Recently, a happy motorist from Australia wrote to us about how he significantly improved the fuel economy of his Mercedes-Benz; and now he actually gets better fuel economy than what the manufacturer claims he can…an unusual occurrence, as our staff writer, LING, found out when she researched the subject.
In scenes reminiscent of a Hollywood blockbuster starring the likes of Will Smith, Mercedes-Benz has been showcasing their version of the future of road transportation with the Mercedes-Benz Future Truck, which they believe will be on sale and on the roads of Europe in less than ten years’ time.
Rain at the Jacksonville North Carolina racetrack postponed the Coastal Carolina 200 race for a day, but when Sunday afternoon came, Caleb Holman picked up the MAHLE Pole Award in qualifying and then led throughout the entire race to what was an easy victory, his fourth of the 2014 X-1R Pro Cup season.
Rain at the Jacksonville North Carolina racetrack postponed the Coastal Carolina 200 race for a day, but when Sunday afternoon came, Caleb Holman picked up the MAHLE Pole Award in qualifying and then led throughout the entire race to what was an easy victory, his fourth of the 2014 X-1R Pro Cup season.
Cash-rich Hyundai Motor, the largest automaker in South Korea, outbid Samsung Electronics for a piece of prime real estate in Seoul. After becoming the new owner of the property with a record-breaking US$10 billion bid, triple the piece of real estate’s assessed value, Hyundai’s shares took the biggest dive it has had in three years, tumbling by 9.2% last Thursday after the seller, state-run Korea Electric Power (KEPCO), made the announcement; meanwhile, KEPCO’s shares climbed 5.8%.
British sports car manufacturer, Lotus, has announced plans to cut 325 jobs from its global workforce. It doesn’t sound like a very large number, but considering that that is more than a quarter of its global employees, it is certainly a seismic shake-up