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...
California is the number 1 state in United States when it comes to plug in hybrid cars and battery electric models. Well, that’s not much of a wonder since the state offers numerous local and statewide incentives, and many utility companies reward customers for choosing an electric car over a fossil-fuel powered vehicle. If we combine all these things, we get a very friendly environment for electric cars. According to the latest report released by non-profit organization Next 10, 5 percent of new-car sales in the state are now electric vehicles. That figure reflects new cars sold du...
People across the world, show more support for electric cars, and automakers start to deliver even more electric vehicles with longer range and lower prices. China even set an aggressive target for electric vehicle sales, in order to curb pollution, European countries aim to be all-electric by 2040 or sooner. Those lofty ambitions face numerous challenges, including one practical consideration for consumers: If they buy electric cars, where will they charge them? The distribution of public charging stations is wildly uneven around the globe. Places with lots of support from governme...
Workers from two Chicago plants have sued Ford Motor Co. for sexual and racial harassment. After an investigation made by the U.S. Equal Employment Opportunity Commission the company agreed to pay $10.1 million to settle the scandal. The investigation yielded reasonable cause that personnel at the Chicago Assembly Plant and the Chicago Stamping Plant had subjected African-American and female employees to racial and sexual harassment -- violating Title VII of the Civil Rights Act of 1964. The agency also said the company retaliated against employees who complained about harassment or discr...
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...
As automakers are doing their best to get rid off too much inventory, buyers can expect sweeter deals on small and mid-size cars. This July wasn’t expected to be a good month for US car sales but at the same time, the data are not so bad. Overall auto sales fell 7% from a year earlier to 1.42 million vehicles. Buyers will eventually have fewer choices of passenger cars as automakers shift more of their engineering resources into crossovers, SUVs and pickups. Average discounts per vehicle rose 5% to about $3,600, compared with a year earlier. Meanwhile, transaction prices ...
