Tag Archives: That

10 ROAD BIKES THAT ARE MORE EXPENSIVE THAN A BRAND NEW CAR

Just when you thought things couldn’t get any better than this, you find out that car manufacturers have begun to branch out into bikes. In reality, carmakers have been producing and branding bikes for over 15 years. Mercedes-Benz started this trend by branding an AMP mountain bike. The bike could be folded into a suitcase and put in the trunk of ... Read More »

Carspring, a London and Berlin startup that lets you buy a used car online, raises £5M Series B

Carspring, the London and Berlin used car buying platform founded by Rocket Internet, has picked up £5 million in Series B funding. Backing the round are Rocket Internet itself, along with Channel 4’s Commercial Growth Fund, which offers media in the form of TV advertising in return for equity. In other words, a portion of this round (£1.3m) isn’t cash per ... Read More »

Carwow, a UK startup that helps you buy a new car, raises $39M Series C

Carwow, a platform that helps you buy a new car, has closed $39 million in Series C funding. The round was led by new investor Vitruvian Partners, with existing investors Accel Partners and Balderton Capital also participating. At today’s exchange rate it brings total funding to approximately $62.6 million. Founded in late 2010, Carwow originally launched as a car review ... Read More »

Street Lights Of The Future Will Talk To Cars And That May Not Be A Good Thing

Cars won’t just be driving themselves one day—they’ll be communicating things like traffic conditions and the weather with everything else around them. Connected cars will be masses of sensors and outpouring radio signals, but if carmakers aren’t careful, this data sharing will open itself up to hacks and cyber threats detrimental to your personal safety. Traffic lights, street signs and ... Read More »

That shiny new car is out of reach for many Americans

As wages stagnate and the cost of living continues to rise, paying for a new car is a challenge for consumers, according to a new study. The report by Bankrate.com shows that in all but one of the 25 largest U.S. metro areas, households with median incomes cannot afford the average price of a new car. In six of the surveyed ... Read More »

Infographic: 12 technologies that will feature in future cars

Image: AP London – Cars have been steadily advancing for over a hundred years and are now more efficient, more manoeuvrable and safer than ever before, but what does the future of the automotive industry hold? YourParkingSpace explored some of the emerging technologies that could one day feature on our cars and have created an infographic to show off this ... Read More »

Debt fears over new car deals that only need a £300 deposit: Concerns controversial plans have helped fuel borrowing binge

Fears of a dangerous debt bubble are growing as motorists drive off in new cars after paying a deposit of just £319. Britons spent £3.6billion on car loan deals in March alone, up 13 per cent on a year earlier. But most new car ‘buyers’ actually use loan deals to rent the vehicles. A £12,000 Smart ForTwo car can be ... Read More »

G.M. Wants to Drive the Future of Cars That Drive Themselves

Mary Barra, the chief executive of General Motors, with a Chevrolet Bolt EV at G.M. headquarters in Detroit. CreditJoe Vaughn for The New York Times DETROIT — The chief executive of General Motors, an automaker synonymous with Detroit, saw the future of driving not in the Motor City but on the streets of San Francisco. Mary T. Barra, a G.M. ... Read More »

40 amazing cars that dominated the 2017 Shanghai Auto Show

Over the past decade, China has emerged as a force to be reckoned with in the automotive universe. For most car makers, the Middle Kingdom is either first or second on its list of priorities. Thus, it is only fitting that the 2016-2017 auto show season would come to a conclusion in China’s most cosmopolitan city. The Shanghai motor show ... Read More »

What future for the European Union now that Britain is leaving?

‘The truth is that France’s Charles de Gaulle vetoed ­Britain’s application to join in 1963 and again in 1967. Perhaps if we had been allowed to join at the get-go things would have been very different now,’ writes Linda Hawes. Photograph: Yves Herman/Reuters “Brussels has no power over most salient issues”, “Most immigration comes from outside the EU, where policy ... Read More »