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...
Gasoline and oil prices just like always determined the future and the present of electric and plug-in car sales. Back in 2014 when oil prices fell down, hybrid vehicles took a hit along with their risidual values in several global markets. Plug-in electrified vehicles – battery electric and plug-in hybrid – saw similar trends emerging at first. However, PEVs have seen unit sales rise significantly in the U.S., Europe, and China during the past two years – as gasoline prices have stayed down. It appears that other market dynamics are influencing PEV sales now more ...
The car market is supported by the stronger global economic growth, and the car sales are showing steady growth. Gains are expected to continue, of course the top will be reached more slower compared to the last few years, but the most important thing at this step is that another annual record is coming. Increased replacement demand in the U.S. will be complemented by a renewed sales upturn in most emerging markets; however, China is the exception, with an expected slowdown. In the United States, we see increased replacement demand, growing consumer confidence and attractive financi...
Not long ago the region which was taken by Toyota Motor Corp. was composed of more than half diesel cars, and now it got changed by the car brand. In more than a year Toyota is ready to report a leap in hybrid vehicle sales for this year. Toyota's goal right now is to enlarge its hybrid sales, until they reach the half of its worldwide sales, until the end of decade.Toyota had decided a few years ago to avoid taking on diesel cars in Europe. While demand for the Prius was increasing in the U.S. and other markets, it was barely being noticed in Europe. Its strategy was based on a...
Global car sales have a big chance to set another record year. This extends gains to a seventh consecutive annual record and surpasses the previous upcycle which lasted six years. Purchases will be buoyed by improving labour markets at the fastest pace since early 2007 and a bottoming in purchases across emerging markets. Economic growth in developing countries is expected to pick up for the first time since 2010, helping reverse last year's slide in car sales which was driven by sharp contractions in both Russia and Brazil. Low gasoline prices, improving household balance sheet...
A train carrying BMW's X-badged SUVs and crossovers from BMW's manufacturing plant in the American state of South Carolina has derailed damaging 120 vehicles. These vehicles were on their way to the Port of Charleston, S.C., for export to overseas markets. BMW said damaged models include the BMW X3, X4, X5 and X6 but did not specify how many of each model was damaged. The vehicles were heading to Charleston from BMW’s plant near Spartanburg, S.C., which exports about 70 percent of all X models manufactured at the plant. BMW personnel are traveling to the scene and will...
