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...
Tesla Motors said that a new proposal to let the company sell its electric cars at a sleek Salt Lake City showroom puts unfair limits on their business and they're taking the fight to court. Tesla is asking the Utah Supreme Court to reverse a state decision blocking it from selling new cars at its $3 million showroom in Salt Lake City. Tesla claims it can't sell through traditional dealers. The thing is that its business model depends on convincing customers to choose the company's technology over a traditional car. This would be a conflict for dealers who also sell trad...
FCA has been cheating on automobile sales, by reporting higher results than they have for real, that is what sources are talking about right now. The sources did not specify the time period covered by the review but it revealed that 5,000 to 6,000 vehicles that were told to be sold by dealers, were unwound after. It's been told that the sales numbers were inflated in part under pressure to preserve FCA's streak of U.S. monthly year-over-year sales increases, which now stands at 75 months. The employee turnover rate among sales staff in the company's nine business ce...
Didn't we tell you about the tragic death of Star Trek Actor Anton Yelchin?! Also we have informed you a month before about all the FCA skeletons getting out of the closet and by that we mean those 260 crashes which got linked to Fiat Chrysler Automobiles. Now that The National Highway Traffic Safety Administration has started its own investigation the company realized it needs to start a new recall. It's not anymore that light recall you're all used to hear about, pay attention at the numbers 410,000 vehicles worldwide need to be tested. Don't pass this news like it...
The American worldwide supplier of powertrain components, Dana Holding Corporation, ranks No. 39 on the list of the top 100 global part suppliers. The company works to develop the most innovative technologies. Yesterday it reported a 10 percent decline in second-quarter net income to $53 million on lower sales in its commercial vehicle and off-highway driveline units. The Maumee, Ohio-based powertrain supplier reported sales of $1.55 billion. This is a 4 percent decrease from the second quarter of 2015. The number of sales dropped as reduced demand in the commercial vehicle and off-...
We've come to realize that the new GM strategy was a great one and we've got the proof. The idea of focusing on retail sales in North America got a win-win in the second quarter, with net income more than doubling from the year-earlier quarter. The company has reported an income of $2.87 billion in the second quarter, which is up from $1.12 in the second quarter of 2015. General Motors' CEO told to the media that it's been an outstanding quarter for GM, and they'll continue to focus on driving profitable growth and leveraging their technical expertise to lead in the future ...
