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...
Chen Ying Chi, 27 years, has already managed to become a star of the Chinese automotive magazines. Despite the fact that he is studying at the agricultural university, he can not imagine his future without cars, and now is the author of an interesting project - electric sports car with the unpronounceable name Hainan Xiaohuohua, which means "young flower of Hainan."The design is associated with the work of the famous Italian bodywork studio - Bertone and Pininfarina, however, according to Chen Inhi, he did not take that idea as a basis one, but has also developed his own imagination....
Volkswagen was the one of the most successfully car maker in car selling, but because of diesel emissions tests they were for a moment stopped. Despite of admitting that 11 million vehicles worldwide were affected by the rigging of diesel emissions tests, the company sold 845 Volkswagen cars.Today's CSO figures show that a total of 5,924 new private cars were licensed for the first time in September, an increase of 35.4% compared with the same time last year. They also disclosed that 3,743 imported, or used, cars were licensed. But the number of imported cars fell by 12.2% compared wi...
On Saturday Modi, the Prime Minister of India, has visited Tesla’s TSLA -2.55% factory, where the company is churning out electric cars and battery packs that can store energy from the power grid and from solar panels. On Sunday the Prime Minister met with the likes of Facebook FB -1.90% CEO Mark Zuckerberg, Apple’s AAPL -0.22% Tim Cook and Google’s GOOG -2.28% Sundar Pichai.In this video of India’s Ministry of External Affairs on YouTube, shows Modi arriving at Tesla’s factory on Saturday afternoon, greeted by Musk. ...