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&...
According to calculations based on actual monthly sales reported by the manufacturers, the first reports of November auto sales are in.Statistics show that Hyundai, Nissan and Toyota set the pace in November. Gains among major players fell within a narrow range of 0.3 percent at Ford Motor Co. to 3.8 percent at Nissan Motor Co. Hyundai’s 12 percent increase stood out in percentage terms. Hyundai generated sales of 60,007 vehicles, up 12 percent, for its best-ever November. Only American Honda and Volkswagen Group posted a decline in volume. Overall U.S. sales, wi...
Video Toyota, to which the company raised the main characters of the movie "Back to the Future" to promote its hydrogen hybrid car Toyota Mirai, took the 7th place in top 10 the most popular advertisements on YouTube. It accumulates 4,661,500 views.First, Michael J. Fox and Christopher Lloyd are discussing which of the predictions have come true in reality and then they get acquainted with the car brand that can use trash for fuel.
German manufacturer Volkswagen has presented its financial results for the third quarter. This is for the first time when one of the largest automaker in the world after the "diesel scandal" has declared its financial report.The operating loss of Volkswagen in the third quarter amounted to 3.48 billion euros against a profit of 3.23 billion euros in the same period last year. The index exceeded the forecasts of analysts, who had expected that it will be 3.3 billion euros. The loss was the result of "diesel scandal", causing the concern to put aside 6.7 billion eur...
As we know, in September 2015 new cars sales rose at a rate of 4.4% from a year earlier. In August it has 11.87% jump. For January till June, sales growth was 8.0% from the same period of 2014, according to the latest monthly Colorado Auto Outlook report from market. Despite the slowdown in the growth rate, Tim Jackson, the dealer association's president, noted that "as we head into the final quarter of the year, new car and light truck registrations continue to trend in positive territory" from a year earlier.The most popular new brands in Colorado last month were Toyota/Sc...
