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...
FCA is on its way to recall more than 1.25 million pickups worldwide for a software error linked to reports of crash death and 2 injuries. This erroneous code could temporarily disable the side airbag and deployment seat of belt pretensioners- which reduce seat belt slack during impacts during a vehicle rollover spurred by a significant underbody impact, such as striking onroad debris or driving off-road. The company will reprogram computer modules in the affected vehicles to address this error. An FCA spokesman said the likelihood of an incident was very low because a sequence...
Nissan has reported its 2016 sales and it seems like the company didn’t really succeed in terms of car sales. Nissan’s operating profit dropped 6 percent in just ended fiscal year. The company’s operating profit declined to 742.2 billion yen ($6.67 billion) in the fiscal year ended March 31. Net income advanced 27 percent to 663.5 billion yen ($5.96 billion) in the January-March period. Nissan attributed the rise to a one-time gain from the sale of its stake in former group supplier Calsonic Kansei Corp., which it booked in the fiscal fourth quarter. Worldwide reve...
Toyota Motor Corp. the largest Japan carmaker said the company felt a sense of crisis as the company braced for two consecutive years of falling profits and Toyota would streamline operations to bolster margins. The company’s operating profit tumbled 20 percent to 438.9 billion yen ($3.94 billion) in the carmaker’s fiscal fourth quarter ended March 31. Net income slid 6.6 percent to 398.4 billion yen ($3.58 billion), the company said Wednesday while announcing full-year earnings results. Revenue increased 6.8 percent to 7.44 trillion yen ($66.87 billion). Global retail s...
We provided you with information about April car sales in US and told you about the results the major automakers got, but what you still don’t know is where, in which state exactly the electric car sales were up and where they were down.California, dominates! It’s number one, with a per capita percentage of 0,7%, beating Hawaii with 0,4% and Washington with 0,3%. If you ask yourself why is is California, than we will try to make it a bit clearer for you our dear readers: → California has long offered a decent EV rebate (typically, $2,500).→ California’s p...
We knew that when automakers will reveal their April car sales the results will be disappointing, but we had no idea the sales will be this low. The auto industry might be receding from its breakneck pace, which means the chances of getting a third consecutive year with positive results are not so high. Overall, the industry reported a 4.7% sales decline to 1.43 million units. General Motors, Ford, Fiat Chrysler and Nissan each reported deeper-than-expected sales declines for the month. Toyota narrowly edged expectations, but it still recorded a 4.4% decline for the month, compared ...