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...
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...
The world’s largest automaker Toyota would buy out the rest of minivehicle unit Daihatsu - an all-stock deal worth about $3 billion and part of its strategy to strengthen its push into compact cars for emerging markets.Toyota acquired a controlling interest of 51 percent in Daihatsu in 1988. But now it is raising its stake to 100 percent by a reciprocal share-swap agreement that will see Daihatsu's other shareholders take 0.27 shares in the larger company for each share in the smaller.This move will help to improve Daihatsu small cars by having a unified strategy in the sengment, alt...
Millions of Americans are battling with the elements on Saturday as Jonas brought hurricane-force winds and feet of snow to ten states.About 150,000 North Carolina homes and businesses are shuddering in the cold after ice and strong winds caused power outages. The State Highway Patrol warned motorists on Saturday to stay off roads that were coated with invisible sheets of ice. Troopers had responded to more than 2,000 crashes since icy conditions moved in on Wednesday.Storm Jonas had left the East Coast covered with a think blanket of snow on Saturday as it hovers over the East Coast of t...
BMW held on in December to top the U.S. luxury segment in 2015 for its fourth luxury-sales crown in five years.BMW won the U.S. luxury-auto sales crown even with a 17 percent drop in December deliveries, ahead of Lexus and Mercedes-Benz.BMW finished 2015 with luxury sales of 346,023 vehicles, followed by Lexus with 344,601 and Mercedes with 343,088. All three brands set annual sales records last year.The results exclude BMW’s MINI models and Daimler’s work trucks and Smart cars, which aren’t luxury vehicles.The German automakers have held the top spot in U.S. luxury sales sin...
General Motors plans to invest $1 billion in three Michigan plants by 2030 as part of a new deal between the automaker and the Michigan Economic Growth Authority tax credit program.GM said it would be putting $356 million in operations in Flint, Saginaw and Grand Rapids, creating more than 50 jobs and helping to retain nearly 500 jobs in the state.The new investments according to GM will be:- $263 million for a future engine program at Flint Engine Operations. The investment retains 410 jobs at the plant.- $50 million for driveline components at Saginaw Metal Casting Operations. The investment...
