This concept sports car was built, from initial sketches to working prototype, in just nine months. Creating a new car can take years of development, but Gordon Murray Design put together a running prototype electric sports car in just nine months. The Teewave AR.1 was commissioned by Toray Industries to show off its carbon fiber production. Toray says that its process can make carbon fiber components in just 10 minutes. The Teewave AR.1 uses Toray carbon fiber for its chassis, crash structures, body, and interior. Other Toray materials make up interior surfaces and components of the car. Gordon Murray Design opted for a modest electric powertrain in the Teewave AR.1, meaning sluggish acceleration. Those light carbon fiber elements make the overall weight of the Teewave AR.1 just 1,874 pounds. The lithium ion battery pack for the car makes up 530 pounds of that weight. Gordon Murray Design did not specify the supplier of the electric power train, but its specifications are fairly standard for new electric cars hitting the market. Range is listed as 116 miles using the New European Driving Cycle test procedure, and charging time is 6 hours. The Teewave AR.1 does not push the boundaries of electric car performance. Its electric motor, driving the rear wheels, only produces 63 horsepower and 132 pound-feet of torque. That means acceleration of 11.4 seconds to 62 mph. You won't be able to buy a Teewave AR.1 anytime soon. The car will be used by Toray to demonstrate its carbon fiber capabilities. But Toray says its carbon fiber components will scale from a car as small as the Teewave AR.1 to any other size of vehicle. What this concept also demonstrates is how quickly a new car can, from sketches to a working prototype, can be built. Components such as the electric drive train and suspension are modular, while the carbon fiber can be formed from molds rather than the more time-consuming stamping process for steel, which involves more tooling.
Spain has been named among the top five destinations that people would consider moving to if they were going to leave the UK, new research has found. A survey conducted by Post Office International Payments revealed that the European nation, which was the fourth most popular location named in the poll, was a possible choice for ten per cent of those questioned. The firm also pointed out that it was the highest-placed nation where English is not the first language. One of the top reasons given for buying a property in Spain or elsewhere in the world is the chance to have a better quality of life, while other reasons to move included warmer weather, discovering a new culture and the adventure of emigrating. Mortgage provider Conti published figures earlier this month showing that it has received seven per cent more enquiries about relocating to Spain so far in 2011 than last year. Overall, the country accounts for 31 per cent of all queries handled by the organisation, with only France garnering more interest.
Alexa Chung's latest range for Madewell caused the retailer's website to crash. The British beauty announced her partnership with the label last year, creating a line that was popular amongst fashionistas. Alexa launched her second collection with the US brand yesterday and celebrated with a star-studded bash in Los Angeles. The 27-year-old star tweeted her excitement before the party. "It's my Madewell collection launch party tonight in LA. Very Exciting," she wrote, before later letting her fans know how popular the launch had been. "Congrats! You crashed the @madewell1937 website with the purchase onslaught. Glad you like it! Xxxx (sic)," she added. Guests at the fashion launch included Kate Bosworth, Elle Fanning, Amanda Seyfried and Dianna Agron. Alex donned a gorgeous Madewell mini dress for the party, while Elle also opted to wear the designer. The young actress chose a lacey shift, while Amanda wore a polka dot Madewell blouse. Diana also chose to sport the label, and opted for a tan-coloured shirt dress. Alexa's range includes vintage-inspired tea dresses, skirts and lace tops. The star's advertisements, which were shot in Austin, Texas, were recently revealed last month. "We were all so in sync," Madewell's Head of Design, Kin Ying Lee said of the process. "Since it's the second collection, it was like old friends getting together and creating something - and having a great time in the process.
Designer clothes owned by Hollywood legend and fashion icon Elizabeth Taylor, including haute couture by Chanel, Yves St. Laurent and Dior, will be sold at auction in New York, Christie's said on Wednesday. The silk chiffon dress that the Academy Award winning actress wore for her first wedding to actor Richard Burton will be among the nearly 400 times included in the four-day series of sales in December. "One of the many great treasures within Elizabeth Taylor's vast collection is her extraordinarily well-preserved wardrobe," said Marc Porter, chairman and president of Christie's Americas. "The stunning outfits she wore to galas, award ceremonies, AIDS benefits and even her own weddings to Richard Burton are all here, lovingly maintained along with the handbags, shoes, hats and other accessories that completed her superstar looks," he added in a statement. The December 13-16 sales, which span over 50 years of fashion, will follow a global three-month tour which will also includes Taylor's renowned jewelry, fine art and memorabilia. It will be the second in a series of auctions from the estate of the legendary film star who died in March. Nearly 6,000 people viewed the collection this month when it was displayed in Moscow. Stops in Los Angeles, London, Dubai, Geneva, Paris, Hong Kong and New York will follow. Meredith Etherington-Smith, Christie's' curator for the fashion auction, described the items as "a highly personal collection." "This is not a red carpet wardrobe edited by stylists but a treasure trove of looks chosen by the last of the great movie stars. Many of the pieces in this lifetime collection were couture, custom made for Ms. Taylor by designers who became her close friends, including Valentino Garavani, Gianni Versace and Gianfranco Ferre." Some 68 of Taylor's most iconic looks will be auctioned at a gala evening sale on December 14, followed by hundreds of other fashion items and accessories in other sales. Highlights will include a Versace beaded evening jacket arrayed with portraits of the actress in some of her famous movie roles, which is estimated to sell for up to $20,000. The sunflower yellow dress by Hollywood designer Irene Sharaff that Taylor wore to her 1964 wedding to Burton has an estimated sale price of $40,000 to $60,000. Taylor's estate was valued at up to $1 billion when she died of congestive heart failure at age 79. A portion of the proceeds from the exhibitions, events and publications related to the auction will be donated to The Elizabeth Taylor AIDS Foundation, which the actress founded in 1991. The series of Taylor sales are individually devoted to jewelry, haute couture, fashion and accessories, decorative arts and memorabilia from Taylor's Bel Air home, and Impressionist and modern art.
