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...
Volkswagen has been into a difficult period the latest 2 years, after being caught cheating on emissions, but now the automaker is selling cars with diesel engines in U.S. again. Customers lined up to buy two-year-old Volkswagen diesel cars when the automaker unexpectedly resumed sales in April. Many VW customers may still want the fuel efficient diesels — also called TDIs — but the few thousand cars left at dealerships after the automaker resolved its emission-fraud crisis are the last ones the automaker plans to sell in the U.S. One dealership, in Troy, Mich., got five...
Now that Mercedes Benz has announced to pause its U.S. diesel plans we feel like country’s auto sales feel another blow. Daimler revealed that it had to obtain certification to sell 2017 diesel models in U.S. from U.S. environmental regulators, but it didn’t. The outlook is now growing cloudier as scrutiny from the Environmental Protection Agency keeps models off the market and the costs rise to meet toughening pollution rules. Mercedes says that fewer than one out of every 100 cars sold in the U.S. is a diesel. Diesel’s future has been relegated back to what ...
Used-vehicle sales are set to rise again in 2017 after jumping 4 percent last year, the fastest pace since the Great Recession. Despite the projected sales increase, demand is unlikely to keep up with rising wholesale vehicle supplies as more off-lease vehicles return to the market. The growth is going to occur, but it is not going to occur as fast as the increase in wholesale supply. As a result, there will be downward pressure on used-vehicle prices. Despite a glut of off-lease vehicles beginning to enter the used market over the past year, pricing has remained relatively stable s...
Yes, this year will go down as another big year for the U.S. auto industry. The question is whether it will go down as another record year. Following a strong November showing, total U.S. sales through 11 months this year have surpassed those through the same point in 2015, which went down as the strongest sales year on record. But the difference is razor-thin – just 6,418 units. J.D. Power and LMC Automotive, in a forecast released Thursday, said 2016 should reach 17.5 million vehicles sold, breaking 2015's annual sales record by only about 26,000 units. That would mark a...
As 2016 is almost over, the U.S. auto market is on the verge of setting a new sales record, beating last year's mark of 17.5 million new cars and trucks. Auto sales have been booming for several years, powered by a combination of cheap gas, easy credit, and pent-up demand. And with the unemployment rate now below 5%, there are plenty of Americans who now need a reliable, technologically up-to-date vehicle to get to and from work. Although some analysts think the market has plateaued and that there's no more growth to be had, the fundamentals point to continued strong sales b...
