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...
Bad news don't come alone, so as the car sales decline from month to month, General Motors said it will lay off 2,000 workers because of slowing car sales even as it makes new investments in its plants. GM said it plans to cut the third shift at its Lansing Grand River Assembly Plant in Michigan and Lordstown Assembly Plant in Ohio in January because sales of cars made at those plants are declining. The automaker assembles the Cadillac ATS and CTS and the Chevrolet Camaro at its plant in Lansing and makes the Chevrolet Cruze at its plant in Lordstown. GM had a slight increase in...
Toyota has finally cut its forecast for North American car sales by 60,000 automobiles this year, and it's the first time when it revealed what expectations it has for US's car market. The automaker is convinced that a decline is inevitable. As American consumers shift away from fuel sippers like the Prius Hybrid and toward trucks and sport utility vehicles. Nissan Motor Co., which posted a drop in profit as it gave heftier incentives that buoyed deliveries, said it’s not seeing room for further expansion. The executive vice president of Toyota admitted that the car sa...
Despite many buyers holding out for a coming Chevy Bolt and Tesla Model 3, US electric car sales are doing great. Based on sales estimates for Tesla models (since Tesla doesn’t break out sales by month or by country), the Model S dropped to #2 and the Model X held onto #3 in the US car market, while the Chevy Volt rose to #1. However, if you look at how close sales of these models are and take into account that Tesla delivered ~3,000 more Model S sedans in the US, it’s hard to know how the top 3 ranking actually plays out. After the top 3, though, there’s a signifi...
How far has the U.S. market tilted toward pickups, SUVs and crossovers? Automakers are on pace to sell more than 10 million light trucks in a single calendar year for the first time. Meanwhile, car sales are on pace to fall below 7 million this year for the first time since 2011 and only the fourth time since 1962. So while it's increasingly unlikely that 2016 will beat last year's record for total light-vehicle volume, sales of the big vehicles that generate the bulk of many automakers' profits are at an all-time high. From that perspective, with gasoline prices expect...
The US car sales are down and of course, Amarillo is not an exception. It's been revealed that local dealers sell 21% less new cars, comparing to the same month last year. New auto sales have dropped 0.2% across the nation. It includes the first three-month consecutive decline the car market has seen since the recession. Cars tend to sell better in spring and summer than fall for myriad reasons, Amarillo National Bank senior vice president John T. McElyea said. Parents will buy new vehicles in anticipation of summer vacation road trips. When their kids return to school in the fa...
