Security researcher UpGuard Cyber Risk disclosed Friday that sensitive documents from more than 100 manufacturing companies, including GM, Fiat Chrysler, Ford, Tesla, Toyota, ThyssenKrupp, and VW were exposed on a publicly accessible server belonging to Level One Robotics.
The exposure via Level One Robotics, which provides industrial automation services, came through rsync, a common file transfer protocol that’s used to backup large data sets, according to UpGuard Cyber Risk. The data breach was first reported by the New York Times.
According to the security researchers, restrictions weren’t placed on the rsync server. This means that any rsync client that connected to the rsync port had access to download this data. UpGuard Cyber Risk published its account of how it discovered the data breach to show how a company within a supply chain can affect large companies with seemingly tight security protocols.
This means if someone knew where to look they could access trade secrets closely protected by automakers. It’s unclear if any nefarious actors actually got their hands on the data. At least one source at an affected automaker told TechCrunch it doesn’t not appear that sensitive or proprietary data was exposed.
UpGuard’s big takeaway in all of this: rsync instances should be restricted by IP address. The researchers also suggest that user access to rsync be set up so that clients have to authenticate before receiving the dataset. Without these measures, rsync is publicly accessible, the researchers said.
The breach exposed 157 gigabytes of data—a treasure trove of 10 years of assembly line schematics, factory floor plans and layouts, robotic configurations and documentation, ID badge request forms, VPN access request forms. The breach even included sensitive non-disclose agreements, including one from Tesla.
Personal details of some Level One employees, including scans of driver’s licenses and passports, and Level One business data, including invoices, contracts, and bank account details.
The security team discovered the breach July 1. The company successfully reached Level One by July 9 and the exposure was closed by the following day.
Chinese search engine giant Baidu have partnered with Softbank subsidiary SB Drive and manufacturer King Long to deploy a self-driving mini bus service to Japan early next year.
The agreement was announced at Create Baidu, the company’s annual AI developer conference in Beijing. Under the agreement, a version of Baidu’s Apolong autonomous mini bus will be exported to Japan from China in early 2019. This agreement, which for now includes an order of 10 buses, marks the first time autonomous vehicles will be exported from China.
Apolong, co-developed with King Long, is outfitted with Baidu’s Apollo autonomous driving system, which is capable of Level 4 operations, a designation by automotive engineering association SAE International that means the vehicles take over all driving in certain conditions. The buses, which will initially deployed in tourist spots, airports, and other controlled, or geo-fenced areas.
Baidu announced earlier at the conference that it has started volume production of the autonomous mini buses in partnership with King Long. The buses are being produced at King Long’s manufacturing facility in Xiamen, in southeastern China’s Fujian province.
Baidu plans to launch the autonomous bus service in several Chinese cities including Beijing, Shenzhen, Pingtan and Wuhan.
At the Code Conference tonight, Uber CEO Dara Khosrowshahi spoke about the company’s relationship with drivers, autonomous driving, uberEATS having a $6 billion bookings run rate, taking over as CEO and flying taxis, obviously.
Just this week, San Francisco City Attorney Dennis Herrera sent subpoenas to Uber and Lyft seeking information on driver pay, benefits and classification info. Uber wasn’t available for comment at the time, but now it seems that the company is looking at ways to offer benefits and insurance to drivers. Specifically, Uber is looking at an economically-sound way to offer drivers a benefits and insurance package so that “this can be a safer way of living,” Khosrowshahi said.
And despite what former Uber CEO Travis Kalanick said in the past about needing to get rid of the driver, Khosrowshahi said he disagrees.
“The face of Uber is the person sitting in the front seat,” Khosrowshahi said. He added that it usually is a man driving, but that he would “love to have more women sitting in the front seat” because it’s a “great form of employment.”
“We will get back on the road over the summer,” Khosrowshahi said.
Uber also envisions licensing its technology — once it’s safe enough — to third-parties and original equipment manufacturers (OEMs). Despite the high-profile lawsuit between Uber and Waymo over self-driving car technology, Khosrowshahi said he’d welcome Waymo to put its cars into its network. Regarding Uber’s relationship with Waymo, Khosrowshahi said it’s “getting better.”
In addition to Uber’s core driver business and autonomous driving, it has several other things going on for it. One of those is uberEATS, which Khosrowshahi said has a $6 billion run rate, is growing 200 percent and is the biggest food delivery company in the world, with the exception of those in China.
Just like residential and buildings have gone three-dimensional, Khosrowshahi said, “you’re going to have to build a third-dimension in terms of transportation.”
For Uber, Elevate is its “big bet” on that third-dimension of transportation, he said. The big plan with all of these modes of transportations — whether that’s bike-sharing, ride-sharing, flight-sharing or whatnot — is to become a multi-modal transportation service.
“We want to be the Amazon for transportation,” Khosrowshahi said.
Earlier in the conversation, Khosrowshahi shed some light into how he had no idea he’d get the chief executive officer job at Uber. In fact, he said that while his wife thought he would get the job, he wasn’t as optimistic.
He also spoke about his relationship with Kalanick and how, early on, Khosrowshahi asked for space and Kalanick respected that.
“I consult with him the way I consult with the board,” Khosrowshahi said.
Moving forward, Khosrowshahi still has his eyes set on the second half of 2019 to go public.
The 2.5-year-old company said in an announcement that $250 million of vehicles were sold last year across its three markets: Indonesia, Thailand and Singapore. That’s more than double the $120 million it claimed in 2016. Last March, Carro introduced its Genie Finance underwriting business, and over its first year, it claims to have originated over $100 million in loans while amassing a loan book of nearly $40 million.
Carro CEO Aaron Tan previously spent time at Singtel Innov8 and is one of a trio of co-founders. Tan told TechCrunch that the capital will initially be spent growing Carro’s business in Indonesia, Thailand and Singapore, but further down the line, there’s a plan for expansion.
