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...
Audi of America reported a March sales increase of 2 percent to 18,705 vehicles, as the Q5, Q3 and A4 led the volume gains. March 2017 marked the 75th consecutive month of record sales for Audi of America. The previous March record was set last year with 18,392 vehicles sold. SUV sales remained strong with the volume-leading Q5 posting sales of 4,382 vehicles, an increase of 18 percent for the month. Sales of the Q3 rose 21 percent over last year to 1,818 vehicles. The Q7 posted 2,660 sales for the month. The A3 Sportback e-tron had its second-best sales month ever with 414 vehicles...
Even though U.S. is not in a recession that’s exactly what dealerships are doing nowadays. As a percentage of a dealership's total gross, profits fell in the new- and used-vehicle departments, but rose in service and parts. The profit gains come after about a third of all U.S. light-vehicle dealerships expanded their service departments by at least one bay in the past 18 months to capture more service revenue. And with new- and used-vehicle price competition remaining intense. Going into a sales plateauing year, customer loyalty is going to be very key for dealers. That lo...
What else could be considered as the best present for Volvo on its 90th birthday?! If you don’t know yet than we’ll give you a hint, it’s something related with “sales”. Now, the answer is more visible right?! Well, Volvo wasn’t always here, it fought a lot for the right of being where it is now. Since 2014 Volvo has annually set a new global sales record, a streak it expects to continue in 2017 by topping the current high of 534,332 that was reached last year. The automaker's profit margin has improved 6.1 percent in 2016 compared with a 4 p...
Emily Hurwitz is an advertising supervisor from San Francisco and she doesn’t like buying cars from traditional dealers, and she prefers buying cars from online platforms which unite car sellers and car buyers. Recently she has bought a 2012 Volkswagen Tiguan through such a platform and is really happy with the purchase. What does she say about car dealerships? Well, she’s not very impressed with them in a few words, because she somehow is convinced they will swindle her. “You’re talking to a guy who’s sizing you up. It’s a very overwhelming situa...
Tesla has leapfrogged General Motors to become America’s most valuable carmaker, riding a wave of optimism about the electric vehicle company despite its continuing losses. Shortly after the start of trading on April 10th, Tesla's stock market cap overtook that of GM – it was worth about $51 billion, or $1.7 billion more than its established rival. While it's not clear that this will last, it's no mean feat for a company that has made just three car models in its brief 13-year history. The big question is whether or not Tesla can back up that value with raw sales number...
