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Spring is the Best Time to Buy a car!

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...

  • Volkswagen Group top executives' hard times
    13 Apr 2016

    Volkswagen Group top executives, starting with Chairman Hans Dieter Poetsch, will have their 2015 bonus payments significantly cut as the automaker has a difficult period and counts the multi-billion-euro costs of its emissions-rigging scandal. VW said the supervisory board and management agree that the company needs to send a signal on top management pay. Variable pay will have to be reduced and in this sense the management board, for example, has already accepted cuts of at least 30 percent in bonus payments. VW's supervisory board will decide on the bo...

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  • Toyota recalling 60,000 Avalon and Camry for air bag defect
    13 Apr 2016

    Almost 60.000 Toyota Avalon and Camry sedans from the 2016 model were recalled by Toyota Motor Sales, USA. Almost all of them were sold in the U.S., only about 1,500 were sold in Canada and Mexico. Toyota Corp. says that these cars have a system that activates or deactivates the front passenger air bags depending on the weight of the passenger. In some of the affected vehicles the system was improperly calibrated, so the front passenger air bags and knee air bags may not deploy.The company affirmed that it's still unclear how many times the condition has occurred or whether it has bee...

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  • Holman to become a new dealership giant after having bought Kuni
    12 Apr 2016

    One of the country’s largest private dealership groups may have been created after Holman Automotive Group Inc. acquired Kuni Automotive. This new group will have 33 dealerships in eight states and will have a projected annual revenue of about $3 billion.Holman, of Maple Shade, N.J., has dealerships in its home state, Pennsylvania and Florida. Kuni, of Vancouver, Wash., has stores in its home state, Oregon, California, Colorado and Kansas. Most of the new dealerships will be situated along the East Coast and West Coast. Holman is one of the most notable...

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  • Tesla Motors puzzled by a tax credits deficiency
    11 Apr 2016

    Tesla Motors announced it faces a shortage of U.S. tax credits for the Model 3, its first mass-market electric vehicle. It was said that, in the first week of orders, 325,000 people had placed refundable $1,000 deposits on the Model 3, a sedan starting at $35,000 with a range of 215 miles and up.As the company has struggled in the past to deliver products on time, some say that the announced crisis is an apparent one, seeing in this announcement a clever production strategy to squeeze more money out of the program for its buyers. Because of a limit on the number of Tesla cu...

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  • Paul Walker's daughter takes $10million settlement
    10 Apr 2016

    Two years after Paul's death, Meadow Walker (17) agrees to take 10,1 million $ from the family of Roger Rodas, who took a partial responsibility for the crash. Roger was the one driving, Paul was a simple passenger back then, he survived the crash but was trapped and burned to death because of the vehicle's defects.Roger was driving a Porsche Carrera GT, when the accident happened. Police officials ruled that the reason of his and Paul's deaths was excessive speed.Meadow's decision was followed by the explanation below:"The amount paid by the estate of Roger Rodas int...

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