“The exact markets are still to be determined but it may be a small setup in Japan and other sources of cars,” he added.
Carro has already expanded in terms of services. Initially a vehicle marketplace, it launched Genie Finance and has also forayed into insurance brokerage and road-side assistance. It recently introduced a service that completes vehicle sales in 60 minutes — Carro Express — which it said is now available in 30 locations across Southeast Asia.
“We will double down on our online marketplaces and financing in emerging markets this year. Ultimately, we want to improve the experience of selling and buying a car, as well as provide access to capital to the next billion people, which will improve the quality of lives,” Tan said in a statement.
Carro is rivaled by a number of startups, including BeliMobilGue in Indonesia, Carsome, iCar Asia and Rocket Internet’s Carmudi, although with its new raise in the bank Carro is the best-funded by some margin.
In the case of Carmudi, the business has retrenched itself. At its peak it covered over 20 markets worldwide across Asia, the Middle East, Africa and Latin America, but today its focus is on Indonesia, the Philippines and Sri Lanka.
Carro’s monster raise follows another notable deal in Southeast Asia today which saw Carousell close a Series C round worth $85 million. The firm added backing from new investors DBS, Southeast Asia’s largest bank, and EDBI, the corporate investment arm of Singapore’s Economic Development Board.
Tesla has provided another update to last week’s fatal crash. As it turns out, Tesla said the driver had Autopilot on with the adaptive cruise control follow-distance set to minimum. However, it seems the driver ignored the vehicle’s warnings to take back control.
“The driver had received several visual and one audible hands-on warning earlier in the drive and the driver’s hands were not detected on the wheel for six seconds prior to the collision,” Tesla wrote in a blog post. “The driver had about five seconds and 150 meters of unobstructed view of the concrete divider with the crushed crash attenuator, but the vehicle logs show that no action was taken.”
The promise of Tesla’s Autopilot system is to reduce car accidents. In the company’s blog post, Tesla notes Autopilot reduces crash rates by 40 percent, according to an independent review by the U.S. government. Of course, that does not mean the technology is perfect in preventing all accidents.
As Tesla previously noted, the crash was so severe because the middle divider on the highway had been damaged in an earlier accident. Tesla also cautioned that Autopilot does not prevent all accidents, but it does make them less likely to occur.
No one knows about the accidents that didn’t happen, only the ones that did. The consequences of the public not using Autopilot, because of an inaccurate belief that it is less safe, would be extremely severe. There are about 1.25 million automotive deaths worldwide. If the current safety level of a Tesla vehicle were to be applied, it would mean about 900,000 lives saved per year. We expect the safety level of autonomous cars to be 10 times safer than non-autonomous cars.
In the past, when we have brought up statistical safety points, we have been criticized for doing so, implying that we lack empathy for the tragedy that just occurred. Nothing could be further from the truth. We care deeply for and feel indebted to those who chose to put their trust in us. However, we must also care about people now and in the future whose lives may be saved if they know that Autopilot improves safety. None of this changes how devastating an event like this is or how much we feel for our customer’s family and friends. We are incredibly sorry for their loss.
This development, of course, comes in light of a fatal accident involving one of Uber’s self-driving cars in Tempe, Arizona.
Tesla has shed some more light on the fatal crash and fire involving a Model X car last week. In a blog post tonight, Tesla said it’s not yet clear what happened in the time leading up to the accident. Tesla also said it does not yet know what caused it.
Tesla did note that, according to its data, Tesla owners have driven that same stretch of Highway 101 with Autopilot engaged about 85,000 times since Tesla first rolled out the automated control system in 2015. Since the beginning of this year, Tesla drivers have successfully handled that stretch of the highway 20,000 times, according to Tesla.
“The reason this crash was so severe is that the crash attenuator, a highway safety barrier which is designed to reduce the impact into a concrete lane divider, had either been removed or crushed in a prior accident without being replaced,” the company wrote.
Below, you can see what the barrier was supposed to look like versus what it looked like the day before the accident.
Tesla says it obtained the image of the more recent photo from the dash cam of a witness who regularly makes the commute. The company went on to say it has “never seen this level of damage to a Model X in any other crash.”
As previously reported, the accident also caused a fire. In the event there is a fire, Tesla says its battery packs are designed so that people have enough time to get out of the car.
“According to witnesses, that appears to be what happened here as we understand there were no occupants still in the Model X by the time the fire could have presented a risk,” Tesla wrote. “Serious crashes like this can result in fire regardless of the type of car, and Tesla’s billions of miles of actual driving data shows that a gas car in the United States is five times more likely to experience a fire than a Tesla vehicle.”
The promise of Tesla’s Autopilot system is to reduce car accidents. In the company’s blog post, Tesla notes Autopilot reduces crash rates by 40 percent, according to an independent review by the U.S. government. Of course, that does not mean the technology is perfect in preventing all accidents.
2 NTSB investigators conducting Field Investigation for fatal March 23, 2018, crash of a Tesla near Mountain View, CA. Unclear if automated control system was active at time of crash. Issues examined include: post-crash fire, steps to make vehicle safe for removal from scene.
“Out of respect for the privacy of our customer and his family, we do not plan to share any additional details until we conclude the investigation,” Tesla’s blog post stated. “We would like to extend our deepest sympathies to the family and friends of our customer.”
It’s easy to fall into the trap of buying a latte on your way to work every day, especially when every other store is a coffee house. But do you really want that expensive coffee or is it simply a force of habit?
The average American spends a whopping $1,100 a year or $91 a month on coffee. Forgo the daily coffee spend and make your own at home instead and you could easily afford to buy a Honda Jazz with those savings. It’s perfect for zooming around the city.
