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...
This Tuesday General Motors has asked the supreme Court to overturn an appellate court's ruling that the automaker's 2009 bankruptcy does not shield it from lawsuits over a faulty ignition switch linked to at least 124 deaths and 274 injuries. Whether you like it or not, the petition market a last-ditch effort by GM to block hundreds of customer lawsuits over faulty ignition switches, and other vehicles components, on grounds that they were barred by the automaker's 2009 bankruptcy sale to a new corporate entity. In its petition, GM said the federal bankruptcy code permi...
Donald Trump tangled with the auto industry during the presidential campaign, decrying in particular Ford's plan to relocate small-car production to Mexico. Ultimately, Trump's tweet shaming was sound and fury, signifying nothing. US automakers have been building cars in Mexico and Canada for decades, long before borderless free-trade and NAFTA became major campaign issues. UBS auto analyst Colin Langan published a research note this week in which he assessed the impact of Congress' corporate tax reform plan — primarily a tax cut and a deal to repatriate offshore c...
Global car sales have a big chance to set another record year. This extends gains to a seventh consecutive annual record and surpasses the previous upcycle which lasted six years. Purchases will be buoyed by improving labour markets at the fastest pace since early 2007 and a bottoming in purchases across emerging markets. Economic growth in developing countries is expected to pick up for the first time since 2010, helping reverse last year's slide in car sales which was driven by sharp contractions in both Russia and Brazil. Low gasoline prices, improving household balance sheet...
A U.S. judge in New Jersey on Tuesday threw out a proposed class action lawsuit alleging that Mercedes misled consumers about emissions standards in "BlueTec Clean Diesel" vehicles. Plaintiffs claimed Mercedes falsely advertised the BlueTec vehicles as having lower emissions. They said that they later found that the emissions were higher than U.S. standards permitted. The judge said the plaintiffs failed to show they actually viewed any of Mercedes' advertisements touting the cleaner technology. He gave them leave to revise their complaint. Automakers that market diese...
Tata Motors' Jaguar Land Rover November 2016 US sales included a 217% year on year rise in Jaguar volume to 3,381 units. Land Rover sales reached 5,659 units, the second highest November on record but down 13% from the record 6,539 units in November 2015. Sales for both brands rose 19% to 9,040 units, a JLR US market record for the month. Year-to-date JLR US sales rose 23% to 92,531. Joe Eberhardt, president and CEO, Jaguar Land Rover, North America, said that the company is proud to report a 19% unit sales increase for Jaguar Land Rover for the month, and a 23% increa...
