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...
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...
Nissan may have gotten huge North America profits but it didn't stop the company from feeling concerned.The extra car sales are being appreciated a lot by CEO Carlos Ghosn but does it mean now they depend too on the U.S.? The company needs to rebalance its global footprint to tap other profit centers. The company isn't planning to reduce the profit on North America but simply wants to find some new pillars of profit by the time the auto sales in North America go down. The company realizes that the economy of U.S. started to slow down and the country won't bring profits forever.&nbs...
Hyundai and its affiliate Kia sold an impressive number of 146,400 cars in the Chinese market last month, accounting for a combined 9.2 percent of the market. The CEO of Hyundai Motor America, Dave Zuchowski, has plenty of changes and challenges to deal with in order to reach a similar success on the U.S. market.In April the two automakers sold in China a total of 1.6 million cars. They took up over 9 percent of the Chinese market for the first time this year. Their combined market share continued to grow from 6.1 percent in January to 7.7 percent in February...
Recent news about U.S. car recalls because of technical problems with Takata airbags have to be completed with new details from Toyota Motor Corp. that is recalling almost 1.6 million additional vehicles for front passenger side Takata airbag inflators that could rupture.Faulty Takata inflators have been linked to more than 100 injuries and 13 deaths worldwide. Toyota said the new recall includes some but not all Corolla, Matrix, Yaris, 4Runner, Sienna, Scion xB, Lexus ES, GX and IS vehicles built between 2006 and 2011. This report will be folowed by data from other 17 auto...
Ride sharing apps that could compete with Uber for example, are one of the current interests of Apple. With sales of iPhones slowing, the company decided to diversify its investments and it will provide about $1 billion for the development of the Chinese-based Didi ride sharing app. Didi materialized last year and it became China’s largest ride sharing app. Additional services provided by Didi include taxi and private car services and even test drives. Apple CEO Tim Cook said they are extremely impressed by the business Didi have built and their excelle...