The new Apple iPhone created a buzz as soon as it was released. Unfortunately, the buzz subsided once consumers saw the monthly contract prices that come with the phone- an eye-watering $157 a month!
If you don’t really need the latest smartphone and all its associated tech, why not go for a lesser and cheaper model. Do so and you could afford to buy a Toyota Aygo!
Cut: Monthly nights out Get: Seat Ibiza
A night out in a big city costs around $83 a pop by the time you’ve bought drinks, paid entry, and possibly had a late-night snack. To sum that up, that’s about $332 a month.
Do yourself a favor by giving up a few big nights out. You won’t only enjoy more hangover-free mornings (which your head will love you for) but you’ll also be able to treat yourself to a Seat Ibiza instead.
Cut: Takeout food Get: Peugeot 108
Leading a busy life means it’s tempting to call in a takeout after a hard day at work. And the rise of fast-food ordering apps means you can order a pizza in a matter of moments.
But at a monthly cost of $153, takeaways don’t come cheap. Do your waistline and your wallet a favor and ditch them. That way, you can drive away in a gorgeous Peugeot 108 instead.
Cut: Cigarettes Get: Audi A1
Smoking your way through a 20-pack cigarette costs a staggering $447 a month. Not only is it a painfully expensive habit, it is also proven terrible for your health. Why spend that much money on something so bad for you when you could put that money towards a set of wheels instead?
Forget your cigarettes and you’ll start to look, feel, and smell better in days. You can treat yourself to an Audi A1 as a reward.
Cut: Luxury subscription services Get: Toyota Previa
Luxury subscription box services where you get, for example, some tasty organic food delivered to your door a few times a month are super trendy right now. They’re also expensive, costing around $86 a month.
If you find that most of the food usually ends up left uneaten, your subscription might not be all that worth it. Cut it out and you could afford to make monthly payments for a Toyota Previa.
Cut: Date night Get: Vauxhall Corsa
Now, we’re not for a minute suggesting you shouldn’t go on dates. But if you’re willing to go on one less a month, you’d be saving yourself a sizeable $104. That’s enough to buy a Vauxhall Corsa! Log off Tinder and get behind the wheel instead. Dating is overrated anyway, right?
By cutting out some of your non-essential expenses, you can easily create your car budget. If you are still in doubt how to start, you can use a car finance calculator to find out which vehicles will suit your budget.
Waymo has ordered thousands of new Chrysler Pacifica minivans from FCA to help populate its autonomous ride-hailing fleet, which it will open to the public in 2018, the company says. The public launch of its Pacifica-based self-driving ride hailing service is set to occur sometime later this year, after Waymo starts testing its minivans without anyone behind the wheel, achieving true Level… Read More
GM and Cruise are making progress on their plan to deploy autonomous vehicles on roads for the public: Today, it’s showing off its fourth-generation Cruise Autonomous Vehicle (AV), which comes just a few short months after it first revealed its third-generation vehicle. The fourth generation car is production-ready, according to GM’s Dan Ammann, who discussed the new vehicle on a… Read More
Nvidia will power artificial intelligence technology built into its future vehicles, including the new I.D. Buzz, its all-electric retro-inspired camper van concept. The partnership between the two companies also extends to the future vehicles, and will initially focus on so-called “Intelligent Co-Pilot” features, including using sensor data to make driving easier, safer and… Read More
Lyft is the latest company to be added to the ever-growing list of those permitted to test their self-driving technology on California state public roads. The California Department of Motor Vehicles added Lyft to the list recently (via Axios), following Lyft’s foundation of a self-driving technology development center earlier this year, and its announcement that it would work on both its… Read More
Tencent is making progress on its own autonomous driving system, according to Bloomberg. The report says that Tencent, one of China’s largest tech firms and the maker of WeChat, already has a prototype and is testing the system internally. Read More
Most of us agree that car repair can be costly. Every time you take your automobile to a repair shop, you are forced to part with some amount of money.
There are different categories of car repairs. Major repairs need to be handled by people who are well-trained in handling various issues that affect cars. The other category is the minor repairs. Although you can seek the services of a mechanic, you can do most of them on your own.
Here are some of the basic car repairs that you can handle to save money.
Oil ensures that your car engine operates smoothly and lasts for long. As a car owner, you need to check the oil levels of your car on a regular basis.
You can change your car’s oil without seeking help from experts. In fact, it is one of the fundamental skills that any car owner should have.
Changing your car’s oil involves a few steps. First, you will need to remove the drain plug. Secondly, unscrew and empty the oil filter. After that, fix the plug into its original position, remove the filler hole cap then pour fresh oil. It’s as simple as that!
It is necessary to jump start the car if its battery dies. All you need is another vehicle whose battery has the same voltage as yours. The good news is that most car owners are always willing to help each other to solve this problem. The first step is to connect the jumper cables from a Samaritan’s battery to yours. While doing so, ensure that both the vehicles are off.
Changing spark plugs
We all know the critical role that spark plugs play in a car. These are small but essential devices found in the cylinder. They are responsible for powering your car.
Your car’s spark plug can wear down once your vehicle covers a specific number of miles. Once that happens, you need to know how to fix it on your own.
Locate the exact location of the spark plug, remove the connecting wire and then remove the faulty spark plug. In its position, put the replacement then fix the plug wires to their respective positions.
Changing a flat tire
This is another necessary basic car repair practice that you need to know. Since you’ll never know when and where you will have a flat tire, you need to be prepared. Changing tires is always classified under life-saving skills.
First, you will have to lift the car off the ground using a jack stand. After that, remove the lug nuts and then the flat tire. Put your spare tire into position and wrench the lug nuts back to their place.
Changing brake pads
Brake pads can be the only thing that will stand between you and what would have been a nasty accident. This is because brake failures cause most accidents, so you should ensure that your brake pads are always in excellent condition.
