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...
China became the biggest automobile market by sales in the world, and it has not stopped growing since. What may be even more astonishing is that it is, still in many aspects, a market in its infancy with huge growth potential. Last year, BYD more than doubled its global plug-in vehicle sales to almost 62,000 vehicles.This is the brand new BYD Yuan SUV. It will be launched on the Chinese car market next month, and the first cars have arrived at BYD dealers in China. BYD has decided to call the entire range ‘Yuan’, including the petrol and plug-in hybrid versions, just like they did...
Oil prices will stay low for as long as 10 years as Chinese economic growth slows and the U.S. shale industry acts as a cap on any rally, according to the world’s largest independent oil-trading house."You have to believe that there is a possibility that you will not necessarily go back above $100, you know, ever," Ian Taylor, Chief Executive Officer of Vitol Group BV, told Bloomberg. His company is the world's largest independent oil trader. Instead of any significant increase or decrease, the exec believes crude could hit $45 to $50 a barrel in the latter half of 2016 and...
The world’s largest automaker Toyota would buy out the rest of minivehicle unit Daihatsu - an all-stock deal worth about $3 billion and part of its strategy to strengthen its push into compact cars for emerging markets.Toyota acquired a controlling interest of 51 percent in Daihatsu in 1988. But now it is raising its stake to 100 percent by a reciprocal share-swap agreement that will see Daihatsu's other shareholders take 0.27 shares in the larger company for each share in the smaller.This move will help to improve Daihatsu small cars by having a unified strategy in the sengment, alt...
McLaren Automotive has opened four dealerships in the U.S. The new locations bring the company's North American presence up to 22 showrooms, and its global dealer network up to 80. See the new location:McLaren Bergen County 995 Route 17 South Ramsey, NJ 07446 Temporary location during construction: 670 Route 17 North Paramus, NJ 07652 Phone: 201.576.1600McLaren Boston &nb...
Audi CEO Rupert Stadler confirmed at the Detroit Motor Show that the Audi automaker had finally persuaded FCA to release the two names that would let Audi lock up the Q1 to Q9 badges for its growing SUV family, but not the Q2 and Q4 ones, which were in Fiat Chrysler's possession. "We tried to get it years ago and they said 'No, never,' but there is never 'never' in business," said Audi chief Rupert Stadler. "This year I went back to them with a proposal and we talked and there were some negotiations and then we agreed to it."Audi has used Italian na...
