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...
Many of us already know about Nissan trying to press for more U.S. growth. It's been revealed that the automaker is also alienating some of its parts suppliers. A newly released annual survey shows Nissan sank into a virtual last-place tie with Fiat Chrysler Automobiles. On the other side General Motors, improved significantly after Steve Kiefer got some great grades for his first year on the purchasing job after running GM Powertrain.The ratings that result from the questionnaire proposed by a Detroit-area consulting firm- Planning Perspectives Inc., come as Nissan and FCA need...
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...
It's big vehicles time: crossovers, pickups, vans and SUVs ran car sales off U.S. roads in April. Roomy and fuel-efficient trucks accounted for 59.3 percent of light vehicles sold last month. If taking into consideration that last April, trucks represented 55.2 percent of the market, we may say that this year the highest level of truck sales ever for the month has been reached.Every car segment lost market share, from midsize and compact to sporty and alternative power. Every truck segment - volume and premium crossovers, pickup, van and SUV - gained market sh...
It was reported that 164.063 Mercedes vehicles were sold this April worldwide, which is more than last year's April for approximately 11%. The first four months of the year sold around 650.000 units, which is definitely a good record for the company.This April is considered to be the 38th consecutive record month for Mercedes-Benz sales. The company sales grew up to 11% thanks to strong delivers in Europe and China, which helped offset flat demand in the U.S.Ola Kaellenius, the sales chief of Mercedes sales said the company had a good start to the second quarter because...
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 ...