Changing brakes is not an expensive or complicated process. You can do it and save money on car repair. The procedure of changing brake pads is almost similar to that of changing the tires.
Once you remove the wheels, remove the slider bolts and the older brakes. Fix the new brake pads and secure them in position using slider bolts
Changing car battery
A car battery can die when you least expect it so be sure to routinely check the state of your battery. This will help you know if you need to get a replacement soon.
To change your car battery, remove all the covers then disconnect the negative cables. Shift the clamp from the battery post and then disconnect the positive wires. Remove all the screws and replace the old battery with a new one.
Removing scratches from the car
Although it may appear to be a minor aesthetic problem, it can end up costing you some good amount of money. After all, you would like your car to have the best appearance and would pay any amount to achieve this goal.
Did you know that getting rid of scratches is another basic car repair that you can do at home?
To execute this task, you need to find out the depth of the scratch first. Secondly, sand-scratch and clean the area. Apply some rubbing compound on the scratch. Use the same compound to polish the area and then wax it. With these steps, the scratch will be eliminated.
Replacing the wipers
Do you really have to pay an expert to repair your windshield wipers?
Save yourself from this unnecessary cost by executing the repair on your own. The poor performance of your wipers is likely due to broken blades. To repair them, simply lift the wiper from the windshield and press the small tab to allow the blade to come off. Replace both wipers and you’re good to go.
Replace air filters
Most car owners tend to overlook air filters but they are as important as the other parts of a vehicle. The filters protect your car’s engine from dust and other solid contaminants.
Their effectiveness tends to degrade with time, which makes replacement inevitable. To do that, you need to find the exact location of the air filter and then remove it. Clean the air filter housing before you insert a new filter in it. This basic car repair can save you a good amount of money.
From the article, it is clear that you don’t have to attend any class to perform basic car repair and maintenance. The tips above can help you save money that you would otherwise spend on a mechanic to handle your car’s issues.
If you’re planning a European getaway sometime soon, you need to start considering arranging a cheap car hire for your trip. It will give you the freedom to explore, save you time on your trip and you won’t have to worry about your own car being stolen or damaged.
But, as you’ve no doubt discovered, car hires can sometimes prove to be a confusing process. Some cities are more suited to be explored in a car than others and that will depend on what time of the year you are traveling. There are, however, some staple cities across Europe that always offer an enjoyable holiday and hidden gems to discover by car on a budget.
Here are the top ten wallet-friendly European car hire destinations – plus some top tips on saving money while you’re there.
Total Cost: £178.09 | Car Hire Cost: £10.21
Three places to go: You must visit the historical masterpieces while you are here. Great choices include the Colosseum, the Pantheon and the Vatican.
Money-saving tip: Entry to lots of Rome’s museums is free on the first Sunday of each month.
Total Cost: £176.26 | Car Hire Cost: £10.86
Three places to go: The architectural delights of Antoni Gaudí (you’ll see his work all over the city), unparalleled views from Montjuïc mountain and Raval, Barcelona’s literary quarter, are some of the places you shouldn’t miss here.
Money-saving tip: Avoid the overly-touristy areas and explore a side street. You’ll find quality food at good prices.
Total Cost: £165.18 | Car Hire Cost: £10.32
Three places to go: Head to the world’s most famous architectural mistake, the Leaning Tower, the beautiful Duomo (cathedral) and enjoy some quality natural gelato at Gelateria De’ Coltelli.
Money-saving tip: Book your trip to the tower online. You’ll be able to skip the lengthy queues.
Total Cost: £157.16 | Car Hire Cost: £9.14
Three places to go: Enjoy cheap tapas from street vendors, visit the expansive 19th-century park Buen Retiro and take a stroll along the Gran Vía, Madrid’s main thoroughfare.
Money-saving tip: Save money on food, gifts and lots more by taking a trip to one of Madrid’s flea markets. El Rastro and Rave are two of the most popular.
Total Cost: £150.58 | Car Hire Cost: £15.28
Three places to go: Don’t forget to visit Torre de Belém (Lisbon’s Gothic tower and a UNESCO world heritage site), Ler Devagar (the city’s cultural centre) and São Jorge Castle (11th-century castle with an archaeological museum).
Money-saving tip: The Lisboa Card gives you free entry to 28 museums, monuments and places of interest. It will also get you discounts on local services and shops.
Total Cost: £148.12 | Car Hire Cost: £7.87
Three places to go: Be sure to visit one or both of those world famous football stadiums, Manchester Art Gallery and John Rylands Library, a late-Victorian architectural wonder.
Money-saving tip: Free walking tours taking in the best of Manchester run every Tuesday, Friday, Saturday and Sunday. Be sure not to miss them.
Total Cost: £131.96 | Car Hire Cost: £5.02
Three places to go: The Picasso Museum, Gibralfaro Castle and Tivoli World, a family-friendly theme park, should never be out of your list while you’re in Malaga.
Money-saving tip: Avoid the Costa del Sol’s toll roads by downloading a sat nav app that helps you steer clear of the hassles.
Total Cost: £130.39 | Car Hire Cost: £9.01
Three places to go: Visit the Bullring for shopping and Birmingham Oratory and St Paul’s Church for a taste of the city’s architectural past.
Money-saving tip: Download the Bullring’s PLUS app to get free parking at the retail center.
Total Cost: £129.29 | Car Hire Cost: £13.10
Three places to go: Take a cable car to the summit of Mount Teide, Spain’s highest mountain, visit La Laguna, the former capital of Tenerife and enjoy a couple of hours in Malpaís de Güímar, a natural park.
Money-saving tip: Many of Tenerife’s best museums are free to enter all day on Fridays and Saturday afternoons.
