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...
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-...
Many of us already know about Nissan trying to press for more U.S. growth. It's been revealed that the automaker is also alienating some of its parts suppliers. A newly released annual survey shows Nissan sank into a virtual last-place tie with Fiat Chrysler Automobiles. On the other side General Motors, improved significantly after Steve Kiefer got some great grades for his first year on the purchasing job after running GM Powertrain.The ratings that result from the questionnaire proposed by a Detroit-area consulting firm- Planning Perspectives Inc., come as Nissan and FCA need...
Nissan has confirmed that it will not build small, rear-wheel-drive sports cars soon.The model which may have tackled the likes of Toyota’s 86 and the Mazda MX-5 in the sales-race would have sat below the current 370Z and GT-R models in the carmaker’s range.But now, according to reports out of Europe, the small sports car plans have been returned to the shelf where they may sit for quite some time. According to Nissan Senior Vice President Shiro Nakamura, the company has a modular platform currently under development that could underpin a model range featuring both electric and fos...
2017 Acura NSX, a car that starts at $156,000—went up for auction at Barrett-Jackson in Arizona on Friday night, and Hendrick’s bid of $1.2 million broke the record for highest-selling designated VIN No. 0001 in the auction’s history. The proceeds aren’t for profit, though—all of the money spent by the Hendrick Motorsports owner and Hendrick Automotive Group founder will be split between two charities.The hybrid all-wheel drive Acura NSX sports car is powered by a complex Sport Hybrid Power Unit powertrain. The rear axle is driven by a 500 hp/550 Nm 3.5 litre DOHC...
General Motors plans to invest $1 billion in three Michigan plants by 2030 as part of a new deal between the automaker and the Michigan Economic Growth Authority tax credit program.GM said it would be putting $356 million in operations in Flint, Saginaw and Grand Rapids, creating more than 50 jobs and helping to retain nearly 500 jobs in the state.The new investments according to GM will be:- $263 million for a future engine program at Flint Engine Operations. The investment retains 410 jobs at the plant.- $50 million for driveline components at Saginaw Metal Casting Operations. The investment...
