Spring is here, and it's the perfect time to discover fresh feelings of adventure.If you are willing to explore your need for speed, then RepoKar is the right place for you! RepoKar is a fun, high-octane online Public Auto Auction where you'r...
General Motors donates $5 million to a nonprofit organization founded by the patriarch of its largest American rival. The donation was announced Tuesday by the GM’s head of global product development, purchasing and supply chain, as part of a new partnership between the automaker and Henry Ford, a National Historic Landmark in Dearborn, Mich., established by Ford Motor Co.. With the gift, GM will sponsor the museum's rotating exhibit that will now be known as the Gallery by General Motors. Reuss said the mission is to offer exhibits that help promote science, technology, e...
Rising commitment from major automakers, rapid battery cost declines, strong policy support from state and local governments, and low operational costs have put electric vehicles on track to pass gasoline-powered vehicles. EV sales in U.S. have grown to an average of 32% annually from 2012-2016 and 45% over the year ending June 2017. Considering these advantages, automakers and investors face several big questions: How fast can we expect EVs to increase market share in the United States? What penetration will they achieve, by when? How will these outcomes be affected by ...
We’ve been waiting for something to change dramatically the automotive industry, just like the iPhone did to the mobile industry 10 years ago, and that one thing that could make it all different is the electrification of cars. The rise of Tesla and its rivals could be boosted by complementary services from Uber and Alphabet's Waymo unit, just as the iPhone rode the app economy and fast mobile internet to decimate mobile phone giants like Nokia. The culmination of these technologies — autonomous electric cars available on demand — could transform how people travel and...
Honda Motor Co is supporting the increased production of its revamped 2018 Accord sedan model at its plant in Ohio, by investing $267million and adding 300 new jobs. Honda unveiled the newest-generation Accord in July, one of four re-engineered midsize sedans that Asian automakers are betting on to win market share as Detroit rivals shift focus to SUVs, crossovers and pickup trucks. The new Accord, like rival Toyota Motor Corp's all-new Camry, offers more horsepower, safety technology like standard collision-avoiding braking and better fuel economy although Honda did not release...
Audi of America reported an August sales increase of 2.8 percent to 19,811 deliveries. The Q7 and the new Q5 and A5 Sportback helped drive consumer demand. August was the 80th consecutive record sales month for Audi of America. The previous August record was set last year with 19,264 deliveries. Through August, Audi has now sold 141,606 vehicles in the U.S. this year. Deliveries of the new Q5 rose to 4,767 and have now risen 11 percent for the year. Q7 sales rose 35 percent over last August to 3,174 and have risen 20 percent year-to-date. Through August, Audi SUV sales have risen 12...