Hosted and created by Bodegas Paternina at its Conde de los Andes winery in Ollauri, the exhibition entitled “Tinta, Sangre y Vino” – “Ink, Blood and Wine” – celebrates the writer’s visit to the winery 55 years ago and marks 50 years since his death.
Maserati SpA’s new sport-utility vehicle was one of the most sought-after models at the Frankfurt car show this week and Ferrari SpA predicted record sales as executives said ultra-luxury remains recession-proof. “If you go to the Ferrari stand, there aren’t any customers worried about the recession,” Fiat Chief Executive Officer Sergio Marchionne said at the International Motor Show. “The last Ferrari customers I saw at the show weren’t crying.” Fiat’s two upscale brands may help the Turin, Italy-based carmaker weather a decline at its main business as Europe’s credit crisis worsens. Even without the Kubang SUV, Maserati aims to boost deliveries by almost eightfold to 45,000 cars in 2014 as it increases dealers by 150 percent worldwide. Lamborghini SpA’s new Aventador model is sold out for 18 months and Rolls-Royce Cars announced a 10 million-pound ($15.8 million) expansion at its Goodwood, England plant. Ferrari expects to deliver 7,000 cars in 2011 on demand for its first family car, the $356,000 four-seat FF that came to market this year. Fiat’s most profitable unit plans to cap sales at 7,000 going forward to maintain exclusivity. Ferrari targets “significant” results this year after earnings before interest and taxes rose 23 percent in 2010 to 302 million euros ($414 million) on revenue of 1.92 billion euros, Chairman Luca Cordero di Montezemolo said. “I’m not worried because we have quality, exclusivity, a strong brand and innovative technology,” Montezemolo said in an interview when asked about the effect of the economic slowdown. Mixed Fortunes The ultra-luxury optimism stands in contrast to concern voiced from volume carmakers that a worsening debt crisis in Europe is prompting consumers to rein in spending. PSA Peugeot Citroen CEO Philippe Varin said this week that Europe is facing a possible recession, while Ford Motor Co. said sales in the region next year will be little changed. Bayerische Motoren Werke AG, the world’s biggest maker of luxury cars, is the best performer in the Stoxx 600 Automobiles & Parts Index this year. BMW stock has slipped 6.4 percent, compared with a 24 percent loss for the index. Fiat, which also owns Chrysler Group LLC in the U.S., is the worst performer on the index, with a 42 percent decline. Sales of the main high-end European luxury brands -- Maserati, Lamborghini, Ferrari, Bentley, Rolls-Royce and Aston Martin -- will rise 19 percent this year to 28,090 vehicles, and gain another 13 percent in 2012, according to a forecast from industry analyst IHS Automotive. “The rich have gotten richer and the number of millionaires in emerging countries is really growing so the demographic trend is very positive” for the ultra-luxury carmakers, said Erich Hauser, a London-based Credit Suisse automotive analyst. “Things would have to get very nasty before they face a problem.” Rolls-Royce Record Rolls-Royce, owned by BMW, expects in 2011 to break last year’s sales record of 2,711 cars, Chief Executive Torsten Mueller-Oetvoes said, adding that China may overtake the U.S. as its top market. The German executive said he’s ”optimistic” about the prospects for the super-luxury segment and that his company so far has not been affected by the slowdown. The ultra-premium segment is likely to weather this downturn better than the previous crisis, Mueller-Oetvoes said. Along with the factory expansion, Rolls-Royce may boost its dealerships to 100 from the current 85 and add a coupe version of its best-selling Ghost model, he said. The carmaker debuted an extended-wheelbase version of the Ghost in Frankfurt. Lamborghini, owned by Volkswagen AG, unveiled the 189,000- euro Gallardo LP 570-4 Super Trofeo Stradale at the show, the most powerful addition to the Gallardo series. The 570- horsepower vehicle comes with matte black finish on the large rear spoiler, engine hood and front air intakes and surges to 100 kilometers (62 miles) in 3.4 seconds. Limited Edition Deliveries of the model, which has a top speed of 320 kilometers per hour, will be confined to 150 and start in December, Chief Executive Officer Stephan Winkelmann said in an interview. The Volkswagen division also announced production of the 1.6 million-euro Sesto Elemento. No more than 20 will be built with deliveries due in early 2013. Lamborghini sales may advance from last year’s 1,302 on the back of the Aventador LP 700-4, which will hit showrooms in October and is sold out for 18 months, Winkelmann said. “The super-luxury market has been in steady recovery from its low in 2009,” Winkelmann said in an interview, adding that order books at Lamborghini are showing no declines. “We’re aware that there are risks.” Bentley Motors Ltd., whose customers include Queen Elizabeth II and the Sultan of Brunei, rolled out an updated version of the Continental GTC convertible with deliveries of the 575-horsepower model starting before the end of the year. Powered by revamps of the Mulsanne and Continental models announced over the past year, full-year deliveries may top the 7,000 mark which would mark a 40-percent gain on 2010, CEO Wolfgang Duerheimer said in an interview. An SUV that the Crewe, England-based VW unit is considering may help more than double sales to 15,000 by about 2018, he said. “We’re very optimistic, our business is developing extremely soundly and the order situation is looking good,” Duerheimer said. “We mustn’t talk up a crisis. Growing debt problems in Europe and the U.S. are giving enough reason for concern, but the underlying economic picture remains positive.”
