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...
For more than a half year now Volkswagen has been under the fire and we know the reason of such an act pretty well. The company was lying to its buyers for years and the full emissions scandal has finally exploded this winter. After it was obligated to pay settlement to owners and huge taxes that reach approximately $15 billion, maybe it wanted to forget about the problems and all the hate it gets these days and told about the story of building the main factory. During the early phases of construction, an American bomb was discovered out there from the early 40's: a 400 lb unexp...
As it was revealed, the auto industry is concerned about the new fuel economy standards, which are going to be even tighter soon. So far, automakers have been able to meet tougher emissions and fuel economy standards. It will be more difficult soon, as between 2018 and 2025 these standards will be much tougher. According to the research made at the University of Michigan Transportation Research Institute (UMTRI), the US new-vehicle fuel economy decreases in June. The market share of SUVs and pickup trucks rose, while new hybrid, plug-in hybrid, electric and hydrogen-powered vehicles...
The fuel-emissions scandal of Volkswagen continues. Did you know that Volkswagen AG's settlement for about 50,000 owners and government regulators over polluting vehicles is valued at more than $15 billion cash? That amount is very high even for such a powerful company as Volkswagen. We will know more precisely about this settlement on Tuesday in Washington, when it will be announced that the company has to return to the owners $10.033 billion over diesel emissions of about 475,000 vehicles and approximately $5 billion in funds to offset excess diesel emissions and boost zero em...
After UK announced its decision of leaving European Union a huge scandal in auto industry has started. First of all you should know that the auto industry was affected a lot, stock prices across the world have taken a huge hit following Brexit. Have you wondered how do investors feel like now? Their confidence has dropped across many sectors, of course auto industry is one of them. Considering the country is one of the largest manufacturing hubs in Europe, it now has to make a decision upon the way it will move on from this exit. The most important question here is will Europe and U...
Mitsubishi Motors and Nissan will resume the sales of the cars that were embroiled in the fuel efficiency scandal, after the Japan's Land, Infrastructure, Transport and Tourism Ministry officially allowed it. These news concern more precisely the eK Wagon, eK Space and the Dayz and Dayz Roox models Mitsubishi manufactures for Nissan. Mitsubishi has submitted revised mileage results that were already based on current parameters issued by the ministry. The authorities decided to issue the automaker a stern reprimand, after checking emissions, which passed the ...
