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...
The world's biggest carmakers have made a fresh show of electric Porsche capable of travelling 500km on a single charge and refuelling to almost 15 minutes.The new electric Porsche Mission E concept car is presented during the Volkswagen group night at the Fraport arena in Frankfurt am Main, Western Germany, on September 14, 2015The 100 % electric Mission E boasts an 800-volt drive system 600 hp.Though it loses out to the Model S in terms of acceleration — doing 0-60mph in 3.5 seconds, versus less than 3 seconds for Tesla — the charging time is impressive. Porsche says it can r...
European car sales rose 12 percent in August. As rising economic confidence encouraged purchases of new sport utility vehicles from French manufacturers Renault and Citroen and luxury producers BMW and Mercedes-Benz.European Automobile Manufacturers’ Association, or ACEA, said: "Eight-month sales increased 8.6 percent to 9.38 million autos. That included growth of 9.5 percent in July."BMW - the world’s biggest maker of luxury cars, is attracting customers with the coupe-like X4 and X6 SUVs, and is presenting the latest version of the X1 at the Frankfurt Internationa...
With a much lower gain than that of previous recent years, the Classic Auto Auction world seems to have hit a wall, and it will not be able to climb it for a while.For example, the prestigious Auctions held on the Monterey Peninsula last week were down a total of $20 million from their high of 2014.From all angles, we get the same advice: The market is stabilizing and the value of unsold inventory has doubled that of 2013. Perhaps, now we can deduct, in hindsight, that 2013 was the peak for this specific market. In fact, Blue Chip items such as automobiles from the 50’s to the 70&r...
China’s Black Monday sent the western markets into a tail-spin. And even though it was not as bad of a tail-spin as it was anticipated, it nevertheless sent the rest of the world stock markets —principally in the west, into a “Correction Mode.” And for good measure.When the markets close on Tuesday, we will know if investors decided to drive a strong recovery or if it all was left to spiral down deeper into the red abyss. Whatever happens, the general public will have now to learn a very strong and harsh truth: What happens around the world or outside our bo...
BEIJING/TOKYO (Reuters) -- Toyota Motor Corp. said on Friday more than 50 of its employees were injured by Wednesday night's explosions in the Chinese port of Tianjin that killed 56 people."We have now heard that over 50 employees who live in the surrounding area, including in company accommodation, have been injured," Toyota said in a written statement.Toyota said it was not aware of any employee deaths.The explosions resulted in broken windows at two dealerships, one operated by FAW Toyota Motor Sales Co., Ltd., and one operated by GAC Toyota Motor Co., Ltd, Toyota said, adding...
