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...
Takata Corp. handled their air bag crisis is the very reason why they lost one of their biggest investors, Sawakami Asset Management. He was one of the automotive supplier, 12th largest shareholder, but the firm lost faith in Takata after the management refused to explain what was happening during the crisis. “We could not help feeling the management is not trustworthy,” fund manager Takahiro Kusakari said in an interview from his office in Tokyo. “We felt Takata had a ‘we are needed and our products are needed, so the business will come back and the situation won&...
Nokia completed the sale of its navigation business HERE with German car makers BMW, Audi and Mercedes.The German vehicle companies have bought the navigation specialist as part of their push towards fully autonomous driving; Nokia's spin-off is a key element which gives them access for building the technologies and digital frameworks that will enable connected and autonomous cars to become a real-world reality.The ownership of Here will be shared equally between BMW, Audi and Mercedes.Nokia said its net proceeds from the deal would be around US $3 billion, in line with its original estima...
The first BMW’s i8 Spyder concept was seen at the Beijing Auto Show in 2012. The german newspaper "Handelsblatt" reported that the automaker, BMW CEO Harald Krüger, confirmed the arrival of i8 Spyder production. Changes between the concept and production versions are expected to be kept to a minimum, while the doors and side sills will be moved into line with those featured on the i8 coupe, the stylish rear buttress design will probably have to be redesigned to fit an actual roof mechanism, other elements should remain close to the concept. Around the same time,...
After 40 years the BMW 3-series is again on wheelsIn 1975, BMW introduced the 3 series, a sporty sedan with breathtaking aesthetics and an enthralling four-cylinder petrol engine that became synonymous with the brand's performance image.Today, the new BMW 3 Series effortlessly surpasses the benchmarks set by its predecessors thanks to that same uncompromising spirit. Its flowing lines, sporty DNA and wealth of cutting-edge technology deliver more thrills than ever and set the stage for another 40 years of driving exhilaration.In many ways, the 3 series is BMW, the brand with the enviable m...
Volkswagen Group management reduces the range of possible car model versions and their sets to make up the losses from the emission scandal. This way the German manufacturer hopes to save 1.9 billion euros.The top manager of Volkswagen, Bernd Osterloh, said that this decision, reduce labor costs and complexity, was taken for a long time. Osterloh said reducing the variety of car models and options could enable Volkswagen to "take out costs there on a large scale" without forcing the company to cut jobs, Bloomberg reported. VW has one major U.S. factory, located in Chattanooga, Tenn.V...
