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...
Tesla Motors Inc. reported fourth-quarter deliveries that fell short of its own forecasts as production delays continue to plague the carmaker led by CEO Elon Musk. The Palo Alto, Calif.-based maker of electric cars and energy-storage products delivered about 22,200 vehicles in the final three months of last year, according to a statement Tuesday. The total trailed the automaker’s projection for 25,000 units and brought its full-year tally to 76,230 vehicles, below its forecast for at least 80,000 units. Musk has a history of setting ambitious targets and timelines for Tesla a...
No matter how auto sales turn out when they are reported Wednesday, it's going to be a squeaker. The auto industry is on the cusp of reporting another record year, perhaps topping 17.5 million new vehicles sold in the U.S. But the numbers are so close that forecasters are divided on the prospect. The focus is turning, instead, to 2017 to see whether the industry can reignite sales growth based on consumer optimism, a rising stock market and a healthy housing market. Some auto industry analysts say that retail automotive sales continue at a blistering pace, giving the auto indust...
While U.S. auto sales are likely to set a record before 2016 draws to a close as it beats last year's mark of 17.5 million new cars and trucks, 2017 probably won't fare as well. In fact, it may surprise many people as Ford, Fiat Chrysler Automobiles and General Motors are already closing production plants. Although last year's record will be broken, there's already a decrease in sales this December and forecasts say that the trend will continue throughout 2017. Apparently the three largest manufacturers in the country, Ford, General Motors and FCA, are already gettin...
It looks like 2016 U.S. auto sales may set a new record after all, by the thinnest of margins. On Wednesday, Jan 4. automakers will finally reveal their December auto sales and the sales for the full year. Specialists predicted 2016 sales would fall short of last year’s record by about 0.1 percent. Either way, call it flat, statistically. Still, that’s better than forecasters expected a few months ago. Analysts began 2016 with high hopes for another record, but toned down their expectations halfway into the year, because of cooler consumer demand and rising sticker price...
When should I sell my car? A common question raised among the sellers.It all depends on the car you are selling, year, maintenance and time of year.Depreciation is the reduction in an asset’s value over time. For automobiles, the first hit comes in a matter of minutes. Drive the car around the block, and it’s no longer a new car; it’s a used car.Some cars, particularly the premium brands or popular models, hold strong demand throughout the year and are minimally affected by price fluctuations. But for many cars, there are trends in the market that suggest good and also b...