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...
As a punishment for pollution from Volkswagen's cars after the automaker cheated on diesel-emissions tests, a national remediation fund and a separate one for California is likely to be established. Volkswagen Group is now in talks with U.S. authorities on this matter.The national fund would be administered by the Environmental Protection Agency and used to promote clean transportation throughout the U.S. The other would be run by California to promote zero-emission vehicles in the state. Negotiations are continuing and many details are still being determined. Through a...
Nearly all U.S. vehicles will be equiped with automatic emergency braking systems by September 2022. Major automakers plan to announce they have agreed on this decision. Adding the technology could prevent thousands of crashes a year. The final agreement on this decision includes automakers representing more than 99 percent of U.S. light vehicle sales. Among those joining the deal are Toyota Motor Corp., General Motors, Ford Motor Co., Fiat Chrysler Automobiles, Honda Motor Co. and Volkswagen AG .Automatic emergency braking includes systems designed to prevent cra...
Volkswagen Group's representatives declared they are confident about the possibility to reach an agreement with U.S. regulators on a technical fix for diesel cars, vehicle buybacks and fines.For violating U.S. environmental laws, Vokswagen was sued by the U.S. Justice Department about five months ago. But there is still no fix for nearly 600,000 affected cars in the U.S. Though the U.S. authorities work to clear up the emissions scandal, VW is also progressing in its efforts to investigate the circumstances of the manipulations and will draw "the right conclusions&...
Oil prices will stay low for as long as 10 years as Chinese economic growth slows and the U.S. shale industry acts as a cap on any rally, according to the world’s largest independent oil-trading house."You have to believe that there is a possibility that you will not necessarily go back above $100, you know, ever," Ian Taylor, Chief Executive Officer of Vitol Group BV, told Bloomberg. His company is the world's largest independent oil trader. Instead of any significant increase or decrease, the exec believes crude could hit $45 to $50 a barrel in the latter half of 2016 and...
2017 Acura NSX, a car that starts at $156,000—went up for auction at Barrett-Jackson in Arizona on Friday night, and Hendrick’s bid of $1.2 million broke the record for highest-selling designated VIN No. 0001 in the auction’s history. The proceeds aren’t for profit, though—all of the money spent by the Hendrick Motorsports owner and Hendrick Automotive Group founder will be split between two charities.The hybrid all-wheel drive Acura NSX sports car is powered by a complex Sport Hybrid Power Unit powertrain. The rear axle is driven by a 500 hp/550 Nm 3.5 litre DOHC...
