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...
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&...
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...
On Monday afternoon, at least a half dozen U.S. stations were selling regular unleaded gasoline for less than $2 a gallon. In Colorado, the state average is $1.95 per gallon. A year ago, the Colorado average was $2.84.In the Denver metro, the average price right now is $1.87 a gallon, which is almost a dollar less compared to a year ago. One driver said he’s probably spending $25 less a month on gas. "Merry Christmas!" was the reaction to the news of a woman who stood at the pump.Some experts are saying gas prices could fall further on an oil-inventory glut and a cont...
A car brand like Porsche, predicting what the car of 2040 will look like is relatively simple. Ferrari launched a design contest to imagine what one of its cars might look like in 2040. Some 50 schools entered from around the world. Here you can see the design language of Ferrari, which the finalists created. 12 finalists have been chosen by Ferrari — three from four different design schools — and they differ widely in their structure, tone, and aesthetic philosophy. “de Esfera,” hailing from Hongik University in South Korea, is arguably the most traditional of the...
The first BMW’s i8 Spyder concept was seen at the Beijing Auto Show in 2012. The german newspaper "Handelsblatt" reported that the automaker, BMW CEO Harald Krüger, confirmed the arrival of i8 Spyder production. Changes between the concept and production versions are expected to be kept to a minimum, while the doors and side sills will be moved into line with those featured on the i8 coupe, the stylish rear buttress design will probably have to be redesigned to fit an actual roof mechanism, other elements should remain close to the concept. Around the same time,...
