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...
The US car sales are down and of course, Amarillo is not an exception. It's been revealed that local dealers sell 21% less new cars, comparing to the same month last year. New auto sales have dropped 0.2% across the nation. It includes the first three-month consecutive decline the car market has seen since the recession. Cars tend to sell better in spring and summer than fall for myriad reasons, Amarillo National Bank senior vice president John T. McElyea said. Parents will buy new vehicles in anticipation of summer vacation road trips. When their kids return to school in the fa...
Ford Motor Co., looking to bounce back from a 12% sales decline in October, has launched a Black Friday clearance sale several weeks before those sales typically take place. The automaker is offering $1,000 “Black Friday Cash” rebates on 2016 and 2017 model-year vehicles, in addition to other offers. For years, automakers didn’t aggressively participate in Black Friday merchandising, instead relying on year-end clearances. In addition to tagging its sale as a Black Friday promotion, Ford is also calling the sale a “year-end event.” A spate of Black Frid...
BHP Billiton is hot for electric vehicles. The Australian resources giant, which mines metals and coal used for both steelmaking and fueling power plants, is increasingly optimistic that there will be a surge in demand for some of its products as consumers opt for electric vehicles and other renewable energy technologies. Fiona Wild, BHP’s vice president, says that as we see more renewables and EVs, we also will see an impact on copper demand. One million EVs were sold between 2010 and 2015, largely driven by regulatory mandates in important auto markets including the US, Chi...
Despite the increased consumer discounts on so many popular models, U.S. auto sales fell approximately 6%. The seasonally adjusted annualized rate including an estimate of sales by No. 2 U.S. automaker Ford Motor Co showed sales at 17.9 million. General Motors Co October sales fell a less-than-forecast 1.7%. Sales of its smaller pickups and big SUVs surged while sedan sales fell. U.S. vice president of Nissan brand sales for Nissan Motor Co said favorable economic factors point to strong sales in the remainder of 2016. This year is likely to end slightly below last year's record...
General Motors, as well as other automakers, report October U.S. sales, amid concerns about waning demand, a potentially maxed-out auto-loan market and incentives' impacts on profits. However, Ford Motor will not be among them, as the automaker said that it will release results later this week due to a fire at its Dearborn, Michigan, headquarters that knocked out power to data systems. General Motors, meanwhile, was expected to report October sales of 246,512 autos, down 6.3% year over year. U.S. sales for Fiat Chrysler Automobiles are seen falling 10.6% to 178,2...