Property

House of Fraser falls into administration

Property Week News Feed - Fri, 08/10/2018 - 08:08
House of Fraser has appointed administrators after talks with potential suitors failed.
Categories: Property

Custom 1979 International Harvester Scout II Asks $299,000

Motortrend News Feed - Fri, 08/10/2018 - 00:30

Vintage Blazers, Broncos, and Jeeps are super cool, but if you want to stand apart from the crowd a 1979 International Harvester Scout II restomod might do the trick. Especially if you have a wad of cash handy—like $299,000 for starters. To put that price into perspective, you could get a McLaren 720S for about that much.

Velocity Restorations of Pensacola, Florida, is showing off its latest restomod off-roader project that needs a new garage and owner.

The restoration shop says it spent more than 1,500 hours rebuilding the orange beauty seen here, and it sure looks like it.

“We are really proud of our International Scout,” said Brandon Segers, Velocity Restorations owner, in a statement. “We found this model in a Texas oil field. We stripped it to the bare metal, and started the frame off restomod process. Every nut and bolt is brand new, the powertrain is improved, and it looks stunning.”

Under the hood, the upgraded truck gets a 6.2-liter LS3 V-8 engine that now offers 430 hp and 424 lb-ft of torque. The LS3 is mated to a four-speed automatic transmission.

The super duper Scout II sports a custom grille up front, LED headlights, custom bumpers, 9.0-inch rear axle, 6.0-inch suspension lift, Wilwood four-wheel disc brakes, a stainless steel fuel tank, and big, fat Nitto Trail Grappler Mud Terrain tires.

Inside there’s a custom dash, digital gauges, a Bluetooth-friendly stereo system, vintage A/C and heating system, black vinyl interior, and a powder-coated four-point roll bar.

The company also restores Broncos and other vintage rides if someone beats you to the punch.

Source: Velocity Restorations

The post Custom 1979 International Harvester Scout II Asks $299,000 appeared first on Motor Trend.

Categories: Property

Mazda Made Errors During MPG Tests for Japanese-Market Cars

Motortrend News Feed - Fri, 08/10/2018 - 00:08

After it came to light that Mitsubishi, Nissan, and to a lesser degree, Subaru had all misreported fuel economy data, Japan’s Ministry of Land, Infrastructure, Transport, and Tourism (MLIT) ordered investigations into other Japanese manufacturers. Now, Mazda has revealed that it, too, is guilty of improper vehicle tests and data reporting.

In its report to MLIT, Mazda said its investigation found that test data was “handled inappropriately” in 72 of the 1,472 fuel economy tests it reviewed. Those cases contained speed trace errors, meaning vehicle speed deviated from the parameters dictated by Japan’s JC08 test cycle. However, Mazda says it found “no improper alteration or falsification of test data” in its any of its fuel economy tests.

“We would like to offer our sincere apologies for the concern this matter has caused our customers and to all stakeholders,” Mazda said in its report. “We are treating this matter very seriously and will make every effort to prevent similar occurrences in the future.”

The automaker blames its own testing procedures for the inaccurate data in the above cases. Mazda’s system wasn’t set up to automatically reject test results when a speed trace error was detected, so it was up to the human inspectors in the tests to decide whether the data was invalid. To ensure this doesn’t happen again, Mazda says it will update the system to automatically throw out tests with such errors and require all data be checked by multiple employees.

Reuters reports that Yamaha and Suzuki also found testing errors during their respective investigations. In Suzuki’s case, out of 12,819 vehicles tested since June 2012, roughly 50 percent were found to be improperly inspected. Despite the number of improper vehicle inspections, none of the automakers involved broke any laws or plan to issue recalls. That’s largely due to the fact that they found no evidence that actual emissions or fuel economy performance for the vehicles, which are all sold in Japan, was affected in any way.

While Mazda’s mistakes come nowhere near the level of Volkswagen’s emissions cheating, they serve as further evidence that not all automakers are doing things by the book when it comes to testing and reporting fuel economy and emissions. By cracking down now, let’s hope regulators around the globe can keep everyone on their toes and prevent another major emissions scandal.

Source: Mazda, Reuters

The post Mazda Made Errors During MPG Tests for Japanese-Market Cars appeared first on Motor Trend.

Categories: Property

Ford’s New NASCAR Mustang Looks Surprisingly Good

Motortrend News Feed - Thu, 08/09/2018 - 21:15

For the last several years, Ford’s top-level NASCAR entries have been styled to look like the Fusion family sedan. Next season, though, that won’t be the case. Instead, Ford plans to run a Mustang-inspired car like it does in the Xfinity series. But while previous iterations have looked clumsy at best, this one looks surprisingly good.

Ford released images of its new Monster Energy NASCAR Cup Series entry today and announced that its first race will be next February’s Daytona 500. The big reveal took place at Ford’s headquarters in Dearborn, Michigan, with employees, NASCAR executives, team owners, and all 13 drivers in attendance.

