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...
General Motors plans to invest $1 billion in three Michigan plants by 2030 as part of a new deal between the automaker and the Michigan Economic Growth Authority tax credit program.GM said it would be putting $356 million in operations in Flint, Saginaw and Grand Rapids, creating more than 50 jobs and helping to retain nearly 500 jobs in the state.The new investments according to GM will be:- $263 million for a future engine program at Flint Engine Operations. The investment retains 410 jobs at the plant.- $50 million for driveline components at Saginaw Metal Casting Operations. The investment...
Italian transport design studio Pininfarina, which specializes in creating sports cars for brands like Ferrari, Alfa Romeo, Peugeot, Maserati, and Rolls Royce has been acquired by Indian Mahindra.Mahindra, a massive conglomerate based in India, will pay around $28 million for 76-percent of the Italian design house, and plans to make offers for the remaining 24 percent. Those tracking the deal were surprised that the acquisition is being made through Tech Mahindra, rather than parent Mahindra & Mahindra, which makes SUVs, tractors and other vehicles. But we know that the Cambiano, Italy-bas...
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...
Nokia completed the sale of its navigation business HERE with German car makers BMW, Audi and Mercedes.The German vehicle companies have bought the navigation specialist as part of their push towards fully autonomous driving; Nokia's spin-off is a key element which gives them access for building the technologies and digital frameworks that will enable connected and autonomous cars to become a real-world reality.The ownership of Here will be shared equally between BMW, Audi and Mercedes.Nokia said its net proceeds from the deal would be around US $3 billion, in line with its original estima...
There are some captured images of a stricken Lincoln Continental getting a tow back the shop.It's not clear what happened with the wounded Continental, but its unfortunate breakdown has given us a great look at the car's sprawling glass roof. Like the current MKZ, it looks like the Conti's panoramic roof can slide back, although we doubt it will cover up any element of the rear window, like its smaller sibling. And unlike our previous round of spy photos, this latest gallery gives us a look at a rather substantial set of integrated exhaust tips (i.e. fakes that have been fitte...
