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...
Recent news about U.S. car recalls because of technical problems with Takata airbags have to be completed with new details from Toyota Motor Corp. that is recalling almost 1.6 million additional vehicles for front passenger side Takata airbag inflators that could rupture.Faulty Takata inflators have been linked to more than 100 injuries and 13 deaths worldwide. Toyota said the new recall includes some but not all Corolla, Matrix, Yaris, 4Runner, Sienna, Scion xB, Lexus ES, GX and IS vehicles built between 2006 and 2011. This report will be folowed by data from other 17 auto...
Ford Motor Company does business in a vast number of markets across the globe, no wonder it's quite interesting and not so easy to follow the up and down momentum of Ford's sales in its three most important markets: China, Europe and, of course, the United States.On Friday Ford announced its total sales in Europe rose 4.7% during April as Europe's automotive market continues to expand. The last month was an especially solid period for commercial vehicles, SUVs, performance cars, and higher priced trims. Commercial vehicles continues to be a strength for For...
In order to take a controlling 34% stake in Mitsubishi Motors, YOKOHAMA, Japan-Nissan Motor Co. is ready to invest 237 billion yen which is about $2.2 billion.This purchase is meant to transform Nissan into the single-largest shareholder of Mitsubishi. By May 25 the agreement between the companies will be signed and four directors to Mitsubishi Motors' board will be named by Nissan. Rumors say that even the chairman of Mitsubishi Motors might be Nissan's director. The deal must be completed within a year or it will be invalid. Looks like Nissan decided to save Mitsubis...
Car and truck sales spring growth was a bit slower then expected this April. Since 2010 it was the luxury segment, which has led the sales growth. This year the indexes are quite ambiguous in this market section. Of the top-five luxury premium brands, only Audi is up so far for the first four months of 2016. Third-place BMW is down by 9.4 percent, and that doesn’t include the premium Mini brand’s 14.3 percent decline.At the same time American Honda and Nissan group registered the most significant sales growth in this period, which were of 14.4 percent and ...
Japanese airbag manufacturer Takata Corp. is expected to additionally recall around 40 million additional inflators in U.S. vehicles. The expanded recall will be phased in over several years and more than double what is already the largest and most complex auto safety recall in U.S. history. After the National Highway Traffic Safety Administration reviewed findings from three outside investigations concerning the defective airbag inflators, Takata had to work on a plan for the expanded callback. The inflators contain propellant that can deploy with too much f...
