New details on fastest car in the world

The Swedish manufacturer of hyper cars prepares the Koenigsegg One:1 model which, allegedly, will be able to overtake all existing fastest models in the world for release. The Swedish car manufacturer prepares the Koenigsegg One:1 model which, allegedly, will be able to overtake all existing fastest models in the world for release. The novelty will be at the same time easier, and more powerfully, than Bugatti Veyron Super Sport. It is expected that Konigsegg will weigh only 1400 kg (it is comparable with golf class model), and thus its 5-liter V8 with a double turbo-supercharging will give out 1400 h.p. Read More …

China is ready to take over worlds automobile business

China becomes more and more aggressive in purchase of foreign assets. The country has enough means to get the assets which fell in price during crisis. Chinalco – the huge aluminum corporation of China spent $19.5 billion, having increased a share of the actions in the British-Australian giant of the mining and metallurgical industry of Rio Tinto to 15%. Rio needs money as cannot independently cope with debts. Thereby China ensured access to minerals. The Australian government tried to prevent the transaction, but debts of concern were too great to cope with them independently. Even more important for the Chinese Read More …