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...
We guess that there is no person who has not heard about the VW diesel-emissions scandal. The company, which owns 70 percent of the U.S. passenger-car diesel market, is in major trouble for cheating on diesel-emissions tests. However, this scandal did not prevent the company to take the leading position in its sales for the first half of the year. The analyzed figures show that Volkswagen Group sold over 5 million cars and light trucks worldwide and more than any other automaker in the first half of 2016. According to the Center for Automotive Management, the carmaker sold up 0.8 p...
There was nothing casual for Nissan choosing Dallas as the place to present the new 2017 Pathfinder crossover this month. Nissan North America Chairman Jose Munoz explains that Texas is very important to them, it is the second-largest market, after Ca. “We have thousands of employees and their families here. It's important that we continue to do well here. We want to make people aware that we are here and will continue to see good growth in Texas."---Said Munez. But Toyota seems as a big rock in Nissan’s growth strategy in Texas, and especially in the Dallas...
Tesla Motors said that a new proposal to let the company sell its electric cars at a sleek Salt Lake City showroom puts unfair limits on their business and they're taking the fight to court. Tesla is asking the Utah Supreme Court to reverse a state decision blocking it from selling new cars at its $3 million showroom in Salt Lake City. Tesla claims it can't sell through traditional dealers. The thing is that its business model depends on convincing customers to choose the company's technology over a traditional car. This would be a conflict for dealers who also sell trad...
The American worldwide supplier of powertrain components, Dana Holding Corporation, ranks No. 39 on the list of the top 100 global part suppliers. The company works to develop the most innovative technologies. Yesterday it reported a 10 percent decline in second-quarter net income to $53 million on lower sales in its commercial vehicle and off-highway driveline units. The Maumee, Ohio-based powertrain supplier reported sales of $1.55 billion. This is a 4 percent decrease from the second quarter of 2015. The number of sales dropped as reduced demand in the commercial vehicle and off-...
We've come to realize that the new GM strategy was a great one and we've got the proof. The idea of focusing on retail sales in North America got a win-win in the second quarter, with net income more than doubling from the year-earlier quarter. The company has reported an income of $2.87 billion in the second quarter, which is up from $1.12 in the second quarter of 2015. General Motors' CEO told to the media that it's been an outstanding quarter for GM, and they'll continue to focus on driving profitable growth and leveraging their technical expertise to lead in the future ...
