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...
December promises to be the strongest month in auto sales. It is expected to set an annual record with 17.5 million sales in 2015, according to a monthly sales forecast developed jointly by J.D. Power and LMC Automotive.The car retail sales are projected to reach 1,400,100 units, while total light-vehicle sales are expected to reach 1,712,200, both a 6% increase on a selling-day adjusted basis, compared with December 2014. Both sales volumes are also the highest for any month since July2005, when retail sales hit 1.64 million units and total sales 1.80 million units.“We now have greater ...
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 ...
The mysterious electric automaker Faraday Future plans to start construction on a $1 billion factory in Nevada early next year if state legislators approve incentives and tax breaks worth $215 million.Nevada officials scheduled a conference in Las Vegas on Thursday that includes a formal announcement of an agreement to bring the plant to North Las Vegas. Tax incentives to seal the deal would need authorization from Nevada lawmakers, who approved a $1.3 billion incentive package in a special session last year to secure electric carmaker Tesla Motors’ massive battery factory outside of Ren...
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&...
According to calculations based on actual monthly sales reported by the manufacturers, the first reports of November auto sales are in.Statistics show that Hyundai, Nissan and Toyota set the pace in November. Gains among major players fell within a narrow range of 0.3 percent at Ford Motor Co. to 3.8 percent at Nissan Motor Co. Hyundai’s 12 percent increase stood out in percentage terms. Hyundai generated sales of 60,007 vehicles, up 12 percent, for its best-ever November. Only American Honda and Volkswagen Group posted a decline in volume. Overall U.S. sales, wi...