Total Cost: £110.93 | Car Hire Cost: £7.83
Three places to go: Climb up to Santa Barbara Castle, browse the Alicante Museum of Contemporary Art and do some snorkeling on Tabarca Island, just off the coast of Alicante.
Money-saving tip: Mercado Central is Alicante’s most popular food market, offering cheap meat, vegetables, bread, dairy and sweets.
Now that you know where to go, how can you ensure you get a cheap car hire deal no matter where you go?
Here are some tips you can use:
As with most things, booking ahead can save you some serious cash. If next year’s holiday is booked and your dates are locked down in your diary, why wait to sort the car hire? Do it now while you’re thinking about it and save some money in the process.
Do you really need a luxury vehicle?
When booking a car hire, it can be tempting to take out a high-end vehicle and imagine yourself zooming around picturesque mountain roads in the latest high-performance car. Unfortunately, such vehicles are often more expensive than their rather more run-of-the-mill brothers and sisters.
Ask yourself if you really need something swish. When you’re on a holiday, what probably matters most is space. There should be enough for your stuff and for the people coming with you. Opting for a standard vehicle that suits your needs could be a much more affordable and practical option.
Understand the extras
Some car hire deals look cheap but once you look under the bonnet, they are actually a little more expensive. To avoid getting tricked, make sure you know exactly what your deal will cover before you book.
Get your arrival time right
Give your car rental provider an accurate idea of when you’ll be picking up the car. If your flight is delayed, your reservation could be cancellled, especially if it’s at a busy time. This is annoying but it could also incur additional costs. If you can get in touch with the car hire check-in desk to let them know you’re running late, do so.
Make sure any pre-existing damaged is logged
When you hire a car, you’ll usually get an inspection form before you drive away with it. This form will detail any damage that’s already on the car. If you spot some damage but it’s not on the form, make sure it gets logged immediately. Otherwise, you could end up paying for damage you didn’t cause. And, of course, make sure you take care of the car when you’re exploring the city.
Hiring a car can transform a holiday. Giving you the freedom of the open road, it allows you to get out and explore. Next time you choose a car hire, do your research, follow some top tips and you’ll be well on your way to bagging a great deal that won’t break the bank.
Most of us dream of owning a sleek, sexy and fast sports car. We see these amazing machines in movies, such as in Fast and the Furious, The Transporter and, most recently, Baby Driver.
With movies like these that show how outstanding and powerful these cars are, it’s no wonder why a lot of people want to own one. The sight of even seeing one makes a lot of people have goosebumps. As the driver inside the car revs the engine, its roar makes people shudder and look in awe.
Certainly a head turner in the streets, sports cars are also a unique status of wealth and power. Each car can be custom-made to fit the specifications of the owner. This fact is the reason why almost all of these cars cost a fortune.
However, for those who are financially secure and capable of buying a luxurious sports car, here are five facts you need to know first.
Expect Nothing Less
As an owner of a sports car, you shouldn’t expect less. The reason why these machines cost so much is that everything about it is made to be perfect for you. From the sexy look of the car, the excellent paint job, to the mechanical aspects and engine power, your car is equipped to please your every demand.
In addition to being customized, elite companies, such as Ford, Lamborghini and BMW, all have the capability to let other people know that you are worthy and capable of driving such an awe-inspiring machine.
Reality of Problems
Sadly, even if you’ve finally realized your dream of owning a sports car, reality will soon sink in. Owning a sports car requires tons of meticulous care, expensive repairs, and hefty taxes.
And if you’re a person who has a family, especially with teens, you’re going to have to accept the fact that they want a piece of your car. They’ll want to take it out for a spin, which could mean a bad thing for you and your dream car. Buying a sports car is difficult. Maintaining one is twice as hard.
Not for the Family Guy
Most sports cars are only for two: one for the driver and one “riding shotgun”. You can’t cram in more people inside if you want a comfortable ride. Sports cars aren’t for family trips.
Another reason why sports cars cost too much is that of their resalable value.
A lot of car enthusiasts or collectors are on the lookout for second-hand sports cars because they know of the difficulties of maintaining one. Since they are properly cared for, second-hand sports cars can remain as good as a new one, but with much lower price tags.
Although a second-hand sports car is cheaper compared to a brand new sports car, its price is still attractive. Some second-hand cars can even cost higher than the original price once their reputation and rarity rise through time.
An example of this is a 1962 Ferrari 250 GTO Berlinetta which sold for only $33,500. The car was held on by its owner for almost 49 years. After waiting, he finally sold it for a whopping $38,115,000. Now, that’s value through the years.
Your sports car can be an absolute head-turner. This is one reason why a lot of people do silly things when driving their sports cars.
No matter how tempting it is, don’t get caught up in the moment and do something that can damage your vehicle. Take pride in your purchase, but don’t do anything stupid that will jeopardize everything that you’ve worked for all your life.
A lot of people think that the only hurdle in buying a luxury car is the absurdly high cost. However, when they do get to make that purchase, maintaining the car is twice as difficult. A lot of individuals will discover that going to any mechanic or to any other place that will take care of your car will charge extra.
Fortunately, owning a supercar isn’t just all about expensive maintenance. When you do get to own one, prepare yourself for the immense feeling of joy and pride when you drive it down the road. Flaunt your car responsibly and there will be no problems for you and your sports car.
The long and dramatic process for naming a new Uber CEO may be coming closer to an end.
First reported by Kara Swisher, our sources are also telling us that former General Electric CEO Jeff Immelt is still being seriously considered and the board vote is expected to happen soon. The talks were first reported several weeks ago.
Co-founder and CEO Travis Kalanick was asked to resign in June… Read More
Less than a month after announcing plans to spin out its transportation and mobility business, Korean tech firm Kakao has inked deals to put hands-free systems inside cars from Korea’s second largest automotive firm Hyundai and its Kia affiliate.
