The Pivo 3 could revolutionise urban driving with its self-park technology. AFP
The Pivo 3 could revolutionise urban driving with its self-park technology. AFP
The Pivo 3 could revolutionise urban driving with its self-park technology. AFP
The Pivo 3 could revolutionise urban driving with its self-park technology. AFP

Nissan reveals car that can park itself, charge then pick you up


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Nissan's had a few electric concept cars over the last few years but none as advanced as the Pivo 3, which will be unveiled at the upcoming Tokyo Motor Show.

The Pivo 3 is pioneering not for its zero-emissions electric powertrain but the technology that means it can park on its own, charge itself and then be summoned by its driver via a smartphone to pick them up once they've finished what they're doing.

It may seem far-fetched but Nissan believes its Automated Valet Parking system will revolutionise parking. The Pivo 3 parks automatically in specially equipped car parks then charges itself or sells excess power to the regional grid.

Its compact size (under three metres in length) means it can make a U-turn in a road just four metres wide and, despite its size, it can seat three people in a 1 + 2 layout.

Inside is a wide centre console for displaying GPS and other information, while side-view monitors take the place of mirrors.

Nissan chiefs will now decide whether the car is suitable for production, though it's likely to be 2016 or 2017 at the earliest before we see it on the roads.

Plan to revive Brit marque

A motoring enthusiast is trying to revive British sports car company Atalanta Motors 75 years on from the last model.

Martyn Corfield aims to bring back "one of the most innovative and stylish pre-war British car manufacturers" with a concept set to be revealed in spring next year.

With more than just a gentle nod to Atalanta's heritage, he plans to emulate the style and spirit of one of the most technically advanced sports car designs of its era, while acknowledging 72 years of automotive evolution.

A traditionally coach-built pre-production prototype is being developed that remains true to original Atalanta design principles of "Innovation, Style and Performance". It will be unveiled in 2012 - 75 years after the first Atalanta car was announced, the Autocar on March 5, 1937.

"Atalanta is one of the greatest untold British motoring heritage stories. The cars and the team that delivered the original concept were so ahead of their time. What might have been had the war not interrupted development?" says Corfield.

Only two models were ever made by Atalanta and this could be a third.

Woman, 86, drives into pool

An 86-year-old woman went out to do some grocery shopping but ended up driving her car into a swimming pool.

Mary Lee Fine was anything but fine after driving her Dodge Neon through a fence and into the pool in Austin, Texas.

Security cameras caught the moment when the incident happened and Fine can be seen struggling to get out before a passer-by spots her. The man calmly takes his shoes and valuables off before wading in to help.

It turns out Fine is extremely lucky as a steel chair she knocked into the pool during the incident wedged itself underneath the back of the car in the pool, holding it up and buying enough time for her to escape.

"When the water came up I thought, oh hell, I'm going to drown,'" Fine told KXAN.

"I couldn't get out, nothing would work. I'm trying to figure out if I could dog paddle or something."

Fine says the incident happened after a car parked too close to her, forcing her to enter via the passenger door. She says she must have hit the gear stick as the car unexpectedly sped forward when she started it.

Although not injured, Fine says she'll take a taxi next time.

Volkswagen Group posts 14 per cent growth worldwide in 2011

Volkswagen Group has announced a growth in vehicle deliveries of 13.8 per cent to 6.8 million units for the year to October.

The German giant said its brands were performing well in North America as well as in its European heartlands.

The group includes brands such as Audi, Bentley, Lamborghini, Skoda and Seat, as well as Volkswagen itself.

"Developments so far have been very encouraging," says the Volkswagen Group board member for sales, Christian Klingler. "We made a good start to the fourth quarter, too. However, given the present economic uncertainty and its impact on the automotive industry, we cannot take the fourth quarter for granted.

"We will continue to keep a close eye on the situation over the coming months as developments on global markets remain volatile."

