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...
Compact SUVs this year were able to outsold the sedans in US, which might be a big step for them, but for sedans it means they are not popular anymore, and the sedans sales decreased a lot. In 2015, for the first time ever, compact SUVs outsold sedans in the U.S. Consumers continued to ditch sedans for SUVs this year. For example, while still the best-selling sedan in the U.S., sales of the Toyota Camry dropped ten percent in 2016. Sales of other formerly popular sedans plummeted even further. Gas prices remain low, and SUVs are a lot more fuel efficient than they used to be. &...
As 2016 is almost over, the U.S. auto market is on the verge of setting a new sales record, beating last year's mark of 17.5 million new cars and trucks. Auto sales have been booming for several years, powered by a combination of cheap gas, easy credit, and pent-up demand. And with the unemployment rate now below 5%, there are plenty of Americans who now need a reliable, technologically up-to-date vehicle to get to and from work. Although some analysts think the market has plateaued and that there's no more growth to be had, the fundamentals point to continued strong sales b...
The U.S. automotive business appears to be easing off the accelerator a bit heading into 2017. The bottom line of sales (rates) are still pretty high, but they are plateauing and it is taking more effort in terms of promotion and incentives to keep sales higher. And the specialists expect that will be more of the same next year. With sales leveling off, inventories are rising. When inventories rise, automakers put more incentives on. Incentives are the highest they have been in a long time. There are certain cars that are absolute bargains, especially compact, subcompact and midsize...
Even with a booming U.S. car market, the only safe jobs of late have been building pickups and sport utility vehicles. But it seems like, these jobs aren't that safe anymore since already two automakers decided to stop producing at their few plants in USA and Canada. Within the next month, General Motors Co. plans to permanently cut about 3,300 employees at three car plants, as the largest U.S. automaker slashes production of models including the Chevrolet Cruze compact. The Detroit-based company also plans to temporarily lay off employees across five of its U.S. car factories, ...
Since many new car dealerships feel a strong competition in online e-commerce, used car dealers now fear of car vending machine. And no, it's not something impossible, it's totally real. And no, you can't shake it to get a free one. An online used car retailer opened its newest "vending machine" last week in Houston, where the gleaming, glass-encased structure sits right off a busy freeway. The eight-storey automated garage- three levels higher than the first version which debuted in Nashville a year ago - holds 30 cars. It dispenses used vehicles in four deliv...
