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 automotive industry got used to the fact that Tesla Motors Inc. has gone toe-to-toe with franchised dealers in America's statehouses over the issue of selling electric cars directly to customers. For automakers like GM, that sell more cars in the U.S. in a given week than Tesla sells worldwide in an entire year, Tesla is hardly a threat. Still, GM reacted to Tesla's new sales rules introduced in Indiana last week.Indiana law currently allows Tesla to sell cars straight to customers through factory-owned showrooms. GM believes that all industry participants shoul...
Lotus is known for being the ultimate in lightweight chassis construction, chassis dynamics, and steering feel. We all love its special edition of Evora Sport 410 and now they promised to cross the pond for sale in North America.The “410” refers to the power output of the Toyota-sourced, 3.5-liter supercharged V-6, an increase of 10 horsepower over the Evora 400. The number also denotes the engine’s torque figure—at least in newton-meters—which translates to 302 lb-ft in freedom units, the same as in the 400. Once again, a six-speed manual or a six-speed automatic...
Takata Corp., Japanese manufacturer seeks buyers for its Irvin Automotive Products unit. They want to assume the responsabilities of those 10 deaths and more than 100 injuries, and to shore up the company’s balance. They plan to sell their automotive interiors division to raise money for paying for the cost of recalling about 50 million vehicles due to exploding air bags. Takata is working with Japanese bank SMBC Nikko Securities Inc. and U.S. bank Moelis & Co. on the potential sale. It isn’t clear whether Takata is seeking strategic or financial buyers for the busin...
Falling gasoline prices are hitting the residual values of used hybrids and electrics. For example the Nissan Leaf cars were sold just over 90,000 copies in the US. That means a lot of them are now on the used market. So many, in fact, that you can find them for crazy low prices all over the country.Electric vehicles are increasingly becoming popular with rising awareness about climate change and improving EV technology. These alternatively fueled vehicles not only fight pollution and emit less greenhouse gas emissions, but are starting to get competitive with fossil fuel-based vehicles due to...
Hyundai Motor America plans stock Hyundai dealers with the models people want to buy. First they want a factory to build Santa Fe Sport models alongside the Elantra and Sonata. Second, they will bring new models.Hyundai said that the upcoming Elantra Sport model will be the “most dynamic model” ever and that it will be the most powerful production Elantra yet. The last generation Elantra Sport used a 2.0-liter four-cylinder engine that made 173 horsepower, so expect the new model to make more power than that.While Hyundai could use an updated version of the 2.0-liter four-cylinder ...