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...
Volkswagen sold fewer vehicles in October, but still more than anybody else in Europe.The VW statistics:Seat car sales declined 11.2%Skoda car sales declined 2.9%Volkswagen lost 0.8%Audi cars sales grew with 3.5%Porsche sales grew with 13.3%The German automaker's sales volume dropped with 0.8% in October and now makes up 25.2% of all cars sold on the continent. Before the scandal broke, that figure stood at 26.1 per cent.Across all brands, 1.14 million vehicles were sold in Europe in October. That's an increase of 2.7% from September's level.German luxury carmakers BMW and Daimler ...
A Canadian law company proposed a class action lawsuit stemming from Volkswagen's admission that it had cheated emissions tests for some of its diesel-powered cars.An investigation, which were taking place in Germany on Tuesday, has some elements that will involve also some of the Volkswagen's gas-powered vehicle products into this lawsuit. "Our firm is presently investigating the extent to which Canadian owners of Volkswagen gasoline-powered vehicles will be affected by the information derived from the ongoing investigation," said lawyer Myron Shulgan, when speaking wit...
The German manufacturer hopes to get from banks 20 billion euros. Volkswagen talks with several banks for a bridge loan in amount of 20 billion euros. The funds will be used to create so-called "financial cushion". As explained the insiders, Volkswagen has no problem with finances. However, with the help of a bridge loan the company wants to solve two problems. Firstly, to have new equipment thet can be used as a reserve. Secondly, to improve the image - to show that Volkswagen has the ability to pay, despite of the scandal with diesel engines.According to anonymous sources...
Volkswagen is ready to pay compensation to the owners of diesel cars. Volkswagen is ready to voluntarily pay $1,000 to each owner of a diesel vehicle, which has an engine 2.0 TDI. Half of this amount is permitted to spend for personal needs, while the remaining $500 can be spent only in Volkswagen dealerships. In addition, the company guarantees the drivers to have free technical assistance for three years. Around 482 million Americans will receive the compensation. The scandal emissions of the Volkswagen started because of 2.0-liter TDI. The German manufacturer with a special equipm...
Porsche has decided to suspend the sale of vehicles with a diesel 3.0-liter engine in the US.This was done immediately after the US Environmental Protection Agency (EPA) announced the results of the investigation the engine V6 3.0 TDI, installed in Porsche cars, Audi vehicles and Volkswagen automobiles.The scandal emissions of the Volkswagen started because of 2.0-liter TDI. The German manufacturer with a special equipment brought down the level of emissions of nearly half a million cars from United States. During this scandal the head of Volkswagen Martin Winterkorn has announced about his re...
