Foreign carmakers poured billions into Russia over the past decade, expecting the emerging market to overtake Germany as the region’s biggest car market. But with the 40% decline in the Russian ruble in just six months, their dreams have been dashed and they are shifting into damage control mode as selling cars in Russia under current conditions might actually cause them to lose money instead.
Riding on the end of Tesla’s tailwind, Audi plans to finally introduce its first all-electric production vehicle in 2017. In an interview with Bloomberg, the German marque’s CEO, Rupert Stadler, said that the company’s engineers are working on an electric car which will meet US zero-emission regulations. “It’s probably going to be a crossover, but development work is still ongoing,” he said.
Sébastien Buemi claimed his first victory in the Formula E series in Punta del Este, Uruguay, after holding off a worthy challenge put up by Jean-Éric Vergne. Vergne had started on pole, but made contact with a barrier early in the race, damaged his suspension, lost the lead, and spent the rest of the race trying to make up for lost time.
Only a few weeks ago, the Smart Phone Taxi service was valued at US$40 billion but it now looks like the game is all but finished for the taxi service that pretends to be a ride-sharing scheme as authorities from California to Thailand are gunning for them.
We’ve all seen cars racing to be crowned the fastest, but have you seen a battle of FLAMES? These three Lamborghini Aventadors shoot out exhaust flames to see who can make the biggest ones. Turn up the volume for the revving is as exciting as the flares. Who do you think won?
Uber is described by Uber as a ridesharing service with its headquarters in San Francisco, USA. It currently operates in multiple cities and works with the use of a Smart Phone App that arranges rides between riders and drivers. Would-be users have to have an account with Uber and use the app to request a ride, and thereafter use the app to track the reserved vehicle’s location.