Tag Archives: Engine

Porsche Commit Long Term To Gasoline Engines

Change of Plans

There was a time, not terribly long ago, when it seemed like the automotive industry was on the fast track to total electrification.

Ahead of Their Time

Many of us think of hybrid or all-electric power as a relatively new technology. After all, Porsche just introduced its very first production EV, the Taycan. But in reality, electricity has been around in the automotive world for over a century. And Ferdinand Porsche was one of very first pioneers to embrace this technology. When Porsche was a teenager back in 1893, he installed an electric lighting system in his parents’ house. Even the very first vehicles he designed had electric drives. After toying around with a few different ideas, Porsche designed the world’s first functional hybrid car, the Semper Vivus (Latin for “always alive”), in 1900. But due to its modest power output, heavyweight, and lack of infrastructure, the idea was relegated to the back burner for many years. 

Amid concerns over global warming, governments around the globe began floating regulations that sought to ban ICE vehicles outright – but in recent months, with demand falling behind expected levels of growth, a lot has changed, and now, those same plans are being scaled back.

Up To and Beyond

While Porsche recently revealed that it continues to develop the all-electric version of its Cayenne crossover, it also plans to continue to offer hybrid and combustion engine-powered examples of that same model – “up to and beyond 2030,” in fact.

Keeping the V8

Interestingly, Porsche also noted that the currently, third generation of the Cayenne will be upgraded and will continue to be offered alongside the fourth, all-electric generation model. Engineers will focus on the Cayenne’s ICE powertrains, however, including its twin-turbocharged V8, which it will need to tweak to ensure that it meets increasingly stringent emissions standards.

Still Focused

This is obviously great news for fans of ICE powertrains and the V8 in general, but also note that Porsche remains focused on an electrified future, regardless. “Our product strategy could enable us to deliver more than 80 percent of our new cars fully electrified in 2030 – depending on the demand of our customers and the development of electromobility in the regions of the world.” Oliver Blume CEO Porsche AG.

As such, Porsche plans to continue making gas engines for some time, it seems. 

ONLINE ONLY CAR AUCTION RECORD BROKEN

A global online marketplace founded by a British car dealer has just broken the online-only world record for a car auction, selling a McLaren P1 for an incredible $1,600,888 usd or $2,010,851 cad .

No other online-only platform for collectible cars has ever achieved a higher sales price.

Unlike traditional auctions, where cars are transported to a central location and bidders attend in person, Collecting Cars has disrupted the industry with an online-only format that has already notched up multiple world records. Cars stay with their owners, and more than 90% of sales happen without a physical viewing. This is made possible by the technology and knowledge behind the platform, which gives bidders a ‘virtual viewing’ of the car in question; supported by more than 150 photos and comprehensive detail on its features and maintenance history.

Bids entered during the online-only auction are legally binding, and Collecting Cars levies a low buyer’s premium of just 5% (+ VAT for UK buyers), which is substantially lower than traditional auction houses that typically charge 12% or more. Furthermore, the buyer’s premium is capped at £5,000 / $5,000 (+ VAT if applicable). On hammer prices above £1m, this means that the buyer’s premium is 0.6% or less.

The world-record car in question was a McLaren P1, one of just 375 examples built, and with only 433 miles from new. Motortrend.com: “The twin-turbocharged hybrid V-8 engine develops 903 horsepower and will launch to 62 mph in under 3 seconds. It’s made of exotic materials like carbon fiber and titanium.”

An original US-market vehicle; it was collected from the McLaren factory in the UK by its first and only owner. The car had also covered less than 100 miles since its most recent maintenance, which also included full checks of all electrical and battery equipment, at a total cost of more than $7,000 usd.

The Founder and CEO of Collecting Cars, Edward Lovett, said: “For around 60 years, car auctions have traditionally charged substantial commissions and premiums, often taking more than 15% out of the total value of the deal. We knew there was a better approach, and we have developed a world-class online marketplace for sellers and buyers without the unnecessary overheads, which is breaking records.

“This result shows the game-changing power Collecting Cars now wields in the global market, with online-only auctions that are cost-free and hassle-free for the seller, and which represent outstanding value for the buyer. In this case, the buyer’s premium for the winning bidder was just 0.3%.”

