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...
We have a new forecast for this month’s car sales and it includes a 3.3% drop to only 1.3 million units. Await for a decrease of 21% for the mid-size cars. Even with all the drops and decreases we can still say that the sales pace for the industry is healthy, and what’s more important it looks sustainable, as we head into high volume selling months ahead. Retail growth for manufacturers will be tough to achieve in February, as consumer demand remains relatively flat despite increased incentives. Regardless of the expected dip in overall volume, at a SAAR of more than 17 ...
We’ve had a lot of signs that the electric car market has been rising for a lot of time, and its shares have risen through 2016 even more, but now we know that they shot up by 37%. We’ve got approximately over 30 battery-powered and plug-in hybrids offerings on the market, that’s like 159,139 vehicles for the US. It’s the 70 percent year-over-year increase in monthly sales, which helped build the momentum to stronger overall sales. Of course, the sales jump by 37% comes following a five percent decline in sales from 2014 to 2015. The slight increase has spurr...
A new advertising survey has just revealed the news all the car dealers would like to hide from you, 63% of consumers are ready to buy cars online. More than 1000 U.S. consumers have participated at the survey we’re talking about right now, and it seems like people have no more doubts about buying cars online, they have seen that it is totally real and is 100% worth it. Data shows that the public demand for such services is still evolving. Although the survey has found intense interest for buying vehicles online, a recent report from dealer software provider told another story...
Thanks to leadership changes, strategy doubts and new startup dreams luring self-driving technology Google’s car projects have been a talent sieve. It’s been found out that early staffers had a different system that awarded them based on project’s value. By the end of 2015 the payments have become this high that many veteran members didn’t need the job security anymore. In December, the car unit morphed into a standalone business called Waymo, and the system was replaced with a more uniform pay structure that treats all employees the same, according to a...
Volvo was doing really good in 2016 and its revealed double-digit earning improvements proves that. The automaker forecasts a fourth consecutive year of record sales for 2017, in this goal it will be helped by the arrival of new models such as second-generation XC60 and the all-new XC40. Operating profit rose 66 percent to 11.0 billion Swedish crowns ($1.24 billion) and revenue increased 10 percent to 180.7 billion crowns. That helped improve the automaker's profit margin to 6.1 percent compared with a 4 percent margin in 2015. Since being bought by China's Zhejiang Geely Ho...
