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...
DETROIT — Honda Civic compact car on dealer lots was criticized for being cheap and boring, the company still sold almost 326,000 of them last year.Honda unveiled the new 2016 version in Detroit on Wednesday. The 10th generation Civic will come in sedan, coupe, hatchback.Their inside are much bigger and gives them a more athletic stance for better handling. With new engines, transmissions and suspensions, which will make them more efficient and more fun to drive than the outgoing model. The new version was and engineered in the U.S., and German luxury automakers designed the quality...
In June, the National Automobile Dealers Association (NADA) rates making cars more expensive to finance, a drop in used car prices and to keep cars longer. A projection by Bank of America Merrill Lynch indicated that auto sales could rise to 20 million new cars by 2018. The less-good news for the automakers is that the analysts expect “a very significant downturn after that.”Americans are buying more cars now, the number of miles driven today is down about 6.7% compared with June 2005. On the basis of just total miles driven, in August U.S. drivers posted a new record of nearl...
With a much lower gain than that of previous recent years, the Classic Auto Auction world seems to have hit a wall, and it will not be able to climb it for a while.For example, the prestigious Auctions held on the Monterey Peninsula last week were down a total of $20 million from their high of 2014.From all angles, we get the same advice: The market is stabilizing and the value of unsold inventory has doubled that of 2013. Perhaps, now we can deduct, in hindsight, that 2013 was the peak for this specific market. In fact, Blue Chip items such as automobiles from the 50’s to the 70&r...
China’s Black Monday sent the western markets into a tail-spin. And even though it was not as bad of a tail-spin as it was anticipated, it nevertheless sent the rest of the world stock markets —principally in the west, into a “Correction Mode.” And for good measure.When the markets close on Tuesday, we will know if investors decided to drive a strong recovery or if it all was left to spiral down deeper into the red abyss. Whatever happens, the general public will have now to learn a very strong and harsh truth: What happens around the world or outside our bo...
BEIJING/TOKYO (Reuters) -- Toyota Motor Corp. said on Friday more than 50 of its employees were injured by Wednesday night's explosions in the Chinese port of Tianjin that killed 56 people."We have now heard that over 50 employees who live in the surrounding area, including in company accommodation, have been injured," Toyota said in a written statement.Toyota said it was not aware of any employee deaths.The explosions resulted in broken windows at two dealerships, one operated by FAW Toyota Motor Sales Co., Ltd., and one operated by GAC Toyota Motor Co., Ltd, Toyota said, adding...
