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...
Takata Corp. filed for bankruptcy protection in Japan and the U.S., after the world’s biggest automotive recall scandal. The company will be bought by the U.S. supplier Key Safety for $1.59 billion. The sale will not include some operations related to Takata’s business in the ammonium nitrate airbag inflators that were the subject of a global recall linked to defects that resulted in some airbags exploding with too much force and spraying the cabin with metal shards. Malfunctioning Takata airbag inflators have been linked to at least 16 deaths and 180 injuries worldwide ...
Wall Street is fretting that the U.S. auto industry is heading for a downturn, but for thousands of workers at General Motors factories in the United States, the hard times are already here. Matt Streb, 36, was one of 1,200 workers laid off on Jan. 20 – inauguration day for President Donald Trump – when GM canceled the third shift at its Lordstown small-car factory here. Sales of the Chevrolet Cruze sedan, the only vehicle the plant makes, have nosedived as U.S. consumers switch to crossovers, SUVs and pickup trucks. Streb is looking for another job, but employers are wary because ...
J.D. Power has released its 2017 annual report card on vehicle quality and again the first spot has been taken by Kia. Only 72 problems per 100 Kia vehicles were reported, and that’s despite the shake-up in the 2017 U.S. Initial Quality Study rankings that included significant shifts with the German and Japanese brands -- most notably, Toyota and Lexus -- falling behind many U.S. and Korean car brands. The vice president of global automotive company J.D. Power said that Kia is without question the best quality the world has ever seen. The industry is picking up steam and really impr...
For the first time starting in 2019 Ford Motor Co. will export vehicles from China to the U.S.. The automaker plans to move the production of its Ford Focus small car from U.S. to China. Sales of small cars have dropped sharply in the U.S. and companies are seeking to cut costs making them. Ford's president of global operations Joe Hinrichs said the move to China will save the company $1 billion, including $500 million for canceling plans to build the Focus in Mexico. Wary of the response from President Donald Trump, who has criticized Ford for making vehicles outside the U.S., ...
Auto supplier Robert Bosch is investing $1,1 billion in its semiconductor plant. The company has never made such big investments before, which means this deal it’s planning right now is really worth it. The factory in Dresden, Germany, will start producing chips needed for autonomous vehicles, smart homes and Internet-linked city infrastructure in 2021. It’ll employ as many as 700 workers once construction is complete in 2019. Bosch, known as a maker of traditional car parts such as braking systems and combustion engines, is also a long-time software developer and is inc...
