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...
Boss Ralf Speth plans to grow in business and to have a steady place in automotive industry, rather than enjoying the sales volumes as their German competitors do. “We won’t sell millions, or be high street,” he said about Jaguar Land Rover, which has multiplied its annual car sales to almost half a million since Tata took over the company in 2008. Speth pointed out that BMW sold more in the last period than JLR will in the whole year of 2015. So they still had to compete on a global basis.Speth takes as a target the CO2 vehicles. But before this JLR expands its products...
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...
In 2006 Caparo T1 supercar has been declared as a "road Formula 1 car". The car is designed by ex-McLaren engineers Ben Scott-Geddes and Graham Helsted, famous for his participation in the creation of the iconic supercar McLaren F1. Project Caparo T1 was also ambitious - the English engineers took as the basic formula race car and adapted it for driving on public roads. The sportscar is equipped with 3.5-liter eight power of 575 hp, which allowed Caparo T1 to accelerate to 330 km / h, and to overcome the first hundred in 2.5 seconds.And now the project is under threat of closure. The...
