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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...

  • VW will buy back 500,000 of its diesel cars sold in the U.S. since 2009
    20 Apr 2016

    Volkswagen's efforts to solve the emissions scandal and to overcome its consequences came to a buy-back offer of almost 500,000 diesel cars that used sophisticated software to evade U.S. emissions rules. Volkswagen AG and U.S. officials have reached a framework deal under which the automaker would offer to buy back 2.0-liter diesel vehicles sold in the U.S. that exceeded legally allowable emission levels.The cars concerned by this offer will include versions of the Jetta sedan, the Golf compact and the Audi A3 sold since 2009. At the same time it does not apply to ...

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  • The first non-American GM’s global design chief will soon begin his new job
    18 Apr 2016

    General Motors announced it has a new vice president of design. This job with global responsibilitywill be done by the Australian Mike Simcoe, 58, stationed overseas for much of his 33 years with GM. Simcoe is the first non-American to assume the mantle as GM’s global design chief.Simcoe brought a contribution to the design of many of the brand's models and has had a hand in shaping many vehicles familiar in North America. His portfolio is filled with such models as Holden SSX concept, Buick Sceptre concept, Holden Ute, Hold...

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  • Used Car Leasing  - a solution to boost auto sales
    17 Apr 2016

    Leasing has surged as a share of new-vehicle transactions to impressive indexes in the fourth quarter of 2015, this being caused mainly by captive finance companies seeking to boost sales by keeping customers' monthly payments low. Leasing has been fairly rare in the used-vehicle market, but its share is growing. In such a way more and more lenders are offering leases on used and certified preowned vehicles.This strategy is meant to cope with an industrywide flood of 3.1 million off-lease vehicles returning to the market this year. The number of off-lease vehi...

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  • New mergers to consolidate the auto industry
    14 Apr 2016

    Company mergers in the modern automotive industry has become a common practice. More and more specialists declare that the auto industry should consolidate further to cope with rising development costs. As thus, Fiat Chrysler Automobiles Chairman John Elkann renewed a push to merge the company with one of the auto industry’s “big guys”, saying savings could top $10 billion a year.Even with developments like car sharing and self-driving vehicles, Fiat Chrysler’s major competitors should consider the potential benefits of a merger because the bulk of their ...

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  • Toyota recalling 60,000 Avalon and Camry for air bag defect
    13 Apr 2016

    Almost 60.000 Toyota Avalon and Camry sedans from the 2016 model were recalled by Toyota Motor Sales, USA. Almost all of them were sold in the U.S., only about 1,500 were sold in Canada and Mexico. Toyota Corp. says that these cars have a system that activates or deactivates the front passenger air bags depending on the weight of the passenger. In some of the affected vehicles the system was improperly calibrated, so the front passenger air bags and knee air bags may not deploy.The company affirmed that it's still unclear how many times the condition has occurred or whether it has bee...

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