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...
The U.S. auto boom that fueled record sales and profits is winding down. General Motors CEO Mary Barra claims that the auto industry is changing more today than it has in the past 50 years. It's true that the U.S. auto sector had a close call during the 2008 financial crisis, when both GM and Chrysler needed federal bailouts to survive bankruptcy. But that was a pretty straightforward crisis, caused by excess labor costs and a plunge in auto sales due to a wrecked economy. The challenge today is posed by electric and self-driving cars, and it is far more fundamental. Automakers ...
May be we have been living in the auto industry bubble, but it's time to look at things from a fresh perspective amid some worrying rounds of new data. The cars are getting way more expensive in light of the increased horsepower and amenities. Unsurprisingly, this rising level of auto luxury has come alongside a surge in the stock market that has buyers willingly plunking down their credit card or some cold hard cash to get a new toy. The same thing could be applied to non-luxury cars, say mid-size sedans from Ford, Toyota and General Motors. They are receiving hosts of new fea...
Apple is facing a lawsuit in California for declining to deploy technology that could prevent iPhone users from texting while driving. The complaint claims that Apple has had the ability to block texting capabilities while someone is driving since 2008, and seeks to halt all sales of the iPhone until the tech giant installs the preventative software. The plaintiff, Julio Ceja, was injured in a car accident by another driver who was using her iPhone. The proposed class action seeks to represent all California residents. The lawsuit isn’t the first time Apple has faced legal tro...
If you like to shop on cars then this year is the perfect one for you. Low interest rates and lots of high-tech choices in the market this year might open the doors to huge car discounts. It's a good time to buy a car now, and it should be for the rest of the year. New-vehicle sales hit a record of 17.55 million in the U.S. last year. While they're not expected to top that this year, demand is still strong. Many of the factors that fueled sales last year are still in place, like solid consumer confidence and low gas prices. New technology like Apple CarPlay and automati...
It's been only a month since we've heard that Apple is in talks with McLaren, the company planned on buying the carmaker, at least that's what the rumors were saying. A McLaren spokesperson flatly denied the rumor at the time, but it turns out that perhaps the truth of the matter is a little more complex than that denial encompassed. In an interview with Reuters, McLaren's acting CEO Mike Flewitt confirmed that there were talks with Apple, but that they never reached the stage where Apple made a bid. He said that Apple never offered a bid, they made a visit, the...
