While Equitorial Guinea is one of the wealthiest countries in Africa, only half of the people have access to clean, safe drinking water. One fifth of children born in the country die before they are five years old. Two years ago the French government raided the €80 million, 101-room mansion near the Champs Elysees belonging to Teodorin Obiang, the son of the president of Equatorial Guinea, Teodoro Obiang Nguema Mbasogo, in power since 1979. Among the treasures found in the mansion were a cache of supercars, which have now been sold off.
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The video above is the closest we’ll ever have to enjoying a World’s Wildest Police Chases segment featuring the Carbon Motors E7. Somewhat lost in the breaking news of March regarding the bankruptcy of Fisker Automotive and Coda was the demise of the nation’s other other startup vehicle manufacturer, the Carbon Motors Corporation. Although Bertel correctly predicted Carbon’s death shortly after they failed to qualify for a DOE loan last year, the company maintained a brave public face and soldiered on defiantly until the end of March. As late as mid March they were announcing the introduction of two new vehicles: an armored truck called the TX 7 and a skateboard shaped drone called the CT 7. Two weeks later they would be slipping out of their Indiana state taxpayer funded digs without so much as a “Dear John” letter to the desperate Hoosiers who needed the jobs they’d promised
I’d been watching and waiting for an official announcement that the company had liqudated before poking the body with a stick. That moment finally came on June 7 with a Chapter 7 filing in Indianapolis. The bankruptcy filing shows that Carbon Motors had assets of less than $19,000 and outstanding liabilities of over $21 million. It seems that the dream of a purpose-built police car is dead.
Aftermath of Carrollton, KY bus crash May 14, 1988.
No one is in favor of drunk driving. Don’t do it. Now that I’ve completed the ritualistic incantation prior to writing a piece about drunk driving, let’s hit the jump and discuss the latest proposal from the NTSB.
Daimler is set to profit from theBoston Marathon bombing drama in a strange way. The car hijacked by Tamerlan and Dzhokhar Tsarnaev was a 2013 ML350 with an active telematics subscription. Mercedes-Benz USA confirmed to Automotive News [sub] that “it was contacted April 19 during the hunt for Tamerlan and Dzhokhar Tsarnaev. Mercedes was asked to help find the vehicle using the Stolen Vehicle Location Assistance function on the crossover’s mbrace telematics system.“ Read More >
Author’s note- In order to protect the privacy of the victims, some names and details have been omitted or changed.
Part One of this story can be found here.
“Elmwood Place is engaged in nothing more than a high-tech game of 3-Card Monty, (sic)” Ruehlman wrote, referring to a card game used by con artists.
And with that phrase, Hamilton County Common Pleas Judge Robert Ruehlman stopped a six-thousand-ticket-per-month operation.
Leaded gasoline was invented by General Motors in the 1920s. Tetraethyl lead was a cheap octane booster and antiknock agent. It prevented exhaust valve and valve seat wear and allowed much higher engine compression. It also could have been the cause of the big post-war crime wave, researchers say. Read More >
“Everybody uses the road and if some pay and some don’t then that’s an unfair situation that’s got to be resolved,” said Jim Whitty, manager of the Oregon Department of Transportation’s Office of Innovative Partnerships and Alternative Funding.
Ah, yes. As with any number of current governmental activities, the rationale for per-mile taxation will be fairness.
A smuggling attempt turned into a borderline disaster when two Mexicans entrapped themselves and their Jeep Cherokee on top of the 14 foot high fence that separates Arizona from Mexico. Read More >
Car thefts are on the decline, reports The National Insurance Crime Bureau (NICB) in its annual review of trends in car heists. While vehicle thefts have not been this low since 1967, there is a disturbing new trend: Stolen key codes.
Leading the list of the most stolen vehicles of last year is the 1994 Honda Accord: Read More >
After three years of work, police in Germany concluded its probe into the affair surrounding the failed takeover of Volkswagen by Porsche. Former Porsche CEO Wendelin Wiedeking and his then CFO Holger Haerter have been investigated for market manipulation. According to Der Spiegel, the public prosecutor in Stuttgart, Germany, will charge the duo. Reuters heard meanwhile that the trigger is not yet being pulled, and that the two have three suspense-filled months ahead of them. Read More >
“YES!!!!!!!”
That was the first comment from the acolytes of the recently a bit depressed fansite Saabsunited, when it was announced that Victor Muller’s Spyker sued GM for $3 billion over Saab’s bankruptcy.
“It’s hard to believe. We have no comment until we see the lawsuit,” said GM spokesman James Cain to Reuters. The complaint is attached to this message. Read More >
Want to get rid of your car? Move to Fresno, CA. According to data compiled by the National Insurance Crime Bureau (NICB), Fresno had 808 car thefts per 100,000 population in 2011 . Read More >
Anyone who has watched Harvey Keitel and/or Nicholas Cage chew up the scenery in the two “Bad Lieutenant” movies knows how delightful it can be to be a truly evil policeman. The problem, of course, is that most cops aren’t anything like that. Officer Derrick Saunders, on the other hand, does all the fun stuff that us civvies like to think we’d do with the protection of the badge. When McDonald’s was a little slow with his order, he allegedly put a pistol in someone’s face about it. Come on! You’d do the same thing, wouldn’t you? And when he felt like having a drink and busting along at one hundred and forty-three awesome miles per hour, he just went ahead and did it!
Now, thanks to TTAC reader dfp21, we have an update on the kind of swift justice that the system has meted out to Officer Saunders.
A man bought a new pickup. A few days after he had driven off the dealer lot, he received a phone call. There were a few changes, please bring paperwork and truck back to the dealer. At the dealer, the man was told that the financing had fallen through. The man jumped over the desk, grabbed the sales manager by the throat and started strangling him. Police were called, and the man was taken away in handcuffs.
This story, described in “Confessions of an auto finance manager” repeats all too often. Many people become victim of what is called “yo-yo financing:” Read More >
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