Google has always been on the cutting edge of technology; their contributions to the modern world, substantial. From Chrome to Glass, there isn’t much Google doesn’t have a hand in. This pioneering spirit left no room for surprise when Google announced their latest foray into the automobile industry. Though fraught with antipathy, Google’s self-driving car is off the testing floor and on the road.
When Google’s autonomous car was first unveiled, auto-industry enthusiasts laughed it off as a “self-driving toaster.” Absent from Google’s vehicle are the frills and body curves that define luxury automobiles, and its function over form design left analysts scratching their heads as to the practicality of such a practical vehicle in a market where style so often trumps substance. However, recent movement in Google’s auto department has these former executives shaking at their steering wheels.
Joining the Google team to assist in their automotive initiative, John Krafcik, former CEO of Hyundai Motor America and president of TruCar, is one of the industry’s heaviest hitters. Those industry professionals so eager to mock Google’s entry into the market found their words hard to swallow when faced with a clear and definitive answer with plans for future involvement in the auto industry.
As they have in the past when Google has decided to change the world, they form a crack team of industry experts. John Krafcik is the first of many powerful industry names to join the cause. Google’s roster of famous names includes former Boeing CEO Alan Mulally and GM’s former boss of R&D Lawrence Burns. This tremendous joining of skill and industry know-how makes Google’s roster something to be feared.
As traffic deaths continue to rise as the amount of in-car distractions increase, Google is projecting a reduction of nearly 30,000 traffic-related incidents. The simple to use interface has all of three buttons for going, slowing, and quickly stopping. This newfound freedom from the responsibilities of the road allows Google to completely redesign the interior of their vehicle when the model is ready to hit the street. The “cars of tomorrow” we were promised so long ago, may finally be making their first appearance.
from Robert Taurosa Auto http://ift.tt/1FbnB91
AIG (American International Group) has been embroiled in a court case with their life insurance company, Coventry First, since last week. Stating that Coventry has been overcharging them for years, AIG is seeking reparations in the amount of $1.76 billion for damages, and the potential harm visited on the accounts of elderly employees. Accusing Coventry First of not only artificially inflating the prices of nearly 300 accounts but doing so in such a way as to conceal their dealings, AIG is not pulling punches..
In what can only be described as a mafia-esq scheme to hide their business transactions, Coventry First’s blatant and inappropriate use of money they had no right to claim has placed more than a target on their back. Though Coventry claims the policy prices were being manipulated with AIG consent, few can deny the shady and back-alley nature of these deals. investors purchasing these insurance plans on the secondary market need only pay the premiums, and they become the sole beneficiary when the owner of the policy passes on.
Of the nearly 7.000 life settlements purchased from Coventry with a face value of $20 billion, Coventry required an additional $150 million in disguised markups and fees. AIG said it’s entitled to more than $250 million in damages, including interest, based on pretrial rulings that found Coventry liable on certain breach of contract claims. AIG is also looking to have Coventry disclose all collected fees, including legitimate payments for undisputed policies, as well as to impose triple damages under the civil racketeering statute.
It is never wise to play games with other people’s money, and Coventry is now reaping the horrible wind that they’ve sewn. Though the trial continues, the dollar amounts being tossed around in court are staggering, and can make or break whoever comes out the victor.
from Robert Taurosa | Life Settlements http://ift.tt/1NHCAsq
Have you ever watched the James Bond film “The Spy Who Loved Me”? Do you Remember the White Lotus Espirit? One of the Coolest cars created to date! It was a submarine and a car all in one. But no, seriously the veichle was sumbersible and equipped with and endless amount of weapons. More over there were also two Lotus Espirit Turbos in “For Your Eyes Only”, which didnt reveal much of the cars capabilites other than the car self ditsruting and driving on snow. In 2009 one of the two Espirit turbos went out for auction at the Coys Auction at Blenheim Palace in England.
James Bond films were knows for the action pact story lines and innovative veuchles that came along with the action packed thrillers. In “For Your Eyes Only” (smilar to the one below), Bond uses the first Esprit (a white one) to drive to the estate of a Cuban hitman in Madrid. The car blows up when one of the hitman’s henchmen tries to steal it, and Q replaces it with another one, which Bond takes to the snowy hills of Cortina, Italy. Neither car was used in any chase scenes. That honor went to a yellow Citroen 2CV…
Robert Taurosas 88 Espirt Turbo
- Lotus Esprit, manufactured or sold in 1988, version for Europe
- 2-door coupe body type
- RWD (rear-wheel drive), manual 5-speed gearbox
- petrol (gasoline) engine with displacement: 2174 cm3 / 132.5 cui, advertised power: 128 kW / 172 hp / 174 PS ( DIN ), Torque net: 221 Nm / 163 lb-ft
- characteristic dimensions: outside length: 4330 mm / 170.5 in, wheelbase: 2438 mm / 96 in
- reference weights: base curb weight: 1177 kg / 2595 lbs, gross weight GVWR: 1450 kg / 3197 lbs
- how fast is this car ? top speed: 222 km/h (138 mph) (declared by factory);
- accelerations: 0- 60 mph 6.5 s, 0- 100 km/h 6.8 s (declared by factory), 1/4 mile drag time (402 m) 15.3 s (a-c simulation)
- fuel consumption and mileage: 10.1 l/100km / 28.1 mpg (imp.) / 23.4 mpg (U.S.) / 9.9 km/l average estimated by a-c: 12.4 l/100km / 22.9 mpg (imp.) / 19 mpg (U.S.) / 8.1 km/l
Sources: (http://ift.tt/1JiVzne, http://ift.tt/1JiVyQ2)
from Robert Taurosa Auto http://ift.tt/1JiVyQ4
Wheelbase: 87.0 in (1965–1968); 89.3 in (1968–1989)
Overall length: 168.9 in
Power: 130 hp (1965); 214 hp (1989)
Price: $6490 (1965); $51,770 (1988)
Weight, as tested: 2720 lb (1965); 2760 lb (1984)
from Robert Taurosa Auto http://ift.tt/1CK6Ikd