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...
Do we have to fear for slow demand now that oil prices fell more than 1.5 percent?! U.S. West Texas Intermediate crude CLc1 settled down 97 cents or 1.96 percent to $48.59 a barrel. Brent crude futures LCOc1 were down 80 cents or 1.52 percent to $51.90 a barrel. U.S. stock indexes fell sharply on Thursday, with the Dow and the Nasdaq posting triple-digit point declines, as investors fretted over escalating tensions between the U.S. and North Korea. The falling U.S. stock market translated to weakness in the oil market, that raised concerns about demand. The demand picture gets murky...
Guess who’s gonna sell its electric battery business to GSR Capital? Yes, it’s Nissan. In its statement Nissan revealed that the business which GSR will buy includes battery operations in Japan, England and of course U.S.. The sale covers Nissan's battery manufacturing operations in Smyrna, Tennessee, owned by Nissan North America; in Sunderland, England, owned by Nissan Motor Manufacturing UK; and part of Nissan's Japanese battery development and production engineering operations in Oppama, Atsugi and Zama. Nissan will first take full control of its battery subsidiary...
Toyota dealers have been crying for more Tacomas and now they'll finally get some relief. The Japanese automaker has struggled to crank out enough of the segment-leading midsize pickup at its Texas and Mexico factories, even with years of overtime. Now, thanks to the partnership announced last week with Mazda, Toyota North America CEO Jim Lentz is prepared to turn on the spigot to fend off midsize pickup challengers. Toyota will build a $1.6 billion U.S. auto plant at a site to be chosen in a 50-50 partnership with Mazda that nets each of them 150,000 vehicles a year in addition...
Every month, automakers release their sales numbers, and there are always some interesting tidbits buried in the myriad spreadsheets and digits.ChevroletThe Bolt EV reached a noteworthy milestone — it outsold the Corvette, despite not being available in all 50 states yet.FiatEvery Fiat model sold worse this July than last, and the 500X had the worst drop.DodgeEven though it's on the way out, the Dodge Viper posted a July increase from 49 to 56 cars. CadillacThe numbers show the brand needs more crossovers. Cadillac also sold two of the discontinued Volt-based ELRs and an e...
Tesla made a big deal about its Model 3's base price of $35,000. The price makes it attractive to a whole new range of buyers who couldn't afford its more expensive Model S or Model X. While it's certainly true that a Model 3 will be cheapest way to get into a brand-new Tesla, let's be clear that there will be practically zero Model 3s at its base starting price of $35,000. Here's why. Choosing any color other than black raises the Model 3's price by a grand. If you want an upgraded interior package, that will cost you additional $5,000. To be fair, a package...