Kakao is best known for operating Korea’s top messaging app, Kakao Talk, which is installed on over 95 percent of the country’s… Read More
Ride sharing and ride hailing are often lumped together, but the two services are completely different. One is more like a taxi while the other is more like a bus. What’s not different about the two is that there is still a lot of confusion about who is legally responsible if there is an accident.
Because drivers don’t usually need commercial insurances even though they are performing a duty for which they are getting paid, insurance companies are often reluctant to pay up in the event of an accident.
To clear things up, here’s what you need to know.
Ride hailing is common
Over half of adults in the United States have heard of a ridge hailing or ride sharing app, but only about 15% have used one. This brings a lot of confusion about what it is, what the legal ramifications are as well as its regulations.
Most people who use these services are affluent and between the ages of 18 and 49. 29% of college graduates have used these services as well.
A little over a third of all adults believe that ride sharing services should be treated like commercial taxi services, while about the same percentage of frequent ride sharing users believe the same thing. Even though the liability is the same, most people don’t believe ride hailing drivers are no different from taxi drivers.
More states and municipalities are starting to realize the legal gaps that are occurring with these services and are making attempts at patching them up. It’s likely that more regulations will be passed in the future to protect both driver and passenger.
If you are a driver, you may not be covered
Driving for a ride sharing or ride hailing service can be risky if you don’t pay extra for commercial insurance. Unfortunately, this is a catch-22 because most companies pay so little that you would pay more for commercial insurance than you would end up making in fares.
Currently, New York City requires drivers to carry commercial insurance, which is as much to protect the drivers as it is to protect the riders. What if you are in an accident on your way to pick up a fare and your insurance doesn’t want to pay up? Or worse, if they do pay up and end up raising your rates for the next several years?
It’s definitely worth checking into your coverage before deciding to work a side hustle. The coverage provided by the ride sharing and ride hailing services might not be enough to protect you.
If you are a passenger, you might not be covered, either
Between 2014 and 2016, for-hire vehicle accidents more than tripled. As more and more people are using these services, there will understandably be more accidents.
A ride sharing insurance coverage can fill in the gaps when the driver’s insurance doesn’t want to pay out. However, as lawsuits involving these services are also on the rise, you could find yourself caught up in the middle.
If you are a ride sharing or ride hailing passenger and you are in an accident, here’s what you need to do:
Get help at the scene
Getting a police report ensures that the facts won’t change after you leave the scene. Getting medical attention is the first step in documenting any injuries you may have.
Get information from the driver
Again, gathering the facts at the scene is the best way to ensure they don’t change. Get as much information as possible, like contact information, insurance details and data on the ride hailing service you got.
Have your injuries treated
You may think you are fine, but car accident injuries can become more serious over time, particularly if there’s no prompt treatment.
Keep track of medical bills and expenses, including any lost work
From day one, write down any work you missed because of the accident and any bills you accrue. Keep receipts whenever possible as this will help you get reimbursements.
From state to state and even from city to city, coverage requirements can vary widely.
The state of California requires an additional $1 million in liability coverage when drivers are en route and while they have passengers. Minnesota requires an additional $1.5 million in coverage for the same situation. In some places in the world, like France, ride hailing and ride sharing drivers need to be licensed professionals.
Knowing a little about the risks now, do you think these services should be treated like professional driving services or are you OK with taking the risk?
Learn more about what to do if you are involved in a ride sharing accident from the infographic below.
Today’s Stories Google now has all the data it needs, will stop scanning Gmail inboxes for ad personalization Samsung’s Galaxy Note8 will reportedly be the company’s most expensive smartphone yet YouTube TV expands to 10 more U.S. markets, adds more YouTube Red series Tesla said to be in talks to create its own streaming music service Credits Written and Hosted by:… Read More
Nutonomy, the self-driving car startup that span out of MIT in 2013, has inked a deal that will see it work with Peugeot-maker Groupe PSA to test autonomous vehicles in Singapore. Nutonomy is more than familiar with Singapore: it has a relationship with local Uber rival Grab and the Singapore Economic Development Board was an investor in its recent $16 million fundraising. This new tie-in… Read More
Yesterday I wrote about a poll conducted by researchers at the University of Michigan that found people were interested in flying cars if they were autonomous, shared, and electric. As soon as I posted that, I found an email in my inbox saying that ChargePoint and Uber Elevate, among others at the recent conference on flying vehicles, had partnered to prepare for just that exact… Read More
Apple has developed a testing procedure for drivers who would act as failsafe controls during autonomous vehicle testing, documents discovered by Business Insider via a public records request show. The documents detail the testing procedure that Apple has created in order to comply with the California Department of Motor Vehicle’s rules regarding autonomous testing on state roads.… Read More
Tesla plans to show off an electric pickup truck sometime within the next two years, the company’s CEO Elon Musk said on Twitter today. The pickup was teased originally when Musk revealed the second part of his “master plan” for Tesla, which began with selling expensive vehicles like the Roadster and Model S, and eventually leads to producing a wide range of more… Read More
With a new electric vehicle initiative, Uber is finally speaking Portland’s language. The company shares a rocky history with the famously green city, but that won’t stop Portland from becoming the first U.S. market where Uber will push a set benchmarks for electrifying its fleet. For the Portland version of Uber Electric, a program that the company rolled out… Read More
It’s no secret that data is the hot new revenue source for automakers, who are seeing additional profit opportunities bloom as vehicles become more connected and they can retrieve a ton of useful data that’s incredibly valuable when deployed correctly. Israeli startup otonomo has been on top of that trend since its founding in 2015, with nine automakers worldwide using its platform… Read More
The Tesla Model 3 is not a product iteration along the lines of successive iPhones, Elon Musk clarified on Twitter on Friday. Instead, it’s a “smaller model affordable versions of Model S” with less range, less power and fewer features, according to the Tesla CEO. The Model S is still going to be the leader in terms of it technological capabilities – so think more iPhone… Read More
One down, many more to go! The first episode of TechCrunch’s latest podcast, Equity, our venture capital-focused podcast is out.
