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Favorite vehicles of 2017

The Autoblog staff has driven a lot of vehicles in 2017. This video showcases our favorite vehicles from this year, along with some thoughts on why they made the list. Wanna read more head over to https://www.autoblog.com/photos/best-drivers-cars-2017/ Aston Martin Audi Ford Jeep Lexus Porsche Autoblog Minute Videos Original Video porsche macan lexus lc 500 macan wrangler r8 Arts and Entertainment

Audi CEO says brand's EVs are almost as profitable as its other cars

After, oh, a hundred years or so of building vehicles primarily powered by internal combustion engines, automakers around the world have been and still are pumping billions of dollars into the development of electric vehicle technology. Everything from platforms and batteries to motors and the software to control it all requires untold hours of development, and that takes time and money. Fortunately, it's not going to take long for that massive investment to start paying off, at least according to Audi CEO Markus Duesmann, who told Reuters in an interview that "The point where we earn as much money with electric cars as with combustion engine cars is now, or ... next year, 2023. They are very even now, the prices." As a brand, Audi contributed more than a quarter of overall profit for the massive Volkswagen Group, which has such powerhouse brands as Volkswagen and Porsche among others. Under the Audi umbrella are Lamborghini, Bentley and Ducati, and it seems those high-end branches aren't going anywhere, at least for now. "These brands ... are very valuable very profitable brands, where we can even expand the synergy level in the future," Duesmann said in the interview. "There are no plans whatsoever to get rid of them." Despite the overall profitability of the brand, the ongoing global chip crisis is causing headaches. "We had a very strong first half in 2021. We do expect a much weaker second half," said Duesmann, who added, "We really have trouble." In fact, so serious is the trouble that the brand is forced into "a day-to-day troubleshooting process" to limit the chip-shortage damage. The good news for the automaker is that Audi has been able to boost its profit margin from 8% prior to the pandemic in 2019 to 10.7% in the first half of 2021. The bad news is that various chip shortages aren't expected to get a whole lot better over the rest of the year. Related video:

Porsche working on turbo V12 for Putin limo project?

Porsche is best known for building very well-regarded sports cars and better-selling utility vehicles. Come to the company with a big enough bag of cash, though, and the Porsche Engineering division can create just about anything. The group's past projects include working with Harley-Davidson, Mercedes-Benz and corporate cousin Audi, but if rumors prove true, then its latest partner might be the last one you'd expect.
Russian website Wroom reports that Porsche Engineering is building the engine for the Project Cortege government limousine project for Russian president Vladimir Putin. The mill is supposedly a turbocharged V12 displacing between 6.0- and 6.6-liters and making around 800 horsepower. When complete, it will reportedly be built by ZMZ with Russian-sourced parts.
The limo is expected to debut in 2017, according to Wroom, but it's just the beginning of Putin's grandiose plans, which also goes by the name of the Motorcade Project. The same platform is also meant to underpin several vehicles for use by the government, including an SUV, a small bus and a sedan. All of them would reportedly have a longitudinally mounted engine and all-wheel drive.