“We look forward to seeing the Ford Mustang, a cultural icon, on the track in the most competitive series in all of motorsports,” said Steve O’Donnell, NASCAR’s head of racing development, in a release. “Our sport eagerly anticipates the performance, style and fanfare the Mustang will bring to the track each weekend beginning at the 2019 Daytona 500.”

According to Ford, the clean new look isn’t an accident. The team reportedly made sure the car wore its new styling well and didn’t look like a generic race car with some Mustang stickers slapped on. We must say, we think the Mustang design translates better to a stock car body than the Toyota Supra.

“Ever since we announced in April that Mustang would be going to the Cup level in 2019, we’ve heard nothing but positive feedback,” said Mark Rushbrook, Ford’s global head of motorsports. “Our Ford Performance team has worked hard with the Ford Design team to create a Mustang that will be competitive on the track while remaining true to its proud heritage. We can’t wait to see it winning races in the NASCAR Cup Series next year.”

Source: Ford

The post Ford’s New NASCAR Mustang Looks Surprisingly Good appeared first on Motor Trend.

Categories: Property

2019 Chevrolet Trax

The Car Connection News Feed - Thu, 08/09/2018 - 20:50
The 2019 Chevrolet Trax is a city-sized crossover SUV that makes up for its low thrill demeanor with budget-friendly pricing. Overall, we rate the 2019 Trax at 4.2 out of 10. (Read more about how we rate cars.) It scores for its low price, but that’s about it. The Trax comes up short in terms of refinement, styling, and safety. The Trax...
Categories: Property

Spied! Electric BMW 3 Series Silently Prowls the Streets

Motortrend News Feed - Thu, 08/09/2018 - 20:30

A few years ago, in a somewhat controversial move, BMW added a plug-in hybrid to the 3 Series lineup. Using a 2.0-liter turbo and an electric motor, the 330e makes 248 hp and 310 lb-ft of torque. With the 7.6-kWh battery fully charged, the hybrid 3 Series can travel up to 14 miles on electric power alone. But when the redesigned 3 Series finally goes on sale, it looks like BMW plans to go even further and offer a fully electric version.

At first glance, the prototype shown here appears to be a regular 3 Series, but if you take a closer look, the “Electric Test Vehicle” stickers give it away. Yes, the car has dual exhaust tips, but according to our spy photographer, they’re completely fake. This 3 Series is a pure EV, he says.

We already knew BMW planned to introduce 12 electric vehicles by 2025, but so far, it’s done a good job of keeping a lid on production plans and vehicle specs. As a result, we have very little info on how many motors and what size battery pack the 3 Series EV will get.

Thankfully, BMW did provide at least one useful clue. The prototype seen here was out testing with a Tesla Model 3, suggesting that BMW will position the electric 3 Series as a direct competitor. To do that, it will need at least a 200-mile range. According to a few unnamed sources inside BMW, though, the range will actually be closer to 300 miles, making it more of a long-range Model 3 competitor.

Considering how production-ready this prototype looks, BMW should be close to the official reveal. From what we hear, the new 3 Series is coming to the Paris motor show in October. Whether the electric version will be announced at the same time, however, remains to be seen.

Photo source: CarPix

The post Spied! Electric BMW 3 Series Silently Prowls the Streets appeared first on Motor Trend.

Categories: Property

Infiniti Teases Electric Sports Car Concept Ahead of Pebble Beach

Motortrend News Feed - Thu, 08/09/2018 - 19:43

Following up on the retro-inspired Prototype 9 from last year’s Pebble Beach show, Infiniti is cooking up another electrified concept that banks on nostalgia. Though Prototype 9 harkened back to the golden age of Grand Prix racing, this new concept appears to be going for a classic Le Mans racer look.

We only have this one overhead-view rendering to go off, but from it, we can see the concept will have an offset cockpit unlike the central seating position in the Prototype 9. A minimalist windscreen should give the driver some protection while they drive using the rectangular yoke-style steering wheel. Just behind the seat, there appears to be a vertical fin à la the Jaguar D-Type. It’s unclear how much of the car is shown in this rendering, but from the angle we have, it looks pretty narrow.

The concept was a joint effort between Infiniti’s Japan, U.S., and U.K. teams and was headed by Infiniti executive design director Karim Habib.

“Our new concept provides clues to where the Infiniti brand is heading,” said Habib, in a release. “For us, electrification means performance—our electrified cars will be powerful, efficient, and fun to drive, and the new concept is a physical representation of our electrified performance future.”

That’s all we know about the car so far, but hopefully, we’ll learn more as the brand releases more info ahead of its August 23 debut at the 2018 Pebble Beach Concours d’Elegance.

Infiniti Prototype 9 pictured below.

Source: Infiniti

 

The post Infiniti Teases Electric Sports Car Concept Ahead of Pebble Beach appeared first on Motor Trend.

