Porsche and Axel Springer increase investment into early-stage fund APX to €55M

Berlin-based early-stage fund APX today announced that its two investors, European publisher Axel Springer and sports car maker Porsche, have increased their investment in the fund to a total of €55 million. With this, APX, which launched in 2018, is now able to deploy up to €500,000 in pre-Series A seed funding per company. That’s up from up to €100,000 when the fund launched. So far, the group has invested in more than 70 companies and plans to increase this number to close to 200 by 2022. Whe...
Tags: Fundings & Exits, Startups, TC, Europe, Berlin, Funding, Cars, Tech, Porsche, Automotive Industry, Axel Springer, Jörg, Apx, Jörg Rheinboldt, Rheinboldt, Axel Springer Today

Time for a New Toyota Celica?

Toyota may have a new Celica in the works, according to While filing a trademark for Celica at this point in time seems to be rights retention more than anything, there is a trademark limitation of three years. After that time, Toyota would be required to re-apply to retain their rights to the iconic name. […] The post Time for a New Toyota Celica? appeared first on The Truth About Cars.
Tags: Japan, Autos, Toyota, Classic, Tuner, Sports Car, Enthusiasm, News Blog, Celica, Tuners, Sport Compact, Import Performance, Sporty Car

[REVIEW] Aerostich Transit 3.0 Two Piece Suit Review

Introduction With 2020 in the rearview mirror, it’s time for a follow-up review to my initial look at the Aerostich Transit 3.0 suit. Part of the reason it has taken so long was due to COVID-19 putting the brakes on a lot of business and trade. When I first received the Transit suit about a year ago, I found the pants ran a bit large. The size 36 I received was more like 37, plus they could stretch a couple of inches from there. They were basically unable to stay “up” without a belt or zipping ...
Tags: Review, Transit, Motorcycles, Nashville, Jeremy, Aerostich, Nashville TN, Gore Tex, Barber Motorsports Park, KLIM, Motorcycle Jacket Reviews, Airbag Vest, Roadcrafter, Aerostich Transit, Mat Group, Klim Ai

Pardon Me, Did I Do Something Wrong?

Among those receiving a Presidential pardon included Anthony Levandowski and Elliott Broidy. Trump’s largesse was noted in a story on Autoblog that appeared earlier today. Levandowski, a former Google engineer, pleaded guilty to stealing trade secrets on autonomous cars before moving to Uber to head up Otto, their self-driving startup. Pleading guilty in March for […] The post Pardon Me, Did I Do Something Wrong? appeared first on The Truth About Cars.
Tags: Google, Autos, Otto, News Blog, Anthony Levandowski, Levandowski, Elliott Broidy Trump

KTM expands its 890 line-up, unveils all-new KTM 890 Duke globally

The 890 Duke R was the first motorcycle in KTM?s 890 platform. It was showcased...
Tags: Autos, Duke, KTM, Duke R

3 new Ducati Scrambler motorcycles to launch in India on 22 Jan 2021

Ducati India took to its social media channels to announce that it is going to...
Tags: India, Ducati, Autos, Ducati India

Rare Rides: The Intensely Sporty 1992 Dodge Daytona IROC R/T

Rare Rides has featured a few sports coupes of the Dodge variety previously, but those Eighties cars were not as modern, refined, and sophisticated as today’s seldom seen two-door. Presenting the Dodge Daytona IROC R/T, from 1992. The Daytona was a new name at Dodge as the company reorganized its sporty car lineup in the […] The post Rare Rides: The Intensely Sporty 1992 Dodge Daytona IROC R/T appeared first on The Truth About Cars.
Tags: Autos, Dodge, Daytona, Dodge Daytona IROC

2021 Suzuki GSX-S125 in Japan receives new colour options

Suzuki recently updated the GSX-R125 for the Japanese market by adding a new...
Tags: Japan, Autos, Suzuki

Tokyo Auto Salon 2021 Takes Place Virtually

The Tokyo Auto Salon, possibly the most anticipated event among tuner-car enthusiasts, was canceled for 2021. In its place, a virtual event was held this past weekend. Normally at this time of year, Narita International Airport in Tokyo would be filled with automotive enthusiasts, on their way home from the Tokyo Auto Salon. However, with […] The post Tokyo Auto Salon 2021 Takes Place Virtually appeared first on The Truth About Cars.
Tags: Japan, Events, Autos, Tokyo, Tuner Cars, Narita International Airport, Tokyo Auto Salon, Enthusiasm, News Blog, Tuners, Show Cars

KTM 490 Adventure rendered, looks more mature than 390 Adventure

KTM is expected to launch the 490 Duke and 490 Adventure models in 2022. The...
Tags: Autos, Duke, KTM

2021 TT2000Countdown(function(d, s, id) { var js, ...

2021 TT2000Countdown(function(d, s, id) { var js, pjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); = id; js.src = "//"; pjs.parentNode.insertBefore(js, pjs); }(document, "script", "tickcounter-sdk"));  [Author: Andrew Thomson]
Tags: Motorcycles, Andrew Thomson, TT2000

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