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...
After Ferrari got off from Fiat Chrysler Company it sells its shares. The whole Ferrari is estimated of about $ 10 billion. Yesterday, the company Ferrari IPO began to sell its shares through the New York Stock Exchange. The shares have been very popular, and in the first day the price immediately rose with 17%. This is a step of the separation Ferrari from Fiat Chrysler Automobiles (FCA), which owned a 90% stake of Ferrari. Now the shares are distributed among a large number of investors, and the Fiat will no longer be a direct owner.At the moment, for trading were exposed only 10% of th...
The famous magazine Consumer Reports recalls its recommendation for the purchase of Tesla model.Consumer Reports released an article which is dedicated to the most reliable cars in the world.This publication noted that, despite the excellent dynamics and safety, electric Tesla Model S is not so reliable. In the interview participated about 1400 owners of such models saying that the level of reliability of Tesla electric vehicle is very low.The most often, the owners of Tesla hybrid car complain about the transmission operation, charging system, door locks, and panoramic roof, also the large to...
Chen Ying Chi, 27 years, has already managed to become a star of the Chinese automotive magazines. Despite the fact that he is studying at the agricultural university, he can not imagine his future without cars, and now is the author of an interesting project - electric sports car with the unpronounceable name Hainan Xiaohuohua, which means "young flower of Hainan."The design is associated with the work of the famous Italian bodywork studio - Bertone and Pininfarina, however, according to Chen Inhi, he did not take that idea as a basis one, but has also developed his own imagination....
The Apple Car might hit the road a lot sooner than some experts predicted, according to a new report that claims the iPhone-maker plans to rev up hiring on its secret electric car project in hopes of getting the vehicle finalized by 2019.The company Apple met with officials at California’s Department of Motor Vehicles to discuss the testing of self-driving Apple Car on public roads.If Apple applies for the necessary road permits, it will have to reveal the make, model and vehicle identification number of the cars it plans to test — as well as sharing details about the automobiles...
According to Reuters News Agency Ford Motor Company has released plans on a strong investment of $1.8 Billion (11.4 Billion Yuan) spread over a period of five years to expand R&D in China. This news confirms the direct and concerted effort made by the US Motor giant carmaker in order to secure for itself a rather large slice of the world’s largest auto market, still untapped by some major players. Ford now stands as the fifth-largest foreign automaker in China. It follows GM, Volkswagen AG, Hyundai, and Nissan. However, Ford has had a rapidly ascending ga...