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...
Fans of cars, and in particular luxury car lovers – today's news to you. One can choose the train to Times Square and spend the time smashed and uncomfortable among a massive crowd of strangers in the freezing cold. Or you could chose the best luxury car of the year, go for a ride and paint the town in red! The year 2015 has placed face to face two of the greatest titans in car industry: BMW and Lexus. The German company claimed most sales but this turns to be not enough. Recent data shows that Lexus might get the upper hand in this one, in fact, Lexus has turned up to b...
The world's top-selling automaker Toyota stops producing vehicles at all assembly lines across Japan for an entire week because of a parts shortage. The shutdown could tighten supplies of Toyota and Lexus vehicles sold in the U.S.The production suspension begins next Monday and runs through Feb. 13. It will cost Toyota 84,000 vehicles. About 14,000 of those would be exported to the U.S.According to the company, an explosion knocked out the essential furnace of the No.2 Bar Mill Shop of Aichi Steel’s waterfront Chita Plant in Aichi Prefecture, Japan. The plant is located halfway betwe...
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...
Volkswagen has named a new executive Hinrich J. Woebcken to supervise the North American region, assuming responsibility for all the activities of the VW brand. Mr. Woebcken will take up his duties in April. Mr. Woebcken previously served on the board of Munich-based auto supplier Knorr Bremse AG, and formerly worked at BMW AG for about 10 years, Volkswagen said.This change will allow the company to move forward with strategic reinforcement in the region with bundling development, procurement, production and sales activities in the USA, Mexico and Canada.Volkswagen brand has also reconfigured ...
