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...
You have probably heard about the powerful flooding in Louisiana, the storms which began on Thursday, dumped more than two feet of rain in three days. Rivers from across the state slowly started to recede record high levels, and many vehicles got destroyed because of the disaster created. The concrete number of destroyed cars wasn't announced yet, but it's not a secret that hundreds of cars had to suffer. The owners of these vehicles are protected by the law, which says the half of them will go back to dealerships. Through Monday were already reported 8.670 vehicle clai...
The U.S. automotive industry has been through a rough few years filled with massive recalls, congressional hearings, record fines, and allegations, at times, of a careless, shoddy approach to safety. Still, this does not prevent them to buy cars and trucks at record levels and at record prices. John Humphrey, senior vice president of J.D. Power’s global automotive practice, said that the number of recalls is very big and yet the industry is selling more cars than ever. Legendary consumer safety advocate Ralph Nader said that the cars are much safer, less polluting, modestly f...
As it was revealed after, US markets didn't do much in Friday's trading session. Weakness in US retail sales is already being felt, from an economic perspective the retail sales data wasn't to healthy. Sales for the month of July were flat, against expectations of a 0.4% gain. Excluding car sales, retail spending dropped 0.3%. The US car market looks like is betting it will never get to the end of it. There are always reasons for “data-dependent” to hold off. That is the reason why stocks are trading at-all time highs, even while the economy limps along like ...
Last year the U.S. auto sales set an all-time record for the first time in 15 years. The slow but steady economic recovery, low interest rates and depressed gas prices managed to make the 2015 economic environment a carmaker's dream. Unfortunately, this dream may morph into a full-fledged nightmare in just a few short years at least for members of the industry establishment like Ford Motor Co. (ticker: F), General Motors Co. (GM), Honda Motor Co. (HMC) and Toyota Motor Corp. (TM) If we take a look at the U.S. vehicle sales in 2016 thus far, we'd see no particular reason to p...
The 2017 Fiat 124 Spider is stylish, fun to drive and priced well under $30,000 for all but the top version. It's easily the best car in Fiat's four-vehicle U.S. lineup and a worthy successor to the storied original Fiat 124 Spider that debuted in November 1966. But the reincarnation of that iconic Italian sports car is built in Japan by Mazda. The two-seat convertible coupe -- powered by a turbocharged inline-four -- shares a platform with Mazda's MX-5 Miata, and the cars are built in the same plant. But the 124 Spider has a Fiat engine and transmission that together pro...
