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How Different is the NIKEN LMW Ackermann Steering System?

Yamaha is set to release the NIKEN in US dealerships later this year. An 847 cc engine powers the three-wheeler. Aside from having three wheels, one of its innovative features is the LMW Ackermann steering system. LMW stands for Leaning Multi Wheel. A new steering system allows the rider to carve…

Racing Legends Rate Project 8 - Jaguar's newest star of ro...

Ferrari’s Latest Hire Infuriates Christian Horner

Dave House, at 75, Leads the IMSA Prototype Challenge

What does Nico Hulkenberg say about the Renault F1?

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Visteon set to help China’s GAC design self-driving cars

Ferrari is planning an electric supercar

Mitsubishi & 2 Others search for Robotaxi Deals with Tech Companies

Buick Lacrosse soon to be the last Buick with 4 doors and a trunk.

What is the Rheinmetall MAN high altitude vehicle?

Car Finance: Easing out the finances of Car Buyers

The various financial products, which allow an individual to get a car without any issues on the payment area is referred to as car finance. These provisions can be used for new and well as second hand cars where the finance companies settle all the funds to the dealer/ manufacturer or the pre owners on an individual’s behalf. Car Finances are popular for both business and private individuals. Personal car finance includes products like car loan; car leasing, hire purchase, contract purchase etc. are a few to name.

Car finances are mainly required because the sum of sum of money required to buy a car cannot be managed by an individual without any help in the monetary sector. The funds are generally provided by the retail banks or any finance company that specializes in car finances. Companies like Ford and General Motors have their own financial wings, which helps to finance the customers for their car purchase. Usually the car ownership documents are retained by the finance provider until the loan is repaid back as agreed.

The recession of 2008 saw a huge downfall in the sector of pre-owned car market. The finance providing organizations had to sell off their available returning cars on heavily lowered prices than expected thus facing a massive loss. Contact hire for private cars were totally stopped during this period by majority of the companies. Some associations like ‘Finance and Leasing Association’ in the UK and ‘Federal Trade Commission’ in the US explains the various aspects of car finance thereby protecting the consumer rights.

 

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Ferrari’s Latest Hire Infuriates Christian Horner

Red Bull F1 boss Christian Horner is furious over Ferrari’s hiring of former FIA official Laurent Mekies. Horner said that the move broke a gentlemen’s agreement made by all Formula 1 teams a couple of weeks ago. Mekies used to be the deputy race director and safety chief of the FIA.…

Dave House, at 75, Leads the IMSA Prototype Challenge

Dave House got his first career win in the IMSA Prototype Challenge. At 75 years old, he became the oldest winner in the race’s history. The win came less than a week after he turned 75 years old. The win also gave him the lead in the series standings after finishing sixth in the first race of…

What does Nico Hulkenberg say about the Renault F1?

Ahead of the launch of their 2018 F1 Challenger, Nico Hulkenberg says that the Renault F1 team is still two or three years away from being title contenders. With Hulkenberg and Carlos Sainz Jr., Renault has arguably the greatest driver combination outside the top three teams. Renault is aspiring to…

Kevin Harvick at the NASCAR Xfinity February Race in Atlanta

Joey Logano's final 4-second margin behind eventual-winner Kevin Harvick made for a close race, but it belied the truth: that Harvick was already in the lead for most of the race. Of the 163 laps, Harvick led 141 of them en route to his fifth NASCAR Xfinity series victory at Atlanta Motor…

Christian Fittipaldi wins Rolex 24 at Daytona

Christian Fittipaldi, along with Joao Barbosa, and Filipe Albuquerque drove the Cadillac Prototype won the Rolex 24 at Daytona. This race was very significant for many reasons. We are talking about 24 hours of racing non-stop where cars are remarkable for speed and rigor. These are the stats of the…