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...
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...
It's time to forget about those high cost of meeting new fuel economy standards and massive investments needed for autonomous vehicles, the biggest problem in the profitability of the automakers might be the buyers and their impatience.Less than 5% of new vehicles in U.S. in 2015 were built to customer order, which is so much lower than in Europe were about 50% of the vehicles were produced on customer orders. Did you know that for U.S. dealers it means thousands of dollars in extra floorplan expenses while for automakers it's a huge advertising and incentive costs for each unsold vehi...
Single women are buying more SUV's, fueling a surge in demand that has 2016 on pace to top last year’s record 17.5 million light-vehicle sales in the U.S. Starting with 2010 to 2015, small SUV sales to women rose 34% compared with a 22% rise for men.. At the same time, premium small SUV's though smaller in raw numbers, saw 177% growth in sales to women. More than 40% among these female vehicle buyers aren't married. As a dealer or a carmaker you need to pay a lot of attention at professional females, who are single but need vehicles. They have their jobs, they make...
Memorial Day isn't just a holiday people like celebrating with family and friends by going on road trips or barbeques, it's an additional day for getting a new car. There are three major holidays when customers usually go to dealerships and make some car shopping, Memorial Day is one of them, the list also includes Labor Day and July 4th. If this Memorial Day goes well, as dealers and car makers plan than this May could be one of the strongest selling months of the year. If you plan on going to a dealership, or buy a car online you'd better be armed with research on what ...
The days of auto sales increasing are reaching their end this month, at least that's what J.D. Power and LMC Automotive think.This May wasn't this friendly to new car sales, that is why they will fall down to 5.7% from the same month last year. The reason of such a decrease is partly because this year has two fewer selling days. That's how the seasonally adjusted annualized rate will slip to 17.4 million vehicles from 17.71 million in May a year earlier. This April, had the same adjusted annualized results as this May may have. Because of these runnin...
