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...
Company mergers in the modern automotive industry has become a common practice. More and more specialists declare that the auto industry should consolidate further to cope with rising development costs. As thus, Fiat Chrysler Automobiles Chairman John Elkann renewed a push to merge the company with one of the auto industry’s “big guys”, saying savings could top $10 billion a year.Even with developments like car sharing and self-driving vehicles, Fiat Chrysler’s major competitors should consider the potential benefits of a merger because the bulk of their ...
Hyperloop Technologies is a United States company formed to explore Elon Musk's Hyperloop concept. A Hyperloop is a high speed, intercity transportation system which uses passenger and cargo capsules inside a reduced air-pressure tube system that would reach a top speed of 800 miles per hour (1,300 km/h) with a yearly capacity of 15 million passengers. Musk envisioned it as an alternative to the California High-Speed Rail project. At this moment Tesla CEO, Elon Musk, is looking to triple its number of engineers by the end of next year and possibly start service by the end of the decad...
Almost 60.000 Toyota Avalon and Camry sedans from the 2016 model were recalled by Toyota Motor Sales, USA. Almost all of them were sold in the U.S., only about 1,500 were sold in Canada and Mexico. Toyota Corp. says that these cars have a system that activates or deactivates the front passenger air bags depending on the weight of the passenger. In some of the affected vehicles the system was improperly calibrated, so the front passenger air bags and knee air bags may not deploy.The company affirmed that it's still unclear how many times the condition has occurred or whether it has bee...
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...
Tesla Motors announced it faces a shortage of U.S. tax credits for the Model 3, its first mass-market electric vehicle. It was said that, in the first week of orders, 325,000 people had placed refundable $1,000 deposits on the Model 3, a sedan starting at $35,000 with a range of 215 miles and up.As the company has struggled in the past to deliver products on time, some say that the announced crisis is an apparent one, seeing in this announcement a clever production strategy to squeeze more money out of the program for its buyers. Because of a limit on the number of Tesla cu...
