively flat compared to the previous month, with the car-shopping website predicting only a modest 2.6% increase. Lacey Plache, chief economist at Edmunds, said while stronger buying conditions are pushing customers to make their car purchases, a weak economic landscape is a looming concern. After a brisk start to the year, sales slumped in May as a result of declining inventories from Japanese auto makers due to the March earthquake, rising new-car prices and consumer concerns about the economy. Sluggish sales were also notched in June and July. For August, Japanese auto makers Toyota Motor Corp. and Honda …

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GM responds to Cadillac Escalade’s high theft rate

  General Motors is fighting back to try to reassure Cadillac Escalade buyers that they won’t be the target of auto thieves following yesterday’s report that the big SUV is No. 1 on the Highway Loss Data Institute’s theft list. GM isn’t denying there’s a problem, noting the “high rate of theft on this vehicle.” But it says it has worked in a bunch of anti-theft measures aimed at reducing more cases of “grand theft auto.” Now, the Escalade has a cryptographic immobilizer system, called PASS Key 3+, that GM says has been proven to thwart drive-away thefts. Since 2010, Escalade has included a steering column lock system to help prevent other theft conditions, including thefts in which it is simply pushed away from where it is parked. “We are currently implementing four new pieces of ‘armor’ on Escalade intended to reduce vehicle thefts, …

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Tom Cruise test drives the Red Bull F1 Race Car

  Tom Cruise took a break from the movies to accept an invitation to test drive the Red Bull Racing Formula One car in Southern California on Monday. David Coulthard, a 13-time grand prix winner and former Red Bull Racing driver, served as Cruise’s instructor for the day with support from a 12-person crew, who flew in from Milton Keynes. Cruise, an avid racing fan who has driven various race cars over the years but never a Formula One car, reached a top speed of 181 miles per hour, just four miles per hour off of Coulthard’s top speed, when racing the 850-horsepower car around the 2.5-mile (4km) Willow Springs race track in Rosamond, California. Cruise completed 24 laps during the seven-hour session, which began with Cruise and Coulthard lapping the track in a passenger car to get familiarized with the racing lines before …

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GM and LG to Jointly Develop Electric Vehicles

  General Motors and LG Group will jointly design and engineer future electric vehicles, expanding a relationship built on LG’s work as the battery cell supplier for the Chevrolet Volt and Opel Ampera extended-range EVs. The definitive agreement signed Wednesday will help GM expand the number and types of electric vehicles it makes and sells by using LG’s proven expertise in batteries and other systems. For LG, the arrangement represents a widening of its portfolio as an automotive solution provider. “Many solutions for tomorrow’s transportation needs may be available more quickly by building on our partnership strategy,” said GM Vice Chairman Steve Girsky. ”Consumers benefit by getting the latest fuel-saving technology faster if we work with the best suppliers and we save time and money in the development process.” The success of the extended-range propulsion system in the Volt and Ampera led to exploring …

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Your 7-step action plan if ever in a car accident

  Accidents can happen. That’s a fact of driving. Good drivers know that and try to be prepared for when things don’t go as planned. “Since being involved in a car accident can be a source of great stress, it’s important to know what to do even before you start piecing together what happened,” advises Isa DiPalo, Senior Manager, Claims Services, TD Insurance. Here is her recommended 7-step action plan to help you make the right decisions during those critical moments following an accident. 1. Stay calm That may be easier said than done — especially if you have children in the car or if someone needs medical attention — but staying calm will help ensure your safety, your passengers’ safety and that of anyone else involved. 2. Call 9-1-1 if… •Someone needs emergency assistance. “Be aware that moving someone who is injured may cause them …

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How to avoid a lemon and save money when buying a used car

  With parents sending their kids off to college, some of them might be in the market for a reliable used car so that their offspring can drive back to the nest for holidays and so on. The first step is to make sure the model you choose was well engineered. After that, you must scrutinize the individual cars you are considering to make sure they have never been in a crash and have always been well-maintained Choosing a Good Model You can start your used car search in your slippers, by consulting the car resources available right on the Internet. If anything, there are too many choices: umpteen gazillion sources of information about used cars. Because I’m into saving time as well as money, I will tell you that you can learn all you need to know by cross-referencing just two resources. The Consumer …

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Ferrari 250 TR auctioned for record $16.4 million

  A 1957 Ferrari Testa Rossa racecar sold at a California auction Saturday for the highest amount ever paid for any car at auction. With the hammer falling at $14.9 million plus the buyer’s premium, the final sale price as $16.4 million. The price includes a 10% fee for the auction company, Goodings & Co. The name of the buyer was not immediately available. The name of the seller, described in Goodings auction catalog as “a preeminent collector with a passion for Italian automobiles,” is also undisclosed. The car, a 1957 Ferrari 250 Testa Rossa, was the first Testa Rossa built, and served as the prototype for all subsequent Testa Rosa race cars. The car has a 300-horsepower 3.0-liter V-12 engine and a four-speed manual transmission, and it had an eight-year racing history in both Europe and the United States. It won first place …

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