Showing posts with label Australia. Show all posts
Showing posts with label Australia. Show all posts

Wednesday, February 23, 2011

BMW Bankruptcy Bust Up in the Bush: The Price of Luxury Car Loans Down Under

AU$18 million or about US$18.1 million at the current exchange rates. That’s how many Australian dollars some 226 plus Aussies owe BMW’s unimaginatively named financial arm "BMW Finance". The Bavarian automotive giant is now perusing bankruptcy proceedings against these persons in Australia’s Federal Magistrates’ Court in an effort to recoup the debt from hundreds of unpaid car loans. It’s all

Tuesday, February 22, 2011

Two Germans Travel Across Australia in a Wind Turbine Car [with Video]

When it comes to crazy-cool engineering, nobody can top ze Germans. If it’s even vaguely plausible, you can bet that some German crackpot inventor has done it. Well, now two Germans – Stefan Simmerer and Dirk Gion – have broken three Guinness World Records in a ... wait for it ... wind turbine powered electric car. That’s right, an EV that’s powered by a wind turbine, those big robotic looking

Two Germans Travel Across Australia in a Wind Turbine Car [with Video]

When it comes to crazy-cool engineering, nobody can top ze Germans. If it’s even vaguely plausible, you can bet that some German crackpot inventor has done it. Well, now two Germans – Stefan Simmerer and Dirk Gion – have broken three Guinness World Records in a ... wait for it ... wind turbine powered electric car. That’s right, an EV that’s powered by a wind turbine, those big robotic looking