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 days of auto sales increasing are reaching their end this month, at least that's what J.D. Power and LMC Automotive think.This May wasn't this friendly to new car sales, that is why they will fall down to 5.7% from the same month last year. The reason of such a decrease is partly because this year has two fewer selling days. That's how the seasonally adjusted annualized rate will slip to 17.4 million vehicles from 17.71 million in May a year earlier. This April, had the same adjusted annualized results as this May may have. Because of these runnin...
Ford Motor Company does business in a vast number of markets across the globe, no wonder it's quite interesting and not so easy to follow the up and down momentum of Ford's sales in its three most important markets: China, Europe and, of course, the United States.On Friday Ford announced its total sales in Europe rose 4.7% during April as Europe's automotive market continues to expand. The last month was an especially solid period for commercial vehicles, SUVs, performance cars, and higher priced trims. Commercial vehicles continues to be a strength for For...
German media reported that U.S. threatens to prevent the easing of export controls on European cars, so they could force Europe on buying more agricultural products of U.S. It's been also said that U.S. has blocked a European call to replace private arbitration tribunals which are responsible for corporative lawsuits. Greenpeace is opposing the proposed Transatlantic Trade and Investment Partnership, mentioning that it would hand too much power to big business at the expense of consumers and national governments. TTIP could deliver $100 billion of economic gains on both...
Mini attempts to define its future product portfolio. Bringing Mini back from the dead in 2001 was far from easy for parent company BMW and its R&D department. The Cooper turned out to be an automotive phenomenon at the time and a massive sales success, but the following models were not so lucky.The arrival of the second-gen models contributed to the fact that sales were up 10 percent in 2015. But most new Minis simply haven’t been as hot as those first cars were. It’s easy to understand why to a certain extent; the hype and excitement around the brand...
Company mergers in the modern automotive industry has become a common practice. More and more specialists declare that the auto industry should consolidate further to cope with rising development costs. As thus, Fiat Chrysler Automobiles Chairman John Elkann renewed a push to merge the company with one of the auto industry’s “big guys”, saying savings could top $10 billion a year.Even with developments like car sharing and self-driving vehicles, Fiat Chrysler’s major competitors should consider the potential benefits of a merger because the bulk of their ...