This week, TechCrunch’s Matthew Lynley, CrunchBase editor-in-chief Alex Wilhelm and I sat down with investor and SaaStr founder Jason Lemkin to talk about Tesla’s $1 billion raise, the return of IPOs and recent acquisitions in the technology… Read More
After launching its first car last year, Alibaba is digging deeper into the automobile industry. The Chinese Internet and e-commerce behemoth is the lead investor in smart car tech developer WayRay’s $18 million Series B round, the startup announced. Read More
Uber’s chief security officer Joe Sullivan posted an update Wednesday about the company’s use of “Greyball,” providing some details about use of the software tool, which was revealed in a New York Times report last week. Greyball was part of a program Uber designed to help it identify users who violate the terms of service of its app, preventing them from securing… Read More
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Goodyear is thinking ahead to how tires – yes, tires – might change as autonomous driving technology alters vehicle design, and as available technologies like in-vehicle and embedded machine learning and AI make it possible to do more with parts of the car that were previously pretty static, like its wheels. Its new Eagle 360 Urban tire concept design builds on the work it… Read More
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Do you need tips on how to buy used cars? Do you want to buy used cars from Pueblo Co or some other state or area?
If you think buying used cars is easy- think again. Even the most experienced car shopper can feel intimidated about making a deal once in a while. Apart from hidden mechanical problems, there’s title-washing and price-gouging that can take the deal off of the favor of the consumer.
Should you buy online or local?
The only time you should consider buying online is if there is NO reputable used car dealership near you. This is after you’ve asked your relatives, friends, and colleagues at work for their recommendations.
You can also turn to Google for help. I live in Colorado so when I was doing my research, I googled for “used cars pueblo co“. Just change the area to the place where you live and you’re sure to get hits. You can try these search terms:
used cars + your area/state
used cars for sale in + your area/state
If you come across a local dealership with good online or friend reviews, choose buying from your local dealership. Just like buying any personal item — like clothes or shoes — it’s difficult to make purchases without seeing your choices in person and taking them for a test drive. And with a sizable amount of money at stake, it’s important not to suffer later on from buyer’s regret.
Tips and tricks for buying a used car
Be one step ahead
When negotiating, dealers often take the reign. You’ll immediately be asked what kind of car you are looking for, how much your budget is, and when you are likely to seal the deal. Answering these questions right away won’t put things in your favor.
Instead of divulging all this information, keep things to yourself and look around first. Know as much information as you can about the cars available like weak points, price, and typical cost of repair. The more research and groundwork you do, the less likely you’ll buy on impulse.
Request for the car’s service records
Once you’ve narrowed down your choices, it’s time to ask for service records. The availability of a car’s service records is an indication of how well the vehicle is maintained. These records can give you an idea of its past problems and repairs done. They can also let you see the history of the car.
This is an essential step since not all dealers are transparent enough to let buyers see the faults in their vehicles. Keep in mind, however, that missing service records don’t readily mean problems.
Check for the car’s safety tests and VIN
Apart from repairs and mechanical issues, it’s also a good idea to check for the car’s records regarding state safety and emission tests. These tests are mandated by the state law so make sure to double check.
Checking the car’s Vehicle Identification Number (VIN), on the other hand, can give you reports regarding title problems, accidents as well as ownership. Such details can help you make your final decision. You can find a car’s VIN stamped on its plate.
Do your research before going to the dealership
The first step in negotiating for a used car is to know how much others are willing to pay for it. There are tools or forums you can find online that can give you an idea of how much a car is worth in different conditions. Once you have an idea, you can start setting your floor and ceiling rates.
Your floor rate should be 5 to 10% lower than the average selling value of the car. The ceiling rate, on the other hand, is the highest price you are willing to pay to get the car.
Before setting your heart on any particular car, make sure to bring a trusted mechanic with you, or a friend who is crazy knowledgable about cars. In this situation, it pays to have an expert opinion. You won’t only be inspecting your potential purchase, you’ll also find out if your dealers are trustworty and reliable.
Be alert when the sales dude starts talking monthly payments
There are a handful of things dealers can do to make sure you let go of the limits you’ve set. They can ask you how much you are willing to pay per month as well as your maximum spending limit. These things are actually in their favor, since these information can help them conceal the bottom line price of the car. Answering these questions can make you end up paying more.
Be firm with your budget
Present the dealer with your floor rate. Explain politely that you know the actual cost of the car since you did your research and met with several dealers already. Say that you won’t be signing any papers until your figures are met.
To get the best deal, you have to wear them down and be firm with your budget. At times, one of the best ways to win a negotiation is not to negotiate at all.
Get a breakdown
On top of asking for the car’s bottom price, you also need to ask for its breakdown to see what you’ll actually be paying. When buying used cars, you should expect to pay for certain fees, like registration and tax. If there is something you can’t understand in their list, don’t be afraid to ask and clarify.
Do an actual test drive
To know if a car is really for you, take it out for a test drive. It’s also a good way to check if the dealer is really telling the truth regarding the car’s condition. Apart from that, test-driving the car gives you enough time to actually focus on it.
When test driving, pay attention to as many details as you can. Dealers aren’t likely to repair any damage or issues in the car if they can’t easily be seen, especially problems underneath the car and under the hood.
To start, check if the car is easy to get in and out from without hitting your head. Make sure there’s enough headroom and legroom so you can be as comfortable as possible when driving. Take note of the seats, too. See if they can provide enough support for your back and if they can easily be adjusted.
