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...
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...
The driverless revolution is racing forward, as inventors overcome technical challenges such as navigating at night and regulators craft new rules. Yet the rush to robot cars faces a big roadblock: People aren’t ready to give up the wheel. Still billions are being invested in driverless cars.Experts say that technologically, we will be ready for automated driving within this decade, but it will take well into the next decade to convince consumers. Google predicts people will be tooling around in robot models by 2020. Boston Consulting Group says the market for autonom...
Mitsubishi says that the company was cheating on Japanese fuel economy tests back in 1991. An independent panel of investigators was hire in order to get to the bottom of what happened, they'll have three months for preparing a report about the deception. Mitsubishi's cheat consists of the way it calculated driving resistance to determinate fuel economy. According to its statement the company had engineers that were using their own high-speed coasting test to establish the driving resistance. Even if in 2007 the company has decided to use the country's mandated evaluatio...
Volkswagen's efforts to solve the emissions scandal and to overcome its consequences came to a buy-back offer of almost 500,000 diesel cars that used sophisticated software to evade U.S. emissions rules. Volkswagen AG and U.S. officials have reached a framework deal under which the automaker would offer to buy back 2.0-liter diesel vehicles sold in the U.S. that exceeded legally allowable emission levels.The cars concerned by this offer will include versions of the Jetta sedan, the Golf compact and the Audi A3 sold since 2009. At the same time it does not apply to ...
Fiat Chrsyler Automobiles (FCA) recently announced the recall of 14,700 model year 2015-2016 Jeep Grand Cherokee and Dodge Durango SUVs because of the problems related to power steering and braking.In January 2016, a supplier had a machine failure that caused parts of be incorrectly manufactured. FCA opened an internal investigation after the supplier notified the automaker about a left front caliper that failed during a test. Additional tests showed the caliper housing falls below specification on torque fatigue and pressure fatigue tests.A cracked caliper can cause the risk of a collision or...