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...
While smart cars are a 21st century thing, the convenience has a darker side. Researchers have shown that it takes a tool as cheap as $40 to bypass the “keyless system” in tens of millions of Volkswagen cars, including Audis and SEATs.Four European researchers say hackers can easily eavesdrop on the signal which is sent every time a driver presses their key fob to lock or unlock a car. All the thieves need is a cheap technical device and to be somewhere within 100 meters of a vehicle. Flavio Garcia and his team at the University of Birmingham reverse-engineered an undisclosed compo...
Hillary Clinton has made a distinction between her and Donald Trump, her rival for the U.S. president post. She has painted herself as the person who fights for income fairness and middle-class workers. The Democratic lady told to the crowd of 500 people at the Futuristic Tool and Engineering event that she plans to invest in infrastructure, offer new tax credits, encourage corporate profit-sharing and paid apprenticeships. She promised she will do wherever it takes to bring the U.S. auto companies back, which are investing outside of the country in order to avoid the huge taxes, by...
The total value of automotive supplier deals in 2015 and 2016 was $74.4 billion, according to data compiled by Bloomberg, with each of those years far exceeding the $17.7 billion annual average in the previous 10 years. The driving force behind the wave of consolidation is the pressure to keep up with the shift toward autonomous driving that started about five years ago. Suppliers need the know-how to help cars see their environment much as a human pilot would, which means sensors, cameras and radar, plus the computing power to comprehend the waves of data and share some of it, like traff...
It seems like the energy independence is getting stronger in the US car market. The leading company that has brought this modernization into the country is Tesla Motors. There are of course and other companies which had positive impact on the hybrid-cars sales like Chevrolet. This July can be called a memorable month for green cars thanks to the 48% surge, mostly on Tesla vehicles, but we need to not forget also about Chevy Volt, BMW i3, Ford Fusion Energi and Chevy Spark EV. Other EV models have also felt a powerful sales growth, but even so their volumes are smaller than the ...
One of the main questions surrounding Tesla is its ability to ramp up production to satisfy the almost 400,000 existing Model 3 orders, and the hundreds of thousands of orders that are supposed to follow. Past isn’t necessarily indicative of the future, but on Tesla’s earnings call just now things didn’t sound all roses. The company ended up losing $293 million last quarter on a GAAP (Generally Accepted Accounting Principles) basis, and $150 million on a non-GAAP basis, which takes into account things like leases that GAAP generally doesn’t adjust for. ...
