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...
As part of the efforts to reduce exposure General Motors will slash headcount at its international headquarters in Singapore. GM International -- which oversees markets such as India, Southeast Asia, and South Korea, among others -- will reduce its staff to about 50 from 180 by year end, according to a person with knowledge of the matter. About 90 employees will leave the company by the end of June and 40 by the end of 2017. Last week, the company said it would take a $500 million charge in the second quarter to restructure operations in India, Africa and Singapore. The company plan...
China expects its annual automobile production output to reach 30 million by 2020 and 35 million by 2025. The car sales are expected to rise also, new energy sales might reach 2 million units by 2020. Today China is the world’s largest market for new car sales. Last year 28 million cars were sold in China, and if it’s going to reach those expected 35 million, this amount is gonna be nearly double the 17,5 million units sold in United States last year. The country’s focus on NEVs, a category that includes battery electric cars, plug-in hybrids and fuel-cell cars, wou...
Ford has good expectations at least when it comes to its SUVs, and this was proved by the words coming out from Ford's vice president of U.S. marketing, this Monday. He says the sport utility vehicles will not stop here, and the sales of them will rise in the United States. The country’s second largest automaker has unveiled its refreshed version of Ford Explorer SUV not so long ago, and it increased the carmaker’ sales to nearly 40%. Low fuel prices and improving fuel efficiency among SUVs have helped prod more Americans into buying SUVs and pickup trucks in recent ...
May be we have been living in the auto industry bubble, but it's time to look at things from a fresh perspective amid some worrying rounds of new data. The cars are getting way more expensive in light of the increased horsepower and amenities. Unsurprisingly, this rising level of auto luxury has come alongside a surge in the stock market that has buyers willingly plunking down their credit card or some cold hard cash to get a new toy. The same thing could be applied to non-luxury cars, say mid-size sedans from Ford, Toyota and General Motors. They are receiving hosts of new fea...
This March will be launched new 17 registration plates in the new car market-which means rich pickings for buyers in the used car sector. With the way that many cars are financed these days over a three year term, tens of thousands of models from 2014 will be coming back for specialist dealers to buy for their customers. To keep within the conditions of the finance package these cars will have been serviced every year and will be within the agreed mileage limit. All of which means that now is an excellent time to think about changing your current vehicle for a newer one. March is a good t...