The company, which has sold over 4,700 lots since launch, was founded by British car dealer Edward Lovett in 2019.

Lovett was born into the family car business, and in more recent years has provided a private brokerage service, finding homes for some of the most sought-after collector cars in the world. Drawing on his significant experience, he saw the opportunity to develop a dedicated online-only platform for iconic, collectible and sporting cars.

Tokyo Lawyer Commutes in a Freaking McLaren P1
This P1 is a daily driver for renowned Tokyo Lawyer Hiramatsu.

As well as its very low premium for buyers, Collecting Cars offers significantly better value for sellers. The detailed photographic presentation and professional descriptions mean their car is showcased in the best possible way, and it is marketed to a huge captive audience of passionate enthusiasts. Furthermore, there is no listing fee, and they receive 100% of the hammer price. For the Silo, Jules Tipler.

About Collecting Cars:

Collecting Cars is an online auction platform that curates consignments from around the world and markets them to a global audience. The streamlined and transparent process makes buying and selling cars, motorbikes, and automobilia via its online auctions one of the most effective and hassle-free ways of transacting.

To date, the Collecting Cars platform has sold more than 4,700 lots, and total sales value generated for sellers exceeds £170 million or $2,864,53718 cad . It also has more than 50,000 registered users around the world. The multi-national auction company has headquarters in London, and offices in Munich, Sydney, and Los Angeles.

More than 90% of sales since launch have happened without a physical viewing, underscoring the significant trust that Collecting Cars has earned among its customers.

Million Dollar Race Car The Hoonicorn RTR Was Built Secretly

Tech and cars go together: the Hoonicorn RTR, the famous hybrid race and demo car.
Tech and cars go together: the Hoonicorn RTR, the famous hybrid race and demo car.

The first tech start-up in a garage wasn’t Hewlett Packard. Back in the day, pre-Silicon Valley, it was the men and women bolting together cars, optimizing engines, lovingly perfecting car technology in their garages and taking it to the streets.

Profiled on RxSpeed’s website in the LAB [link below CP], take a visual tour of this incredible car and wild video and other modified cars.

Like building a spaceship around an astronaut, this million-dollar racecar was built around a driver, the needs of his craft and the exploration of a genre.

For two years the Hoonicorn RTR was kept a secret.
For two years the Hoonicorn RTR was kept a secret.

No one outside the very small and tight-knit circle knew about the project; even best friends were left out. Shrouded in secrecy, the six-cylinder 1965 Mustang Notchback 3-speed was cut and sewn back together into the Hoonicorn RTR, a hybrid race and demo car.

Cell phones and computers provide access to such an incredibly fast-paced information network that keeping anything hidden from prying eyes is becoming increasingly rare—and a Ken Block Gymkhana car is on another level of vulnerability. With over a quarter of a billion views on the Gymkhana franchise, the reveal of the next-generation car is on par with anything the automakers can throw out, which is why the Hoonicorn RTR was such a big surprise to the world.

It’s not cheap or quick modifying a stock car. To keep costs down, motorheads can visit RxSpeed to check out where to buy automotive products at the lowest cost. More over-the-top car stories can be found in the LAB

About RxSpeed

www.rxspeed.com is a comparison shopping engine for the automotive aftermarket. It saves consumers time & money during their research and purchase process. Their proprietary software platform catalogs millions of parts from hundreds of brands to help match customers with retailers easier and faster than ever before.

How F1 Cars Move Around The World For Races

This year’s 2019 Formula 1 Etihad Airways Abu Dhabi GP is almost here! Have you ever wondered how the cars make it to the race?  It’s a logistical miracle. Custom containers. Hydraulic platforms. Modified cargo jet airliners and much, much more. If you’re a fan of F1 races you may have wondered how your favorite team manages to travel all around the globe in order to make it to the circuit safely on time. Some teams save money by using cargo ships and traveling via sea. Sometimes, they are required to complete this entire process from start to finish in only 48 hours!

Take a look at this nifty infographic from our friends at storagecentres.co.uk to learn more and have another level of appreciation for this incredible sport.