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...
Volkswagen Group top executives, starting with Chairman Hans Dieter Poetsch, will have their 2015 bonus payments significantly cut as the automaker has a difficult period and counts the multi-billion-euro costs of its emissions-rigging scandal. VW said the supervisory board and management agree that the company needs to send a signal on top management pay. Variable pay will have to be reduced and in this sense the management board, for example, has already accepted cuts of at least 30 percent in bonus payments. VW's supervisory board will decide on the bo...
One of the country’s largest private dealership groups may have been created after Holman Automotive Group Inc. acquired Kuni Automotive. This new group will have 33 dealerships in eight states and will have a projected annual revenue of about $3 billion.Holman, of Maple Shade, N.J., has dealerships in its home state, Pennsylvania and Florida. Kuni, of Vancouver, Wash., has stores in its home state, Oregon, California, Colorado and Kansas. Most of the new dealerships will be situated along the East Coast and West Coast. Holman is one of the most notable...
The Insurance Institute for Highway Safety lead a study of the U.S. cars headlights to check their conformity to the official standards. According to the results of this study headlights on a third of U.S. midsize car models do a poor job, and only one, the Toyota Prius V, performed well enough with an optional upgrade to earn a good rating from the IIHS.Better headlights could reduce U.S. accident deaths and improve safety. Within the ratings of vehicle headlights, the insurance group tested midsize cars to see how well they illuminate the road and whether they create excessive glare for...
Several Illinois dealerships have recently filed a civil racketeering lawsuit alleging FCA paid dealers to improperly inflate sales. Fiat Chrysler reacted saying that the allegations are “baseless” and represent an attempt to “publicly smear” the automaker.FCA used a legal salvo for the first time since dealerships owned by the Napleton Automotive Group filed a suit on Jan. 12. FCA seeks to have the Napleton dealerships’ suit dismissed entirely, saying it is “replete with conclusory allegations, substitutes vitriol for plausibil...
Remembering the tragedy history: A fire destroyed nine of the cars, and the company never picked up where it left off after the mess was cleaned up. Hence Jaguar enthusiast, and the company itself, keenly felt the absence of the "lost" cars.Jaguar has announced that it will build nine new examples of its famed XKSS sports car produced in 1957, each costing in excess of $1.4 million. The very limited-run units won’t be available for widespread sale as they’re being built specifically for a select group of collectors and customers.Tim Hannig, boss of Jaguar Land Rover Class...
