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...
Only a few hours left until General Motors reports its first-quarter 2018 earnings results, and here’s what to expect. Analysts think GM will report first-quarter earnings of $1.28 per share, on average, down from $1.75 in the first quarter of 2017. They expect GM's revenue to come in at $34.6 billion, down from $41.2 billion a year ago.The reason of the huge drop is that GM sold its European subsidiary, Opel AG, in a transaction that closed early in the third quarter of 2017. On a "continuing operations" basis, excluding Opel's results, GM generated $37.3 billion ...
Donald Trump proposed a 25 percent tariff on some goods, including automobiles, imported from China. This could put a kink in the plans of Ford, GM, Volvo as well as the Chinese brand Guangzhou Automobile Group, who planned to enter the US market next year. Volvo is importing S60 Inscription since 2015 from China; GM imports the Cadillac CT6 plug-in hybrid and Buick Envision; Ford was planning on starting to build the Focus Compact there and importing it. China retaliated, announcing its own 25 percent tax on imports including chemicals, soybeans, aircraft, and cars...
If we take a look at the list of 2017's hottest U.S. vehicles, we'll see that none of them are passenger cars. Americans are fleeing passenger cars in droves. Instead, they're embracing roomy crossovers, sport-utility vehicles and pickup trucks with vastly improved fuel economy over days gone by. Here were 2017's three hottest-selling vehicles. Ford F-series: The Blue Oval automaker's marquee nameplate easily maintained its title as the best-selling vehicle in the U.S. Sales were up 9.3% for the year. With sales of 896,764 units for the year, the vehicle accounte...
Cadillac and Audi might already tour their semiautonomous driving systems, but BMW is taking some more time before rolling out a high-speed self-driving system. BMW is spending the next couple of years working with suppliers and testing prototypes to ensure the automaker can introduce a system that can operate at high speeds in most highway driving situations, with the added benefit of being a backup operator in fully automated vehicles. BMW's system won't be available until 2021, which puts it several years behind competitors. BMW chose to wait until it could introduce a sy...
Every month, automakers release their sales numbers, and there are always some interesting tidbits buried in the myriad spreadsheets and digits.ChevroletThe Bolt EV reached a noteworthy milestone — it outsold the Corvette, despite not being available in all 50 states yet.FiatEvery Fiat model sold worse this July than last, and the 500X had the worst drop.DodgeEven though it's on the way out, the Dodge Viper posted a July increase from 49 to 56 cars. CadillacThe numbers show the brand needs more crossovers. Cadillac also sold two of the discontinued Volt-based ELRs and an e...