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...
All of the recent calm in global markets owes a lot to the U.S. consumer, with rising retail sales which helped on becoming the world's largest economy in June. Even so, we've got a very weak spot now and speaking about that we mean- slowing car sales, it's unclear now which market segment will pick up the slack. The U.S. consumption revelations show that car industry is at its peak now, which means it's in trouble. As you can see on the charts from the pictures, U.S. retail sales represent 20% of overall spending, after groceries at 13%. Demand ...
Amnon Shashua the Co-founder and CTO of Mobileye, announced that they would end their relationship with Tesla Motors at the end of the current EyeQ3's lifecycle.Mobileye will continue to provide technical support of its EyeQ3 processor for the California-based electric-vehicle maker, but won't develop more Autopilot-related products.Instead, Mobileye will direct more of its resources towards its partnership with BMW and Intel on further developing autonomous-driving features.Shashua didn't quite spell out the reasons for ending the relationship, but the strong hint was that Mobiley...
There was nothing casual for Nissan choosing Dallas as the place to present the new 2017 Pathfinder crossover this month. Nissan North America Chairman Jose Munoz explains that Texas is very important to them, it is the second-largest market, after Ca. “We have thousands of employees and their families here. It's important that we continue to do well here. We want to make people aware that we are here and will continue to see good growth in Texas."---Said Munez. But Toyota seems as a big rock in Nissan’s growth strategy in Texas, and especially in the Dallas...
It has been announced that the General Motors Company has a certain sales decrease outside the US. The level of sales in South America has dropped significantly. Europe's hopes to reach breakeven this year are threatened by the aftershocks of the U.K.'s Brexit vote. Despite this, the level of domestic sales is not low. North American operations' pretax profit jumped 31 percent in the second quarter to $3.65 billion from the year-earlier period, despite a drop of 5.7 percent in overall North American unit sales. North America-heavy General Motors Financial joined the part...
Tesla Motors said that a new proposal to let the company sell its electric cars at a sleek Salt Lake City showroom puts unfair limits on their business and they're taking the fight to court. Tesla is asking the Utah Supreme Court to reverse a state decision blocking it from selling new cars at its $3 million showroom in Salt Lake City. Tesla claims it can't sell through traditional dealers. The thing is that its business model depends on convincing customers to choose the company's technology over a traditional car. This would be a conflict for dealers who also sell trad...
