In How the West Was Lost, the New York Times bestselling author Dambisa Moyo offers a bold account of the decline of the West’s economic supremacy.
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Filed under: Motorsports, Australia
It’s official – Australia’s V8 Supercars series is set to bash fenders in Austin, Texas in 2013. The news comes hard on the heels of the Austin city council approving the United States Grand Prix Formula One race at the Circuit of the Americas.
The FIA-sanctioned touring car series has signed a five-year contract and the two 124-mile (200-km) races will be televised live on SPEED. The 3.4-mile Circuit of the Americas will also play host to MotoGP bike racing, having sewn up that series from 2013 to 2022. Check out the full details in the press release after the jump.
Continue reading V8 Supercar Series coming to Austin in 2013
V8 Supercar Series coming to Austin in 2013 originally appeared on Autoblog on Thu, 30 Jun 2011 15:46:00 EST. Please see our terms for use of feeds.
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The soon to be independent oil rich state of South Sudan will mobilize 500 billion dollars worth of investment for infrastructure development in the next five years, says the region’s Vice President, Riek Machar Teny.
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Filed under: Government/Legal, Safety
What a terrible feeling. You walk outside, ready to head out to work or maybe to a friend’s house, and your vehicle is gone. Auto theft is a $6.4-billion-per-year problem. In fact, The National Highway Traffic Safety Administration built a handy infographic to illustrate just how big of a problem vehicle theft has become.
For example, in the time it took you to read this far, one vehicle has been stolen – statistics show that one motor vehicle is stolen in the U.S. every 33 seconds. By the time you’ve finished this post, there is a good chance two or three vehicles will have been lifted. And if you’ve already been relieved of the ownership of your vehicle, there is only a 57-percent chance of getting it back.
The likelihood of getting your vehicle stolen varies depending upon the state you live in. NHTSA tells us that California has the highest auto theft rates, followed by Florida, Texas, Illinois and Georgia. And if you live in Laredo, Texas, we’d suggest getting a club, and a lojack…. maybe throw in a pit bull to stand guard. After all, this Lone Star town has the highest auto theft rate in the nation. And we thought Laredo was best known for its authentic Tex-Mex…
While auto thefts are a huge problem, NHTSA points out that nearly half of all thefts occur because of mistakes like leaving the keys in the ignition or leaving the doors unlocked. Click on the image to the right to enlarge and take a closer look at some very sobering motor vehicle theft statistics.
Infographic: NHTSA helps you crack down on auto theft originally appeared on Autoblog on Thu, 30 Jun 2011 16:57:00 EST. Please see our terms for use of feeds.
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the Supreme Court struck down a California law prohibiting the sale of violent video games to children. In a 7-2 holding authored by Justice Antonin Scalia (with Justices Alito and Roberts …
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Filed under: Car Buying, Crossover, Land Rover, Luxury
Land Rover has slapped a sticker on its all-new 2012 Range Rover Evoque, and when sales begin this fall, $43,995 (not including destination) will get you behind the wheel of LR’s smallest, most efficient ‘ute.
In the run-up to launch, LR made a fuss about the amount of lightweight materials used on the Evoque, ranging from Boron steel in the chassis to composite fenders, a magnesium cross beam and aluminum roof, hood and suspension bits. In addition to utilizing recycled plastic material inside, all that weight-saving tech adds up to a curb weight of 3,680 pounds and – more importantly – a rather commendable 19 miles per gallon in the city and 28 mpg on the highway; sure to help the automakers CAFE standings here in the States. Full details in the press release below the fold.
Continue reading 2012 Range Rover Evoque officially priced from $43,995* with 28 HWY MPG
2012 Range Rover Evoque officially priced from $43,995* with 28 HWY MPG originally appeared on Autoblog on Thu, 30 Jun 2011 15:58:00 EST. Please see our terms for use of feeds.
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Filed under: Coupe, Performance, Lotus, UK
Fast. Lightweight. Eminently enticing. There are a lot of things you could call a Lotus, but perhaps “ambitious” would be the most suitable. The company’s been snapping up former Ferrari personnel en masse, unveiled five new concepts at the same time last year, and plans on returning to producing its own engines to bring them to market.
