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Spring is the Best Time to Buy a car!

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...

  • Automakers' profits to drop considerably after the U.K. leaves the U.E.
    26 Jun 2016

    The recent decision of the United Kingdom to abandon the European Union, makes analysts forecast that automakers' profits will drop by billions of dollars and new-vehicle sales will be cut by nearly a million units over the next three years.After the results of the historic vote were announced the shares of suppliers and dealership groups with significant exposure to the U.K., as well as Fiat Chrysler Automobiles became particularly vulnerable. The U.K. auto market has surged in recent years to hit a record high of 2.6 million cars in 2015. Ninety percent of those vehic...

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  • The worldwide stock prices fall because of UK's departure!
    24 Jun 2016

    After UK announced its decision of leaving European Union a huge scandal in auto industry has started. First of all you should know that the auto industry was affected a lot, stock prices across the world have taken a huge hit following Brexit. Have you wondered how do investors feel like now? Their confidence has dropped across many sectors, of course auto industry is one of them.  Considering the country is one of the largest manufacturing hubs in Europe, it now has to make a decision upon the way it will move on from this exit. The most important question here is will Europe and U...

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  • Maserati is ready to recall its Quattroporte and Ghibli!
    23 Jun 2016

    National Highway Safety Administration's website has revealed that a new auto brand is preparing for a recall. Can you guess which one? It looks like too many luxurious brands have tough times this year, considering even Maserati is preparing for a recall. The company is planning to test and make fix if necessary more than 13,000 2014 Quattroporte and Ghibli sedans. The problem that stays behind is a counter-intuitive gear shift lever, that may lead drivers to believing the car is in park while it's not so, that may lead to rolling the car away.  The parent of Maser...

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  • The U.S. Car Quality Has Improved Thanks To Korean Brands!
    22 Jun 2016

    Looks like car manufacturers have finally understood the importance of the quality and that is why they started to provide better cars. A survey revealed that the new vehicles sold in U.S. this year have a higher quality than previously. Don't get perplexed because there are much more surprises for you this time.  As we are used to traditionally European and Japanese luxury cars have dominated the IQS, but not and this time. Yeah, a lot of improvements have come at a near-record pace. The study that was based on the answers of 80.000 Americans who bought cars this year shows that...

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  • U.S. Auto Cycle Has Reached Its Peak
    21 Jun 2016

    As we've wrote earlier the U.S. auto sales have been weaker this year than expected, we felt it good after the May sales results got revealed and it seems like only GM  will have a sales growth going forward, while the rest of the car manufacturers seem to go weaker. Many consumers are focusing on leases and that might be the main reason why auto sales cooled down this much and are only higher by only 1.8% year-to-date.The Bank of America Analysts are concluding that the auto industry is entering the top of the eighth inning. One of these analysts named John Murphy says that the ...

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