Categories: Property

2018 Mazda CX-5 diesel certified by EPA at 29 mpg combined

The Car Connection News Feed - Thu, 08/09/2018 - 17:34
The 2018 Mazda CX-5 diesel is one step closer to arriving in showrooms. In certifying the 2018 CX-5 diesel for sale in the U.S., the EPA said that it is rated at 28 mpg city, 31 highway, 29 combined with front-wheel drive. With all-wheel drive, the CX-5 diesel is rated at 27/30/28 mpg. Those looking for a big fuel economy improvement over the...
Categories: Property

Southern secures housing approval for Shoreham regeneration scheme

Property Week News Feed - Thu, 08/09/2018 - 17:27
Southern Housing Group has received planning permission from Adur & Worthing Council for a mixed-use housing development at Free Wharf on the River Adur.
Categories: Property

BNP PRE gains Gann as senior director for IIG team in Hong Kong

Property Week News Feed - Thu, 08/09/2018 - 16:03
BNP Paribas Real Estate has appointed James Gann as senior director within its International Investment Group (IIG) team based in Hong Kong with a remit to support growth in UK investment.
Categories: Property

BNP PRE gains Gann to head up IIG team in Hong Kong

Property Week News Feed - Thu, 08/09/2018 - 16:03
BNP Paribas Real Estate has appointed James Gann as senior director within its International Investment Group (IIG) team based in Hong Kong with a remit to support growth in UK investment.
Categories: Property

2018 VW Tiguan crossover recalled over fire risk

The Car Connection News Feed - Thu, 08/09/2018 - 15:50
About 45,000 2018 VW Tiguan crossover SUVs equipped with panoramic moonroofs will be recalled over an LED ambient light unit that can catch fire, the NHTSA said Tuesday. The affected 2018 Tiguans were built between December 8, 2016, and July 7, 2018. After July 7, the design of the LED ambient light unit mounted in the vehicle's headliner was...
Categories: Property

2019 Ford Expedition, Alfa Romeo 8C rebirth, California emissions: What's New @ The Car Connection

The Car Connection News Feed - Thu, 08/09/2018 - 15:30
New York City Council caps Uber and Lyft vehicles The New York City Council on Wednesday voted to impose a one-year freeze on new licenses granted to Uber, Lyft, and other ride-sharing vehicles. Chilling IIHS video shows dangers of running a red light Over 800 people died in vehicle accidents involving red light running in 2016, an increase of...
Categories: Property

2019 Ford Expedition

The Car Connection News Feed - Thu, 08/09/2018 - 14:46
The 2019 Ford Expedition is a category-killer. It weds excellent performance with pure and clean styling and substantial cargo and people space, whether in standard or long-wheelbase Expedition Max form. Offered in XLT, Limited, and Platinum trim, we give the 2019 Expedition a 6.3 out of 10, with strong scores in utility and safety, and...
Categories: Property

Savills IM pens Pan Macmillan deal for charities fund

Property Week News Feed - Thu, 08/09/2018 - 14:04
Savills Investment Management has signed publisher Pan Macmillan on a pre-let to take the majority of its Smithson office redevelopment in Farringdon on behalf of the Charities Property Fund.
Categories: Property

Hilco to close 60 Homebase outlets in restructuring

Property Week News Feed - Thu, 08/09/2018 - 13:52
Restructuring company Hilco is reportedly set to close up to 60 Homebase stores having acquired the chain for £1 earlier this year.
Categories: Property

Chilling IIHS video shows dangers of running a red light

The Car Connection News Feed - Thu, 08/09/2018 - 13:31
Over 800 people died in vehicle accidents involving red light running in 2016, an increase of over 17 percent since 2012. Despite this, fewer communities across the country are using red light cameras at intersections. MORE: IIHS faults Uber for deactivating Volvo’s automatic emergency braking in fatal crash According to a list of guidelines...
Categories: Property

Hines and Blue Noble double Italian student accommodation with Milan acquisition

Property Week News Feed - Thu, 08/09/2018 - 13:30
Hines and REIT Blue Noble have acquired a site near Bocconi University in Milan, to develop a 650-bed accommodation for the joint venture’s second acquisition in Italy.
Categories: Property

Quartet of lettings brings Courage House deals to completion

Property Week News Feed - Thu, 08/09/2018 - 13:24
Columbia Threadneedle Investments has completed the final four lettings at its mixed-use scheme on the Southbank of the River Thames, including deals with Zoopla and Rush Hair and Beauty.
Categories: Property

New Waterloo HQ for architect Broadway Malyan

Property Week News Feed - Thu, 08/09/2018 - 13:07
The Estate Office Shoreditch has pre-let the entirety of its recently refurbished 12,300 sq ft Holmes House in Waterloo to international architectural practice Broadway Malyan.
Categories: Property

Pages