Now it seems that Lotus has its eye on a rather boastful prize indeed: that of the fastest supercar built in the UK. That’s quite the goal when you consider it’ll be up against the likes of the McLaren MP4-12C and Aston Martin One-77. To get there, Lotus reportedly plans on turbocharging its new V8 up to 612 horsepower, and stripping out the new Esprit to pump up the power-to-weight ratio from both ends in Superleggera fashion.
As it stands, the naturally-aspirated V8 is anticipated to produce 562 horsepower from its 4.8 liters of displacement. Lopping off a couple of cylinders or chopping the block in half could also give Lotus six- and four-cylinder versions of the modular engine for use in a variety of cars. But while the engine may be raced initially (for example in a new LMP2 car) and shoehorned into the other products Lotus plans to bring to market, its first road-going application is expected to be in the new Esprit.
Lotus to turbocharge new Esprit into UK’s fastest supercar? originally appeared on Autoblog on Thu, 30 Jun 2011 14:01:00 EST. Please see our terms for use of feeds.
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Filed under: Sedan, Volkswagen, Diesel, Long-Term Garage
Our long-term 2011 Volkswagen Jetta TDI started its year-long journey with us last month and spent the most amount of days in June under my care, so while I’ve already passed on its keys to a number of other editors, it’s my job to tell you how it fared in its first weeks.
As we mentioned when introducing our long-term Jetta TDI, this 2011 model is vastly different than the 2010 model we had last year. The most noticeable difference is that, unlike the 2010 Jetta and many model years before that, the 2011 doesn’t give a very good first impression. The exterior design is anonymous, the interior feels cheap, and every noise the car makes, of which there are lots, is anything but confidence inspiring.
The new Jetta, particularly when powered by diesel like our long-termer, impresses in ways that take more time to bubble up to the surface. You’re not going to know right away that it can easily clip along at a Prius-smacking 50+ miles per gallon on the highway, like it did for me on the numerous trips from Cleveland, OH to AOL’s offices in Dulles, VA. On my first trip to Dulles with the Jetta TDI, I was so shocked by the trip computer displaying an average of 53.2 mpg that I stopped near the end to fill up and manually calculate the fuel economy. The trip computer turned out to be conservative; I really averaged 53.31 mpg.
Keep your eyes locked on the official Autoblog Facebook page for the majority of our updates, as well as the official Autoblog Twitter account (@therealautoblog, look for the #ablongterm hashtag).
Continue reading 2011 Volkswagen Jetta TDI, June 2011
2011 Volkswagen Jetta TDI, June 2011 originally appeared on Autoblog on Thu, 30 Jun 2011 14:58:00 EST. Please see our terms for use of feeds.
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The Guernsey based trading company Agriterra on Wednesday announced record trading from its maize farming and milling operations in Mozambique.
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Filed under: Japan, Nissan, Earnings/Financials
Carlos Ghosn has the honor of being the highest-paid foreign executive of any Japanese company. The Nissan CEO brought home a staggering $12 million for his efforts at the automaker last year alone, which marks a 10-percent increase over his take-home pay last year. For the sake of comparison, The Economic Times reports that Akio Toyoda, the president of Toyota Motor Company, drew just $1.6 million in compensation and stock options last year.
It’s not as if Ghosn has been sitting on his hands, though. The executive helped lead Nissan to increase its net profit from $524.6 million from March 2008 to March 2009 to $3.95 billion the following year, and he doesn’t seem to be anxious to slow down anytime soon. Ghosn just unveiled a new business plan for Nissan called Power 88, which is supposed to help Nissan capture a total global market share of eight percent. Currently, the automaker holds onto around 5.8 percent of total market share.
Nissan’s Ghosn earned $12M in 2010, making him Japan’s highest-paid foreign exec originally appeared on Autoblog on Thu, 30 Jun 2011 09:29:00 EST. Please see our terms for use of feeds.
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