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 fuel-emissions scandal of Volkswagen continues. Did you know that Volkswagen AG's settlement for about 50,000 owners and government regulators over polluting vehicles is valued at more than $15 billion cash? That amount is very high even for such a powerful company as Volkswagen. We will know more precisely about this settlement on Tuesday in Washington, when it will be announced that the company has to return to the owners $10.033 billion over diesel emissions of about 475,000 vehicles and approximately $5 billion in funds to offset excess diesel emissions and boost zero em...
Mitsubishi Motors and Nissan will resume the sales of the cars that were embroiled in the fuel efficiency scandal, after the Japan's Land, Infrastructure, Transport and Tourism Ministry officially allowed it. These news concern more precisely the eK Wagon, eK Space and the Dayz and Dayz Roox models Mitsubishi manufactures for Nissan. Mitsubishi has submitted revised mileage results that were already based on current parameters issued by the ministry. The authorities decided to issue the automaker a stern reprimand, after checking emissions, which passed the ...
If the first Prius plug-in hybrid was honestly speaking a “failure" for Toyota Motor Corp., the automaker promises that the upcoming Prius Prime PHEV will be a huge success, with an annual sales target of 60,000 units worldwide.The sales level Toyota is targeting for the upcoming Prius Prime plug-in hybrid, are nearly as high as the previous-generation Prius PHV sold cumulatively since its 2012 launch. About half that volume will come from North America, while Japan chips in roughly the other half. In all this plan Europe is expected to contribute only ...
As we've wrote earlier the U.S. auto sales have been weaker this year than expected, we felt it good after the May sales results got revealed and it seems like only GM will have a sales growth going forward, while the rest of the car manufacturers seem to go weaker. Many consumers are focusing on leases and that might be the main reason why auto sales cooled down this much and are only higher by only 1.8% year-to-date.The Bank of America Analysts are concluding that the auto industry is entering the top of the eighth inning. One of these analysts named John Murphy says that the ...
German cars are always on the top of world sales. However U.S. sales of BMW brand vehicles decreased 6.4 percent in May for a total of 29,017 compared to 31,003 vehicles sold in May, 2015. President and CEO, BMW of North America, Ludwig Willisch, said the shorter number of selling days in May no doubt affected the month totals, but he also mentioned the ongoing transition to X models among the possible solutions. The BMW X1 grows more popular each month with its siblings X3 and X6 giving it strong support. The X5 was limited only by availability but that will continue impr...
