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...
You might not know that, but in Japan the relationship between the car dealer and the buyer is a much better one than here, in the U.S.. The last time Shujiro Urata wanted to buy a new car in Japan, his phone happened to ring. It was the local Toyota dealer on the phone, asking him if he was thinking about buying a new car. When he replied in the affirmative, the dealer and a coworker showed up at Urata’s doorstep an hour later with two demo cars, which Urata and his wife test-drove around the neighborhood. The Uratas decided to buy a car from the dealer. The dealer also handles their ca...
Ford and Volkswagen have to face new problems, as a new coalition of environmental groups have launched a campaign to persuade automakers to live by their commitments for meeting emissions and fuel economy targets for the next decade. It accused the industry of colluding with the Trump administration to loosen the clean-car standards. The coalition initially plans to pressure Ford Motor Co. and Volkswagen Group of America to publicly support the fuel efficiency program, one of President Barack Obama's key initiatives for curbing greenhouse gases that contribute to climate change. It w...
General Motors might have cut more than 6,000 jobs this year, but it still might need to further shrink its manufacturing operations to address bloated inventories of some vehicles amid plateauing U.S. sales and pressure from Wall Street to avoid overproduction. The majority of GM's U.S. assembly plants, including some where a shift already has been eliminated, produce vehicles that on average have at least an 80-day supply, 33 percent more than what the industry generally considers healthy. GM has at least seven U.S. assembly plants that on average produced vehicles with greater than...
Rising commitment from major automakers, rapid battery cost declines, strong policy support from state and local governments, and low operational costs have put electric vehicles on track to pass gasoline-powered vehicles. EV sales in U.S. have grown to an average of 32% annually from 2012-2016 and 45% over the year ending June 2017. Considering these advantages, automakers and investors face several big questions: How fast can we expect EVs to increase market share in the United States? What penetration will they achieve, by when? How will these outcomes be affected by ...
For the first time in Toyota’s history the automaker will produce parts exclusively in the U.S.. The carmaker will invest $373.8 million into hybrid powertrains here. The money invested will be split between 5 U.S. manufacturing plants, and each new project will begin this year, and must be completely operational by 2020. "This investment is part of our long-term commitment to build more vehicles and components in the markets in which we sell them," Toyota Motor North America CEO Jim Lentz. New production of hybrid transaxles will begin at the company's Buffalo, ...
