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...
The U.S. auto sales have been told to slow down this year after 7 years of great results, but even so the car manufacturers and dealers have high expectations, and best hopes for 2016. The sales may have reached its peak but that doesn't mean they slowed down, they say, and they brought up good arguments on that considering Americans buy lots of vehicles nowadays. A newly released report has not that great forecasts on U.S. light vehicle sales for 2017. The specialists say that sales will go down to 17.5 million in 2017, down slightly from this year's 17.8 million forecast. ...
National Highway Safety Administration's website has revealed that a new auto brand is preparing for a recall. Can you guess which one? It looks like too many luxurious brands have tough times this year, considering even Maserati is preparing for a recall. The company is planning to test and make fix if necessary more than 13,000 2014 Quattroporte and Ghibli sedans. The problem that stays behind is a counter-intuitive gear shift lever, that may lead drivers to believing the car is in park while it's not so, that may lead to rolling the car away. The parent of Maser...
We have already talked about Volkswagen and its plan on growing its market place in America. Volkswagen had some tough time earlier, and it still has to suffer from the scandal. The biggest question the company and we've had was if the company will be able to keep the customers trust? Well, we must admit that we've had some huge doubts about that. Now, that the economy in Russia slowed down, and of course the company will look for other strong options, but starting with U. S., is it a good idea? No matter how the company will succeed, and what's the plan on returning the...
Honda Motor expects its global sales to remain strong thanks to brisk sales in the U.S. and China. Japanese automaker expects its group operating profit to jump 19% to 600 billion yen ($5.58 billion) for the fiscal year ending March 2017.Through the previous year Honda had important expenses because of the recalls of vehicles with defective Takata air bags, including recalls demanded in May by U.S. authorities. Therefore, the matter will have no impact on earnings in the current fiscal year, as quality-related expenses are to decrease considerably. ...
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...
