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...
Economic indicators point to a strengthening economy, which means more Americans are choosing luxury cars than in recent years. In August 2016, the sales volume of entry-level luxury cars in the US dropped by a significant 19.6% YoY (year-over-year) to ~53,000 units. For the same period, the sales of entry-level luxury SUVs (sports utility vehicles) increased by 11.3% YoY to more than 58,000 units, while the sales of entry-level sports cars dropped by 17.8% YoY to nearly 26,000 units. Top car models in the entry-level luxury and sports vehicle segments included the BMW 3 Series, Mer...
A five year peak on car sales was reached last year. Even the sales of Ford Mustang, Chevrolet Camaro and Dodge Challenger had to suffer a 8.4% decline. You might start to worry about US's auto market, but that's not really the case since the drop matches more for small cars and not crossovers and SUVs, since they keep on growing. But what does the cool-down for muscle-cars in America mean? Is there any deep meaning in this decrease? Well, customers who buy Mustangs, Camaros and Challengers do that because their interested in some modern evocations of the early 60's ...
It has been officially announced that Fiat Chrysler Automobiles NV plans to invest a huge amount of money at two Midwest assembly plants for future production of Jeep SUVs. This is actually more than $1 billion. They also aim to create 1000 new jobs. The automaker is going to invest about $700 million and add 700 work places at the Toledo Assembly Complex North plant for production of the next-generation Jeep Wrangler. The company will also invest $350 million and add about 300 new workers at its Belvidere Assembly in Illinois to produce the Jeep Cherokee. Production of t...
After the tragic death of Anton Yelchin, all of Fiat Chrysler's skeletons got out of the closet. The investigation of the Jeep Grand Cherokee models has started and it brought up some new proof on the fact that Grand Cherokee had some serious defects. U.S. safety regulators said on Tuesday that 68 injuries and 266 crashes on the same model were reported. All of the affected models had a type of gear-shifting control that has confused some consumers and led to rollaway incidents. After that The National Highway Traffic Safety Administration indicated that there were no deat...
Waiting for the U.S. May sales reports, analysts forcast the results to be slightly down mainly because of two fewer selling days than in May 2015.In the particular case of Fiat Chrysler however, the automaker is likely to register its 74th consecutive year-over-year sales increase in May and it is mainly due to the minivans segment. The addition of the 2017 Chrysler Pacifica and the success of the Dodge Grand Caravan also have to do with the final results. Still, this time FCA may have hurdles to overcome to top the 202,227 vehicles it sold in the U.S. in May 2015, it...
