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...
Only one month ago Tesla Motors unveiled its latest pure-electric invention—the Model 3 and over 325,000 people placed a $1,000 US deposit to get in line to eventually order one of the sleek sedans, with its glass panoramic roof, a base range of 345 kms, and an affordable price starting at just $35,000 US and now they have other surprises for costumers.If you bought a car these years it means you got it with some additional equipment that you may find very helpful and interesting. From the beginning they come with a free trial and we use it as much as we need it, but we ge...
General Motors announced it has a new vice president of design. This job with global responsibilitywill be done by the Australian Mike Simcoe, 58, stationed overseas for much of his 33 years with GM. Simcoe is the first non-American to assume the mantle as GM’s global design chief.Simcoe brought a contribution to the design of many of the brand's models and has had a hand in shaping many vehicles familiar in North America. His portfolio is filled with such models as Holden SSX concept, Buick Sceptre concept, Holden Ute, Hold...
Leasing has surged as a share of new-vehicle transactions to impressive indexes in the fourth quarter of 2015, this being caused mainly by captive finance companies seeking to boost sales by keeping customers' monthly payments low. Leasing has been fairly rare in the used-vehicle market, but its share is growing. In such a way more and more lenders are offering leases on used and certified preowned vehicles.This strategy is meant to cope with an industrywide flood of 3.1 million off-lease vehicles returning to the market this year. The number of off-lease vehi...
Company mergers in the modern automotive industry has become a common practice. More and more specialists declare that the auto industry should consolidate further to cope with rising development costs. As thus, Fiat Chrysler Automobiles Chairman John Elkann renewed a push to merge the company with one of the auto industry’s “big guys”, saying savings could top $10 billion a year.Even with developments like car sharing and self-driving vehicles, Fiat Chrysler’s major competitors should consider the potential benefits of a merger because the bulk of their ...
Volkswagen Group top executives, starting with Chairman Hans Dieter Poetsch, will have their 2015 bonus payments significantly cut as the automaker has a difficult period and counts the multi-billion-euro costs of its emissions-rigging scandal. VW said the supervisory board and management agree that the company needs to send a signal on top management pay. Variable pay will have to be reduced and in this sense the management board, for example, has already accepted cuts of at least 30 percent in bonus payments. VW's supervisory board will decide on the bo...
