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...
If you're really interested in auto news than you've probably already heard the rumors flying about Tesla Model S having some defects. The discussion started a few months ago on Tesla Motors Club forum when an owner of the model told about an early failure of his electric car's suspension arms. Now after many talks and debates a detailed recount of the situation was published blaming Tesla Motors for a secret deal with gpcordaro. The company has made a pact to keep things quiet and some of us may call it a crime but DK's headline says it's just “The Coverup”.&nb...
Hyundai and its affiliate Kia sold an impressive number of 146,400 cars in the Chinese market last month, accounting for a combined 9.2 percent of the market. The CEO of Hyundai Motor America, Dave Zuchowski, has plenty of changes and challenges to deal with in order to reach a similar success on the U.S. market.In April the two automakers sold in China a total of 1.6 million cars. They took up over 9 percent of the Chinese market for the first time this year. Their combined market share continued to grow from 6.1 percent in January to 7.7 percent in February...
In order to take a controlling 34% stake in Mitsubishi Motors, YOKOHAMA, Japan-Nissan Motor Co. is ready to invest 237 billion yen which is about $2.2 billion.This purchase is meant to transform Nissan into the single-largest shareholder of Mitsubishi. By May 25 the agreement between the companies will be signed and four directors to Mitsubishi Motors' board will be named by Nissan. Rumors say that even the chairman of Mitsubishi Motors might be Nissan's director. The deal must be completed within a year or it will be invalid. Looks like Nissan decided to save Mitsubis...
German media reported that U.S. threatens to prevent the easing of export controls on European cars, so they could force Europe on buying more agricultural products of U.S. It's been also said that U.S. has blocked a European call to replace private arbitration tribunals which are responsible for corporative lawsuits. Greenpeace is opposing the proposed Transatlantic Trade and Investment Partnership, mentioning that it would hand too much power to big business at the expense of consumers and national governments. TTIP could deliver $100 billion of economic gains on both...
An agreement on the technology partnership for self-driving cars has been almost reached between Fiat Chrysler Automobiles and Google owner Alphabet. The talks between the two parts have been going on for several months, and they may finally agree the deal these days.The deal would start with Chrysler Pacifica minivans. Alphabet has ambitions as an auto supplier and is seeking to sell its self-driving car technology to automakers. General Motors Co. talked to Google about developing and testing self-driving cars, but they were unable to come to a deal because...
