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How to polish car paint | Autoblog Details

Here's how to quickly and properly polish your car's paint to increase the depth and shine of your clear coat with a dual action polisher. Watch all our Autoblog Details videos for more quick car care tips from professional detailer Larry Kosilla. Show full video transcript text [00:00:00] Polishing paint properly is not only a skill, but it's what I consider an art especially on this 1964 Ferrari GTE. And like any art form, it takes years of practice to perfect. Today we're gonna discuss how to quickly and safely polish or paint to increase the depth and shine of your clear coat with dual action polishers. Coming up on this episode of Details. My name is Larry Kosilla and I'm a professional detailer. Together with Autoblog, we're creating [00:00:30] the ultimate collection of quick car care videos. This is Autoblog Details. Here are the items you'll need for this task. If your car has clear coat, and in most cases, any car manufactured after the mid 1980s, or repainted like this one here, will come standard with clear coat, and you'll need to use a machine. Polishing clear coat by hand is not recommended due to the hardness of the paint. [00:01:00] Polishing paint is typically done for two main purposes. First is to remove any remaining swirls left over from a previous compounding step, or to simply increase the gloss of the paint that has no scratches that lacks a deep rich shine like this one here. First, attach a foam polishing pad to a machine. In this case, I'm using a Meguiars foam yellow pad on a Rupes LHR 21ES polisher. Spread your polish of choice around the pad, covering all pores evenly by massaging the product in [00:01:30] by hand and of course, wearing gloves. Make sure to add a bit more in some areas that remain uncoated. Now that the pad is primed, add three small dots of polish and place the pad directly on the paint prior to engaging the machine. Speed settings will vary by machine and the type of pad used but a setting of three to four is a good place to start. Take note on small orbit polishing machines if the polishing pad is not rotating, little to no polishing work is being done to the paint. Adjustments to speed, pressure, [00:02:00] and machine angle may be needed. Apply light to medium pressure to the machine so that the foam pad compresses slightly. Arm speed is moderate to slow. But keep in mind, the slower your arm speed, the more work is being done to the paint.

Ferrari borrows $2.6 billion to finance FCA spinoff

Ferrari announced Monday that it is borrowing about $2.6 billion to finance its spinoff from Fiat Chrysler Automobiles. Here's how it breaks down: Ferrari NV, the automaker's parent company based in the Netherlands, is taking out loans totaling 2.5 billion euros. That's equivalent to $2.64 billion at current exchange rates, and is divided between a term loan of $2.12 billion and a revolving credit facility of $529 million. The larger term loan "will be used to refinance indebtedness owing to Fiat Chrysler Automobiles," among other purposes. That ought to constitute the lion's share of the $2.38 billion which the Prancing Horse marque was, according to reports last year, slated to pay its current parent company in order to help FCA fund its ambitious growth plans. The separate line of credit is earmarked "to be used from time to time for general corporate and working capital purposes of the Ferrari group." Though Ferrari is not expected to take any other Fiat Chrysler properties with it, the "group" in this case would include its various financial services and distribution arms around the world that may have been separately incorporated. As noted in the statement below, the financial arrangement "represents a further step towards the separation of Ferrari from the FCA Group," following the separate stock issues from both companies as independent from each other. FERRARI N.V. SIGNS ˆ2.5 BILLION SYNDICATED CREDIT FACILITY Ferrari N.V. (NYSE: RACE) ("Ferrari") announced today that it has entered into a ˆ2.5 billion syndicated loan facility with a group of ten bookrunner banks. The facility comprises a bridge loan (the "Bridge Loan") and a term loan (the "Term Loan") of ˆ2 billion in aggregate and a revolving credit facility of ˆ500 million (the "RCF"). Proceeds of the Bridge Loan and Term Loan will be used to refinance indebtedness owing to Fiat Chrysler AutomobilesN.V. (NYSE: FCAU) ("FCA") and other indebtedness and for other general corporate purposes. Proceeds of the RCF may be used from time to time for general corporate and working capital purposes of the Ferrari group. The Bridge Loan has a 12 month maturity with an option for Ferrari to extend once for a six-month period. Ferrari intends to refinance the Bridge Loan prior to its maturity with longer term debt, including through capital markets or other financing transactions. The Term Loan, which comprises a majority of the total facility, and the RCF each have a maturity of five years.

Ferrari to reveal California-based 149M on February 12

The updated, turbocharged Ferrari California might be the Prancing Horse's worst-kept secret ever. The long-rumored car was spotted testing last summer at the Italian dreammaker's Fiorano test track with the unmistakable whistle of a forced-induction engine, and Ferrari is now teasing the reveal of its "149M Project" on February 12. Because that the original codename for the California was the F149, the new car is almost certainly the refreshed version.
The exact engine under the hood is still a mystery, but it is rumored to be a tuned version of the 3.8-liter, twin-turbocharged V8 found in the Maserati Quattroporte with 523 horsepower and 524 pound-feet of torque, an engine that is already a significant upgrade over the 483 hp and 372 lb-ft in the current California. Other reported upgrades suggest there is the possibility of revised exterior pieces to make the new model look more like the F12 Berlinetta, along with an improved interior featuring a more modern infotainment system. As expected, Ferrari has no plans to drop the California's retracting hardtop for the updated model.
While Ferrari will debut the new car on February 12, the public will probably not get its first chance to check out the brand's entry-level sports car until the Geneva Motor Show in March.