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...
Italian transport design studio Pininfarina, which specializes in creating sports cars for brands like Ferrari, Alfa Romeo, Peugeot, Maserati, and Rolls Royce has been acquired by Indian Mahindra.Mahindra, a massive conglomerate based in India, will pay around $28 million for 76-percent of the Italian design house, and plans to make offers for the remaining 24 percent. Those tracking the deal were surprised that the acquisition is being made through Tech Mahindra, rather than parent Mahindra & Mahindra, which makes SUVs, tractors and other vehicles. But we know that the Cambiano, Italy-bas...
The U.S. government and private auto-safety raters made evident this week how tougher standards are moving beyond crash tests that just measure passenger protection. Now, they're evaluating systems that can avoid accidents altogether.The Insurance Institute for Highway Safety said Thursday that 48 vehicles earned its highest rating of "Top Safety Cars." Toyota, Honda and Subaru are the winners, with 23 combined. Volkswagen and its luxury brand, Audi, had seven winners. Volvo, Hyundai and Mazda each had multiple winners. The Chrysler 200 was the only domestic car to earn the ...
Amazing Ferrari collection worth around $12 million will be sold at an auto auction in Scottsdale on January 29 and 30 next year. What makes this Ferrari collection most impressive is that all Eight Ferraris are owned by one person, Tony Shooshani.Shooshani is one of the world’s most noted Ferrari collectors. He's the proprietor of a 599XX Evo, a LaFerrari, and one of only six Pininfarina Sergio roadsters made. They'll remain in his collection, along with his prized 288 GTO and his thoroughbred Arabian stallion named Enzo.Tipped to be the most expensive Ferrari from Sho...
Takata Corp. handled their air bag crisis is the very reason why they lost one of their biggest investors, Sawakami Asset Management. He was one of the automotive supplier, 12th largest shareholder, but the firm lost faith in Takata after the management refused to explain what was happening during the crisis. “We could not help feeling the management is not trustworthy,” fund manager Takahiro Kusakari said in an interview from his office in Tokyo. “We felt Takata had a ‘we are needed and our products are needed, so the business will come back and the situation won&...
Nokia completed the sale of its navigation business HERE with German car makers BMW, Audi and Mercedes.The German vehicle companies have bought the navigation specialist as part of their push towards fully autonomous driving; Nokia's spin-off is a key element which gives them access for building the technologies and digital frameworks that will enable connected and autonomous cars to become a real-world reality.The ownership of Here will be shared equally between BMW, Audi and Mercedes.Nokia said its net proceeds from the deal would be around US $3 billion, in line with its original estima...
