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...
BMW AG is going to revive North America output of its best-selling U.S. model, at the same time it will begin producing the next-generation 3-series sedan in a new factory in Mexico starting in 2019. The company will probably build another vehicle, but first of all it plans on making 150,000 3-series cars. Yes, if you're thinking about the money than you're right, the company had to invest $1 billion which was its first step to planting the root in the second North American manufacturing hub. You have probably observed already that the 3-series was one of the best selling lu...
Do you know which make now can be called as the world's most valuable car brand? Toyota got the title, winning to Mercedes-Benz and BMW once again. Speaking of winners, looks like Tesla makes its way to the top too, being placed for the first time in top 10. This challenge between auto companies is rising each year, while the sales are starting to slow down.According to the Top 100 Most Valuable Global Brands Toyota's brand value rose 2% to $29.5 billion. The company made it by continuing its emphasis on improving the customer's experience, and by a consistent raise of its val...
Toyota is heading into the summer with sales on the decline. While nearly all automakers reported sales problems this May, Toyota Motor's U.S. sales tumbled 9.6% last month.Almost all of the automaker's models posted sales declines.The automaker's namesake Toyota brand sold 192,657 vehicles, down 9.5% compared to the same period a year earlier. Sales of the luxury Lexus brand declined 10.1% to 26,682. In such a way analysts projecting declines for most major manufacturers in May, compared to the same month a year ago, were right. But Toyota suffered i...
As it's been predicted the auto sales started to go down. Looks like for the first time in 6 years U.S. auto industry recorded such big monthly sales drop results. May volume fell 6.1% to 1.5 million vehicles. Even the low gasoline prices failed on stopping the car sales drop. Only some domestic brands as: Fiat Chrysler, Subaru, Kia and Hyundai managed increases this May. Even with this strong drop the annual sales didn't become much worse than in 2015, 17,46 million vehicles versus 17.47 million last year. Ford Motor Co. still has some optimistic thoughts on that even ...
Jaguar Land Rover has recently reported record sales and a 10 per cent rise in revenues, but this didn't increase the annual profits of the carmaker. On the contrary, annual profits at Jaguar Land Rover have paradoxically fallen 40 per cent.This year the British automaker's sales increased 13 per cent to 521,571, and it is the first time the company has broken through the half-million sales barrier. JLR said its pre-tax profits fell down considerably a year earlier, primarily reflecting market conditions during the first half of the year, especially in Chi...
