Luxury boat builders have flocked to Dubai, which is where they see the money being. The annual boat show, featuring almost 450 vessels, expects to attract more than 25,000 people from 70 countries – bringing huge numbers of potential buyers to the emirate’s waterfront.
The Peugeot 308 has been voted as Car of the Year ahead of the Geneva International Motor Show. European automotive editors voted it number one ahead of six competitors, including a premium Mercedes S-class.
The Hennessey GT Venom has become the fasted production car in the world, reaching speeds of 435.31 kilometers per hour (270.49 miles per hour). The 7.0-litre twin-turbo GM-sourced V8 engined vehicle was driven across the space shuttle landing strip at the Kennedy Space Centre, beating the previous record set in 2010 by a Bugatti Veyron.
Boat makers from across the world have gathered at the Miami Boat Show, showcasing the best that money can buy. But the industry is struggling to emerge from decline, with US builders trying to reverse the downward spiral.
Car manufacturer Volkswagen has announced it is to end production of its iconic Kombi minibus. The vehicle has been one of VW’s best sellers, producing nearly four million vehicles in 63 years, but new environmental regulations mean that no more will be made.
General Motors has appointed a woman as its CEO for the first time. After working for America’s biggest auto company for 33 years, the 51 year old has risen through the ranks and is now in the driving seat.
Car manufacturer Mercedes has revealed its new self-drive car concept at the Frankfurt motor show. The Mercedes-Benz S 500 Intelligent Drive is said to be able to cruise on the motorway and maneuver through traffic jams, but it won’t be commercially available to about a decade while further tests are carried out.