Entering the Andalucian property market is like entering a minefield. Some will emerge unscathed and others will step on the unexploded bomb. There is no reliable map to guide you. The tripwire for the unlucky is a poorly-policed system for urban planning and land management, which has resulted in an estimated 300,000 illegal buildings in this region of Spain alone. The consequences of owning an illegal property are many and varied, ranging from unexpected and expensive urbanisation costs to land grab, court proceedings, fines, denial of access to basic services or in the worst case scenario, demolition of your property. Since the problem emerged over a decade ago, the regional government has made efforts to cauterize the wound. It has introduced new regulations which attempt to ensure that mistakes are not repeated. However, it has thus far failed to effectively tackle the stockpile of illegal housing which continues to stink up the market place. Its latest legal manoeuvre, a draft decree, describes a complex, sometimes ambiguous, lengthy and expensive solution which fails to bring any immediate relief to those facing demolition or denied access to basic services. More decisive action is required in my view. The market demands it and the homeowners desperately need it. As president of AUAN (Abusos Urbanisticos Almanzora, NO), an association of some 700 British homeowners who have become trapped in this mess, I have a fairly detailed perspective on the problem and its possible solutions. I believe that the following should be done. Change the law The genie is out of the bottle and cannot be returned or ignored. The regional government must create a complete and up-to-date legal framework to deal with illegal constructions. This requires changes to the planning laws, rather than clarification of its finer details via various decrees. For example, current planning law does not recognise the existence of a house in the countryside unless it is associated with farming or is more than 25 years old. This does not conform to the needs of rural communities, the demands of the market or the current reality of homes in the countryside. Current planning law does not permit the segregation of a rural parcel of land to create a building plot. In reality, such parcels exist in large numbers, and must be dealt with to solve pressing problems with title to land and the property on it. Introduce interim measures Realistically, a properly-ordered solution will take years to implement. In the meantime, prosecutors are obligated to seek demolition of illegal properties and service providers are obligated to deny access to basic services such as electricity and water, creating untenable situations for the homeowner. Interim legal measures are required whilst fair and just solutions are put in place. Remove planning powers from small town councils In my experience small councils lack the funding and the technical expertise to prepare complicated town plans. There is also the frequently irresistible temptation to rezone the land of friends and family as lucrative building land at the expense of the wider community. A centralised function would create economies of scale and be more impartial. Act decisively against illegal construction It is easy to find examples of continued illegal construction. There are less than 50 planning inspectors in Andalucia for a land mass of 33,694 square miles. The complicated intermingling of politics, business, wealth and favours in small Spanish towns makes it unlikely that such activities will be reported. Citizens alerting the authorities to illegal construction need a means to protect their anonymity. Compensate Create a fund to compensate those whose homes have been demolished through failings in the system rather than any wrongdoing on the part of the unsuspecting homeowners. Divert money from marketing campaigns for this purpose. It will do more good. The government of Andalucia has complete control over planning matters within its borders. This gives them the power to amend the law to solve the problem. One can only hope that they heed the demand for change not only from Spanish nationals who are similarly affected and who will have their say in the coming elections, but also from the thousands of foreign homeowners who were encouraged to settle here only for their investment to be wiped out and their dreams shattered. If Spain wishes to remain the premier choice for European retirees and to bring in much needed new investment, it needs to make changes that will offer the security demanded by purchasers. If it continues to ignore the mistakes of the past or papers over the cracks with piecemeal legislation, consumers and the property industry as a whole will continue to be badly served.
