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Koenigsegg's craziest supercar yet debuts at Geneva
Mon, 03 Mar 2014Here's what you need to know about the Koenigsegg One:1. It weighs 1,360 kilograms; it produces 1,360 hp. One horsepower per kilogram, which is why mad scientist Christian Von Koenigsegg is absolutely justified in bragging about it: it's the world's first "mega car," he said.
Russo and Steele auction remains closed
Sat, 23 Jan 2010The Russo and Steele Collector Automobile Auction remained closed on Saturday as work crews continued to asses damage and clean up from high winds that destroyed two tents at the auction site in Scottsdale, Ariz., on Thursday night. In a message posted on the Russo and Steele Web site, CEO Drew Alcazar said he would meet with consignors of the cars at the auction on Saturday morning. He added that the auction would remain closed on Saturday but that Russo and Steele would work to hold auction sessions on Sunday and Monday.
BMW & Toyota to collaborate on next-generation lithium-ion battery cells
Tue, 27 Mar 2012Toyota & BMW to work together on next-gen lithium-ion batteries BMW and Toyota are to work together to develop next-generation lithium-ion battery technology to try and make battery power more effective. Late last year we learnt that BMW and Toyota are to work more closely to share technology and expertise as the car industry enters a period of consolidation and partnership to try and keep R&D costs under control, and make their products more cost-effective. The result of the BMW Toyota tie-up sees BMW getting access to some of Toyota’s Hybrid nous and Toyota getting access to BMW’s excellent diesel engines.