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...
Ford Motor Company does business in a vast number of markets across the globe, no wonder it's quite interesting and not so easy to follow the up and down momentum of Ford's sales in its three most important markets: China, Europe and, of course, the United States.On Friday Ford announced its total sales in Europe rose 4.7% during April as Europe's automotive market continues to expand. The last month was an especially solid period for commercial vehicles, SUVs, performance cars, and higher priced trims. Commercial vehicles continues to be a strength for For...
Renault-Nissan CEO Carlos Ghosn and Daimler Chief Executive Dieter Zetsche appear equally motivated to empower women at their companies. The reasons are altruistic, but also economic. Women represent an important customer sector.Daimler estimates that in Germany 32 percent of car buyers are women. Breaking the numbers down further, Daimler said that 20 percent of the people who purchased a Mercedes-Benz or Smart model in Germany in 2014 were female and that figure was nearly double in the United States. Zetsche has even compared the growth of female car buyers to that of the growth o...
As many of us might already know the industry of gas and oil was always on the top, a “hot topic” drivers used to always talk about. Gas prices are on the bottom now and we can afford maintaining our gasoline cars, but these kind of situations always have some cover-ups we forget about. If we go back a bit in 2005, we would remember about the marginal well tax credit that was created by government, in order to protect small oil producers when times get tough for them, and looks like those times are already here! This tax credit is worth 25%, 50% or even 100% of the ...
Car and truck sales spring growth was a bit slower then expected this April. Since 2010 it was the luxury segment, which has led the sales growth. This year the indexes are quite ambiguous in this market section. Of the top-five luxury premium brands, only Audi is up so far for the first four months of 2016. Third-place BMW is down by 9.4 percent, and that doesn’t include the premium Mini brand’s 14.3 percent decline.At the same time American Honda and Nissan group registered the most significant sales growth in this period, which were of 14.4 percent and ...
March, April and May are the months with the highest selling-volume, this year it seems like dealerships have a good benefit from an early Easter.“It’s reassuring when retail sales grow faster than the overall industry pace as it indicates consumers remain very active and engaged in the new-vehicle market.” says Eric Lyman, TrueCar’s vice president of industry insights, in a statement. TrueCar is expecting increases of 4% for retail sales and 1% for fleet ones. LMC projects retail to rise above 3,9% and 4,7% for fleet sales. April has five weekends this year,...
