Financing,trades Welcome,shipping Available on 2040-cars

Auto blog

Daughter has great taste, gives stepdad Porsche 914 of his youth

Children require a ton of sacrifices; even people without kids know that. Whether it's the time to watch a baseball game or the money just to get there, parents have to give up something for the betterment of their offspring. Of course, once a child grows up, it's finally possible to repay mom and dad for all of their hard work. In the case of Kristin Russell and her stepdad, Dave, that involves a surprise 1973 Porsche 914.
Before he got married, Dave had a sweet, white 914. He even had the money saved up to restore it, but spent the cash on the wedding instead. The Porsche languished in the garage until Dave eventually parted it out and sold it off. Years later, Russell wanted to do something to thank her stepdad for all of the things he had done for her and her mom. The only fitting thank you was an identical 914 to the one that he gave up. Scroll down to watch Dave's reaction of getting his dream car as a surprise Father's Day gift.

U.S. tariff threat hits European automakers' stocks

FRANKFURT, Germany — A U.S. warning that it may introduce tariffs on foreign auto imports hit shares in German carmakers BMW, Daimler and Volkswagen on Thursday, which together have a more than 90 percent share of North America's premium car market. Washington said on Wednesday it had launched an investigation into whether car and truck imports are a national security issue due to signs they had damaged the U.S. auto industry. That could lead to new U.S. tariffs — up to 25 percent — similar to those imposed on imported steel and aluminum in March. BMW and Daimler shares fell as much as 3.1 percent in early Thursday trading, while Volkswagen's dropped as much as 2.5 percent. "(U.S. President) Donald Trump is obviously not thinking about how to prevent a trade war. Import duties on cars would be a nightmare for the German auto industry and would lead to a massive sales impact," said Thomas Altmann at Frankfurt-based asset manager QC Partners. BMW on Thursday condemned the move to consider tariffs. "The BMW Group is committed to free trade worldwide. Barrier-free access to markets is therefore a key factor not only for our business model, but also for growth welfare and employment throughout the global economy," it said. Daimler, which makes Mercedes-Benz cars, and Volkswagen, which makes upmarket Audis and Porsches, were not immediately available for comment. German carmakers produced 804,000 cars at local factories in the United States and exported 657,000 German-made cars into North America last year, according to German auto industry association VDA. China took pains on Thursday to welcome German firms and investments, with Premier Li Keqiang talking up relations after a meeting with German Chancellor Angela Merkel. BMW and Mercedes have expanded production capacity in the United States, but BMW, Audi, Volkswagen and Daimler have also invested billions to build new factories in Mexico in the hope of selling locally produced cars into the United States. German carmakers hiked vehicle production in Mexico by 46 percent to 620,000 cars last year, while production levels inside the United States fell by 6 percent to 804,000 cars because of a shift to Mexico, according to the VDA. BMW has its biggest factory worldwide in Spartanburg, South Carolina, and is the largest vehicle exporter among all the carmakers in the United States measured by value of goods exported. More than 70 percent of BMW's U.S.-made cars are exported.

Paul Walker's daughter files wrongful death suit against Porsche [UPDATE]

UPDATE: This post has been edited to include a statement from Porsche. While police blamed the crash that killed Fast and Furious star Paul Walker and racecar driver Roger Rodas on excessive speed, Walker's daughter, Meadow, thinks Porsche is at fault. The 16-year-old has now filed a wrongful death suit against the German manufacturer to back up that allegation. According to legal documents obtained by E! Online, the suit alleges that the Carrera GT that Walker and Rodas died in "lacked safety features ... that could have prevented the accident or, at a minimum, allowed Paul Walker to survive the crash," with Porsche Stability Management being called out in particular. Federal motor vehicle safety standards didn't require new cars sold in the US to be equipped with electronic stability control until 2012. The suit focuses not only on the Carrera GT's lack of electronic safety systems and "history of instability and control issues," but on an allegedly defective seatbelt. It claims that upon impact, the belt "snapped Walker's torso back with thousands of pounds of force, thereby breaking his ribs and pelvis," and prevented him from exiting the car before it caught fire, roughly a minute and 20 seconds after the initial impact, according to TMZ. Soot found in Walker's windpipe supports the theory that he was alive and breathing when the fire started, the suit continues. Like the suit Roger Rodas' widow filed against Porsche in 2014, Walker's filing also alleges that the Carrera GT wasn't traveling at 80 to 93 miles per hour, as a police investigation concluded. But where Mrs. Rodas claimed the Carrera GT was going 55 at the time of the crash, this suit claims the hypercar was moving at 63 to 71 mph. That's a more manageable figure to be sure, and if true would have a serious impact on the way the car behaved, but it's still well above the road's posted 45-mph speed limit. "The bottom line is that the Porsche Carrera GT is a dangerous car," Meadow Walker's lawyer told TMZ. "It doesn't belong on the street. And we shouldn't be without Paul Walker or his friend, Roger Rodas." Porsche, meanwhile, has stood by the reports from the Los Angeles County Sheriff's Department and other authorities.