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...
No matter how auto sales turn out when they are reported Wednesday, it's going to be a squeaker. The auto industry is on the cusp of reporting another record year, perhaps topping 17.5 million new vehicles sold in the U.S. But the numbers are so close that forecasters are divided on the prospect. The focus is turning, instead, to 2017 to see whether the industry can reignite sales growth based on consumer optimism, a rising stock market and a healthy housing market. Some auto industry analysts say that retail automotive sales continue at a blistering pace, giving the auto indust...
Japan's Takata, maker of defective air bags that have been linked to 11 U.S. deaths, could settle criminal charges with the U.S. Department of Justice before the Obama administration leaves office next month. Part of a settlement would include Takata pleading guilty to criminal misconduct. The Justice Department has investigated whether Takata hid information from safety regulators and issued misleading statements about the dangers posed by the air bags. Any deal would likely include a monitor to ensure Takata's compliance with the agreement. The Wall Street Journal, citing ...
Not long ago the region which was taken by Toyota Motor Corp. was composed of more than half diesel cars, and now it got changed by the car brand. In more than a year Toyota is ready to report a leap in hybrid vehicle sales for this year. Toyota's goal right now is to enlarge its hybrid sales, until they reach the half of its worldwide sales, until the end of decade.Toyota had decided a few years ago to avoid taking on diesel cars in Europe. While demand for the Prius was increasing in the U.S. and other markets, it was barely being noticed in Europe. Its strategy was based on a...
Volkswagen Group led automotive spending on Advertising Age’s 2016 list of the top 100 advertisement spenders worldwide. Fifteen automakers and tire maker Bridgestone Corp. constituted the automotive category on the World’s Largest Advertisers list. Seven of those automakers made the top 25, Advertising Age. VW ranked No. 4 on the biggest-spenders list, with its ad spending in 2015 totaling $6.6 billion. General Motors was next for automakers, taking sixth place on the list. It spent $5.1 billion in 2015. Daimler AG ranked No. 7 and spent $5 billion. Ford Motor Co. took...
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...
