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...
A suburban Phoenix Chevrolet dealership was fined $40,000 because federal regulators found out that it was selling recalled new vehicles without the proper repairs. After a two-year investigation, Sands Chevrolet of Surprise, Ariz., agreed to pay the civil penalty as part of a settlement with the National Highway Traffic Safety Administration.According to federal law it is forbidden to dealers to sell new vehicles subject to open recalls without fixing them first. The concerned dealership has changed its procedures to ensure that all vehicles are checked for open recal...
Single women are buying more SUV's, fueling a surge in demand that has 2016 on pace to top last year’s record 17.5 million light-vehicle sales in the U.S. Starting with 2010 to 2015, small SUV sales to women rose 34% compared with a 22% rise for men.. At the same time, premium small SUV's though smaller in raw numbers, saw 177% growth in sales to women. More than 40% among these female vehicle buyers aren't married. As a dealer or a carmaker you need to pay a lot of attention at professional females, who are single but need vehicles. They have their jobs, they make...
Jaguar Land Rover has recently reported record sales and a 10 per cent rise in revenues, but this didn't increase the annual profits of the carmaker. On the contrary, annual profits at Jaguar Land Rover have paradoxically fallen 40 per cent.This year the British automaker's sales increased 13 per cent to 521,571, and it is the first time the company has broken through the half-million sales barrier. JLR said its pre-tax profits fell down considerably a year earlier, primarily reflecting market conditions during the first half of the year, especially in Chi...
It's not a surprise anymore that the buy-sell activity is reaching its top and may plateau this year after so many predictions. Even though it is expected to be a strong sales year, you can't deny it won't be significantly stronger than the last year, or even a bit worse as many think. The reason of such a change, may be first of all the unstable economy, that is pushing retailers to opt for stock buybacks over acquisitions and of course the potential costumers that finally realize they don't need luxury brands, or at least they don't need to pay those enormous bills f...
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...
