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Spring is the Best Time to Buy a car!

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...

  • GM reacts to Tesla's new sales rules introduced in Indiana last week
    29 Feb 2016

    The automotive industry got used to the fact that Tesla Motors Inc. has gone toe-to-toe with franchised dealers in America's statehouses over the issue of selling electric cars directly to customers. For automakers like GM, that sell more cars in the U.S. in a given week than Tesla sells worldwide in an entire year, Tesla is hardly a threat. Still, GM reacted to Tesla's new sales rules introduced in Indiana last week.Indiana law currently allows Tesla to sell cars straight to customers through factory-owned showrooms. GM believes that all industry participants shoul...

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  • Takata sells off ancillary businesses to meet $3 billion in airbag recall costs
    18 Feb 2016

    Takata Corp., Japanese manufacturer seeks buyers for its Irvin Automotive Products unit. They want to assume the responsabilities of those 10 deaths and more than 100 injuries, and to shore up the company’s balance. They plan to sell their automotive interiors division to raise money for paying for the cost of recalling about 50 million vehicles due to exploding air bags. Takata is working with Japanese bank SMBC Nikko Securities Inc. and  U.S. bank Moelis & Co. on the potential sale. It isn’t clear whether Takata is seeking strategic or financial buyers for the busin...

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  • 2017 Acura NSX was sold for $1.2 million
    31 Jan 2016

    2017 Acura NSX, a car that starts at $156,000—went up for auction at Barrett-Jackson in Arizona on Friday night, and Hendrick’s bid of $1.2 million broke the record for highest-selling designated VIN No. 0001 in the auction’s history. The proceeds aren’t for profit, though—all of the money spent by the Hendrick Motorsports owner and Hendrick Automotive Group founder will be split between two charities.The hybrid all-wheel drive Acura NSX sports car is powered by a complex Sport Hybrid Power Unit powertrain. The rear axle is driven by a 500 hp/550 Nm 3.5 litre DOHC...

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  • McLaren announced the opening of 4 new showrooms in USA
    24 Jan 2016

    McLaren Automotive has opened four dealerships in the U.S. The new locations bring the company's North American presence up to 22 showrooms, and its global dealer network up to 80. See the new location:McLaren Bergen County          995 Route 17 South          Ramsey, NJ 07446          Temporary location during construction:          670 Route 17 North          Paramus, NJ 07652          Phone: 201.576.1600McLaren Boston    &nb...

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  • Barris "The Love Machine" is up for auction
    21 Jan 2016

    A groovy creation by automotive designer George Barris that was featured in the 1977 film SuperVan, as well as glimpsed briefly in Back To The Future II, is up for auction. The location will be tomorrow in Scottsdale, Arizona on January 23.In 1966, he took a Dodge A100 van, tore it down, and rebuilt it as the futuristic Love Machine, a conveyance that seemingly had more to do with the era’s fascination with monorails and people movers than it did the lone-wolf, roaming cad’s life of the committed vanner.  After his passing at age 89 last year, Barris' creation might s...

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