Deliveries rose 21.5 per cent to 543,000 units from January to October in North America and 10.7 per cent to 3.07m units in Europe.

Seat to have plug-in hybrid and all-electric cars on roads by 2016

Seat is planning to have its first electric plug-in hybrid in car showrooms by 2015 followed by an all-electric vehicle a year later.

The company is working on designing, developing and manufacturing the cars in its native Spain and has unveiled a prototype Altea XL Electric Ecomotive, a totally electrically driven zero-emissions car, as well as the prototype Leon TwinDrive Ecomotive, a plug-in hybrid.

The company will make available units of both models to government institutions in Catalonia and Madrid over the next few months so it can assess their roadworthiness.

"Customers demand a more sustainable form of mobility, but their needs are diverse," says Seat president James Muir. "So we believe that a parallel strategy of developing two different technologies will put Seat in the best position to meet their needs."

Seat will also launch four new models over the next 12 months, the first being the urban car Mii.

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FIXTURES

December 28
Stan Wawrinka v Pablo Carreno Busta, 5pm
Milos Raonic v Dominic Thiem, no earlier then 7pm

December 29 - semi-finals
Rafael Nadal v Stan Wawrinka / Pablo Carreno Busta, 5pm
Novak Djokovic v Milos Raonic / Dominic Thiem, no earlier then 7pm

December 30
3rd/4th place play-off, 5pm
Final, 7pm

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Pathaan
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Siddharth%20Anand%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Shah%20Rukh%20Khan%2C%20Deepika%20Padukone%2C%20John%20Abraham%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A

Torbal Rayeh Wa Jayeh
Starring: Ali El Ghoureir, Khalil El Roumeithy, Mostafa Abo Seria
Stars: 3

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if you go

The flights

Emirates offer flights to Buenos Aires from Dubai, via Rio De Janeiro from around Dh6,300. emirates.com

Seeing the games

Tangol sell experiences across South America and generally have good access to tickets for most of the big teams in Buenos Aires: Boca Juniors, River Plate, and Independiente. Prices from Dh550 and include pick up and drop off from your hotel in the city. tangol.com

 

Staying there

Tangol will pick up tourists from any hotel in Buenos Aires, but after the intensity of the game, the Faena makes for tranquil, upmarket accommodation. Doubles from Dh1,110. faena.com

 

How to avoid crypto fraud
  • Use unique usernames and passwords while enabling multi-factor authentication.
  • Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
  • Avoid suspicious social media ads promoting fraudulent schemes.
  • Only invest in crypto projects that you fully understand.
  • Critically assess whether a project’s promises or returns seem too good to be true.
  • Only use reputable platforms that have a track record of strong regulatory compliance.
  • Store funds in hardware wallets as opposed to online exchanges.
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The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet
COMPANY%20PROFILE
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Three tips from La Perle's performers

1 The kind of water athletes drink is important. Gwilym Hooson, a 28-year-old British performer who is currently recovering from knee surgery, found that out when the company was still in Studio City, training for 12 hours a day. “The physio team was like: ‘Why is everyone getting cramps?’ And then they realised we had to add salt and sugar to the water,” he says.

2 A little chocolate is a good thing. “It’s emergency energy,” says Craig Paul Smith, La Perle’s head coach and former Cirque du Soleil performer, gesturing to an almost-empty open box of mini chocolate bars on his desk backstage.

3 Take chances, says Young, who has worked all over the world, including most recently at Dragone’s show in China. “Every time we go out of our comfort zone, we learn a lot about ourselves,” she says.

Abu Dhabi Grand Slam Jiu-Jitsu World Tour Calendar 2018/19

July 29: OTA Gymnasium in Tokyo, Japan

Sep 22-23: LA Convention Centre in Los Angeles, US

Nov 16-18: Carioca Arena Centre in Rio de Janeiro, Brazil

Feb 7-9: Mubadala Arena in Abu Dhabi, UAE

Mar 9-10: Copper Box Arena in London, UK