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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...

  • Car profits dropped comparing to last year!
    02 Aug 2016

     Ford has reported a 9% drop in second quarter last week, this is how the auto industry analysts got scared that car sales will slow down after 7 years of prosperity. Now the official U.S. sales have aired and it seems that the industry has really reached a plateau. Company  July 2015    July 2016     % Increase  Fiat Chrysler A.  181,081  181,538  0.30%Ford Motor Company  222,014  215,268  -3.00%General Motors  272,512  267,258  -1.90%Mazda North America  27,157  27,915  2.80%Honda Motor C...

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  • The market for cars and trucks in the U.S. has reached a plateau
    01 Aug 2016

    AutoNation Chief Executive Mike Jackson confirmed that demand for cars and trucks are slowing in the U.S. He also added that the operator of auto dealerships around the country is aiming to cut excessive inventory of unsold vehicles.   Mike Jackson said that the market for cars and trucks in the U.S. is forcing dealers and automakers to come up with a new strategy for their business. It's difficult to accept the current situation after enjoying years of good growth. Jackson considers that the major problem is that the automakers overproduce their vehicles, offer deep discounts an...

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  • Toyota Corolla ends Hyundai i30's record sales in July!
    01 Aug 2016

    Toyota Corolla is the new big hit in the auto industry, the new model has ended the Hyundai 130's record four-month winning streak. After the Korean car brand has removed the discount of $7500 on Hyundai models, it was pretty obvious that a new king-car is gonna take its place and this time it's Corolla.  An 11-year sales high in June across all small vehicles has been posted by Hyundai i30, but it took a massive down this month by a staggering 65 per cent, from 6400 to just 2200. Hyundai costs at around $19,990 with its big discount, but once the discouns was done ...

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  • Commercial building vs. new car sales
    31 Jul 2016

    There is no doubt that commercial building is a sign of a thriving economy. That is why we can say that Licking County might be building its way to economic prosperity. This year Licking County has 12 building projects of at least $1 million and 21 projects costing $500,000 or more. Overall, commercial building is up 240 percent, compared with 2015.  The most surprising thing here is that the only economic indicator not showing improvement in the first half was the number of new car sales, down for the second year in a row after several years of significant increases. It's diffic...

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  • Are high car sales an indicator of prosperity?
    31 Jul 2016

     We know what a success presents the steady growth of American automobiles market, and the most important thing here is that last year auto makers have even set a record by selling more than 17.4 million new cars. Now, the consumer demand is slowly reducing after six consecutive years of rising sales, the industry might be near collapse because of the financial crisis, and car companies are put in pressured situations.   The results for this month are expected to appear on Tuesday, car companies might lose their investors if the sales will be lower than the previous month. ...

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