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Luxury carmakers make way more than just cars

Whether it's as simple as Ferrari offering model cars or as opulent as Bugatti with an $84,000-belt buckle, practically every automaker does more than just sell cars to keep their brands visible. The profits from these ventures might not be enough to keep the lights on, but in such a competitive industry, any extra cash is welcome. For the automakers that get licensing just right, there is a ton of profit to be made. According to a recent story examining the practice by The New York Times, Ferrari makes around $2.6 billion from merchandising each year, and General Motors tops that at $3.5 billion. Beyond just a profit center, merchandising can also protect an automaker's name. Take Hummer for example. The GM division shut down years ago, but it has continued to produce licensed cologne on sale around the world. "Because we still have the active fragrance, we're protecting the brand if we ever decide to bring it back," Gene Reamer, a GM licensing senior manager, told the Times. The whole piece is a fascinating look into this often ignored, but quite lucrative facet of the auto business. Read it for yourself, here. Related Video: News Source: The New York TimesImage Credit: Luca Bruno / AP Photo Design/Style Earnings/Financials Marketing/Advertising Read This Ferrari GM Hummer branding

This modified Hummer hybrid will go to the South Pole on biofuel

One modified Hummer H1, traveling with another vehicle that looks like a modified Hummer H1, will spend six to 10 days driving to the South Pole, two days camping at the Pole, and take another six to 10 days driving back to the coast of Antarctica. Assuming all goes well. That's not guaranteed, since this blue beast really is - fundamentally, at least - a Hummer H1, not just Hummer-like bodywork over non-Hummer internals like you'd find on, say, the Dakar-winning "Mini." The Zero South team has been working on this vehicle for seven years (we checked it out at SEMA in 2008 and in 2010). The frame, suspension, axles, hubs, differentials, and the body are pure 1998 Hummer, the funky bodywork being from an insulated H1 ambulance, the uprated driveline from an armored H1. The original H1 used a 6.5-liter V8, but here that ICE engine has been swapped for a 3.2-liter turbodiesel V6 straight-six that will run on aviation-grade biofuel pulled from two 30-gallon tanks. Called the Hybrid Polar Traverse Vehicles, the serial hybrids use that engine to power a 216-horsepower electric motor that juices up a 24-kWr battery stored in an insulated, five-foot-long battery box between the frame rails. That battery powers two 200-hp electric motors, one at each axle, that will keep the tracks going through the Antarctic December half-light. We aren't sure what the second vehicle is based on, but its internals mirror the Hummer's, it has the exact same specs, and it looks almost the same except it's painted orange. They will pull a modified Airstream trailer called the "Snowstream," and are planning and eight-episode TV series as well as a feature film to document the expedition.

How a New York cabby can get an MV-1 taxi for just $11k

AM General – the same company that's behind the Hummer – is making it easier for taxi drivers to buy one of its wheelchair accessible cabs in New York. Between the factory's own incentives and those offered by the city, the new MV-1 Empire Taxi can cost as little as $11,200. Unlike other vehicles that can be converted after production for handicapped mobility, the MV-1 is designed by AM General from the get-go as a wheelchair-accessible vehicle. Mobility Ventures LLC – the AM General subsidiary responsible for the MV-1 – displayed a yellow cab version at the New York Auto Show in 2012, and is now bringing it to market as the MV-1 Empire Taxi. Pricing has been announced, and it is rather competitive, to say the least. Mobility Ventures charges $33,000 for one of its wheelchair-accessibly taxis. But the NYC Taxi & Limousine Commission is offering a $14,000 grant toward the purchase of a wheelchair-accessible cab, bringing the purchase price down to $19,000. Of course, the Commission will offer the same incentives towards the purchase of any wheelchair-accessible vehicle, but converting an existing van for the purpose generally costs a good $10-20k. So while a Nissan NV200 Taxi of Tomorrow, for example, might start at under $30k, add in the cost of mobility conversion and you're looking at a lot more – a solid $10k more, according to Mobility Ventures. If the $19k purchase price isn't enough to get New York cabbies on board, the manufacturer and the commission are offering further incentives for some customers. For every wheelchair-bound passenger a driver picks up, the city will pay the cabby 50 cents – that may not sound like a lot, but it adds up over time. What's more, Mobility Ventures will match the incentive for the first 25 customers who buy an MV-1 Empire Taxi, which combined can come to as much as $7,800 in payments over the course of a year. Work that into the equation and the end cost of the new Empire Taxi could come out to just $11,200. Mobility Ventures is working with other cities to offer similar incentives, with negotiations currently under way in Washington with the DC Taxi Commission. Mobility Ventures Unveils New "MV-1 Empire Taxi" for NYC - More Legroom and Luggage Space Than any Other Taxi or Wheelchair Accessible Vehicle - Innovative Program will Match TLC Payments to Drivers for Every Ride in a Wheelchair Accessible Vehicle, Along with Special MV-1 Purchase Discounts NEW YORK, Jan.