Use your nose when test driving. You shouldn’t be able to smell gas or burning oil. There also shouldn’t be any problematic noises. Test the headlights, brake lights and turn indicators to see if they work. The brakes should be fully functional and not squeaking every time you use them. Double check the heater and air conditioning, too.
In case you still aren’t convinced, you can always consider having the car checked by a good used car inspection service, especially if you weren’t able to bring in a mechanic with you in the beginning. It can cost you an extra fee but it can alert you of problems most untrained eyes can’t see. You can consider it as part of your investment.
For first time buyers of used cars, Pueblo Co has several accredited auto maintenance and repair shops that offer thorough assessment services. You won’t have a hard time finding one that can help you check and double check the car you’re aiming for. See if your local dealership offers the same service.
The fully-funded Macchina project on Kickstarter is an Arduino-based, “open, versatile” gadget that bypasses the DRM in your car’s network, allowing you to configure it to work the way you want it to, so you can customize your car in all kinds of cool ways. (more…)
Anyone who’s seen Softbank CEO Masayoshi Son give a keynote speech will know he rarely sticks to the standard industry conference playbook. And his turn on the stage at Mobile World Congress this morning was no different, with Son making like Eldon Tyrell and telling delegates about his personal belief in a looming computing Singularity… Read More
When an older car becomes useless for the owner, it may be stored in the yard or in a garage for many years until the owner decides to have it hauled away for scrap. In some cases, individuals inherit a property with a junk car on it and need to haul it away so that the property can be listed for sale.
Junk cars initially appear to be worthless, and they may even be a dangerous eyesore to have on your property. The good news is that you can easily use a junk car removal service to clear away the clutter on your property.
In addition, you may even be able to get cash for scrap cars if you know how to sell your old car properly.
Why Sell Your Car for Cash?
If you have a junk car on your property, you essentially have two options. These are to keep the car in place or to have someone haul it away.
Keeping the car in place is not desirable because the junk car may be taking up much-needed space on your property. It is unsightly to look at, and you may wonder about the safety of having rusted metal parts and perhaps even broken glass on your property.
Hauling away the junk car is a better idea, and you can either pay to have someone junk the car for you or get cash for scrap cars. The latter is obviously a preferred option. After all, why would you pay someone to take something that still has true value?
You may be surprised by how much money you can get by simply letting the right company haul your car away for you. Knowing that you can turn your junk car into cash with ease can entice you to act quickly to remove the vehicle from your property.
Remember that paying someone to haul the vehicle away means that your clunker is going to a landfill. On the other hand, hauling your car for scrap means that the material will be recycled in some way. Selling the car for scrap is therefore a better option for the environment as well as a preferred option for your wallet.
Where Can You Sell Your Car for Cash?
After you have decided to proceed with junk car removal, you must then decide which service provider to use for the job. Some junk removal companies will charge you a small fortune for junk car removal, and you should avoid working with these companies.
While your junk car may seem worthless, the materials it is made out of have value. When you sell your car for scrap, you can easily turn the vehicle into a stack of money.
Simply look for a junk car buyer who will pay you to haul your vehicle away. You should never have to pay money to have someone haul the car away for you. All vehicles can be sold as scrap cars for cash, regardless of their age, condition, make or model. This means that selling your scrap car for cash is a viable option for you to consider.
When Should You Sell a Junk Car for Cash?
There is no better time to sell car for scrap than right now. With each passing day that the vehicle sits on your property, it is taking up space that can be better used for other things. It is creating an unpleasant eyesore on the property, and it may even pose a danger to others who live with you or who visit your property.
More than that, you may need access to the cash that selling the vehicle provides. Some scrap car buyers can travel to your property to remove the vehicle within a few days, and this means that you may be able to have cash in your hand and the car removed from your property in a short period of time.
It is easy to overlook a junk car on your property that has been sitting in place for months or years. The longer the vehicle is present, the more accustomed you are to its sight. However, whether you are cleaning up your property while preparing to move, doing spring cleaning for your own benefit or looking for great ways to get extra cash, selling the junk car and turning it into money is a wonderful idea. The first step to take is to research car buyers in your area who are willing to pick the car up and who will pay you cash on the spot for the vehicle.
Autonomous vehicles were one of the most talked about technologies in 2016. Ever since Tesla, Google and Uber put these vehicles on the consumer trend map, I’ve been daydreaming of the day I might own one. Unfortunately for me, and the auto industry, that day might not be coming too soon — if they can’t keep the cars and their drivers safe, I’ll never have one sitting in… Read More
Mobileye’s long-game is focused on autonomous driving, but some of the tech that feeds into that can have an impact now, including advanced collision avoidance systems. The company announced on Friday that it has completed the installation of accident prevention tech across 4,500 for-hire vehicles used by drivers for services including Uber and Lyft in New York City, as part of a… Read More
Tesla actually makes a lot of data available to vehicle owners via APIs and other endpoints, but it’s not always easy to find and make use of that info. Enter Teslab, a new app that tracks data and links it to your profile, while also letting you share it out to a community of other Tesla owners in a way that, during the beta spotted by Teslerati, users have really enjoyed.
The app… Read More
I wanted to review the 2017 Infiniti Q60 Red sports coupe, in particular its technology, because Infiniti is usually ahead of the curve when it comes to tech. This was my second test of the Q60; I’d had it in November 2016 for a few days but felt I hadn’t had the chance to explore all of its connected services. So I got another full week with it in February 2017.
The Q60 drove great. Read More
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Connected vehicles are booming – they’re often mentioned in the same breath as autonomous cars, but are much more achievable from a technical perspective. Car makers are increasingly making on-board cellular data connections a standard option, too, and now we have some insight into why – a survey of automotive company executives found that they share the opinion that… Read More