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...
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 ...
This April is a good month for car sales, more than 1.5 million vehicles were sold, which is for 3.6% more than in 2015. Michelle Krebs a senior analyst said that any notions from March's disappointing car sales must get some rest and they must focus on some April records. Autodata Corp. put the industry on track to sell 17.4 million vehicles in 2016. Now that April is over, we can possibly say that it could be the best April ever for auto traders and auto makers. SUV's sales increased 7.9% comparing to last year, and pickup sales grew for 7%. Ford Explorer sales led t...
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,...
Despite the gas low prices, fuel economy cars are still among the most sought in America.The statistics from the Consumer Federation of America say that 4 from 5 consumers are sure that next time they go shopping for a car they'll take care of its gas mileage. Jack Gills, director of public affairs for the nonprofit organization thinks it's no surprise, since consumers have had a long history with volatile gas prices.Motorists have saved $12 billion this year, but the consumers still expect the prices to rise again soon. The average respondent to CFA's survey predicted a ...
