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...
Fiat Chrysler Automobiles got an offer from a well-known Chinese automaker to buy it, but at a small premium over its market value. Of course the offer was rejected because of the price offered, but what’s more important here is that the Chinese powers started to show interest in Fiat. Meanwhile, other sources independently identified executives from other large Chinese automakers conducting their own due diligence on a potential purchase of FCA, including meeting last week with representatives of U.S. retail groups about a potential acquisition. A source said FCA executives h...
Guess who’s gonna sell its electric battery business to GSR Capital? Yes, it’s Nissan. In its statement Nissan revealed that the business which GSR will buy includes battery operations in Japan, England and of course U.S.. The sale covers Nissan's battery manufacturing operations in Smyrna, Tennessee, owned by Nissan North America; in Sunderland, England, owned by Nissan Motor Manufacturing UK; and part of Nissan's Japanese battery development and production engineering operations in Oppama, Atsugi and Zama. Nissan will first take full control of its battery subsidiary...
Genesis has amazing plans for this month, first of all it will announce a new retail strategy for the U.S., it will accelerate the separation of the automaker from the Hyundai marque, and of course will cut the number of dealerships to sell Genesis models. The transition, which was supposed to be several years off, likely will be messy and costly for Hyundai and the culled Genesis dealers. It comes less than two years after Hyundai announced the creation of the Genesis brand, barely a year after it officially put the G80 and G90 sedans on sale and just ahead of the launch of a critical ne...
When two automakers with lots of potential make an alliance there is no wonder that their sales get global. That’s exactly what happened after Japanese automaker Nissan Motor Co. and Renault SA of France got together. The automakers claimed the top rank for the first time, by beating perennial top-sellers Volkswagen, Toyota and General Motors. The Nissan-Renault alliance, which has included Mitsubishi Motors Corp. it acquired the Japanese automaker last year, sold 5,268,079 vehicles around the world in January-June. That was more than Volkswagen AG at 5,155,600, and Japan...
If you love Porsche cars, you'll be glad to find out that Porsche is again the most attractive car brand for drivers in the USA. For the 13th time in succession, the sports car manufacturer has finished top of the overall rankings. The Porsche 911, Cayenne and Macan models also took the top positions in their categories. More than 69,000 new car owners took part in the survey, assessing 243 models from 33 car manufacturers in 10 categories. Oliver Blume, President and CEO of Porsche AG, says that the aim of the company’s actions is to have thrilled customers. The results o...
