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...
General Motors sent a letter in Indiana to ban Tesla Motors from selling direct to customers. Tesla has sold vehicles to customers through direct vehicle sales, and it says if the letter is signed into law it would revoke Tesla’s permission to sell vehicles from its existing storefront in Indianapolis.The state of Indiana is seriously considering locking Tesla out of the state — with a real possibility that Tesla will be prohibited from holding a dealer license in the state after 2017 ends."Despite having a lawfully granted license to sell Tesla vehicles directly since 2014 at...
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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Fans of cars, and in particular luxury car lovers – today's news to you. One can choose the train to Times Square and spend the time smashed and uncomfortable among a massive crowd of strangers in the freezing cold. Or you could chose the best luxury car of the year, go for a ride and paint the town in red! The year 2015 has placed face to face two of the greatest titans in car industry: BMW and Lexus. The German company claimed most sales but this turns to be not enough. Recent data shows that Lexus might get the upper hand in this one, in fact, Lexus has turned up to b...
Millions of Americans are battling with the elements on Saturday as Jonas brought hurricane-force winds and feet of snow to ten states.About 150,000 North Carolina homes and businesses are shuddering in the cold after ice and strong winds caused power outages. The State Highway Patrol warned motorists on Saturday to stay off roads that were coated with invisible sheets of ice. Troopers had responded to more than 2,000 crashes since icy conditions moved in on Wednesday.Storm Jonas had left the East Coast covered with a think blanket of snow on Saturday as it hovers over the East Coast of t...