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 past few years have been a great time for the U.S. car dealers, while manufacturers haven't had it quite so good as retailers. At the same time many auto dealers complained they were often short of the products their customers wanted to buy, and it's pertinent to notice in this context that the factories still make too many vehicles for which there's no demand. Things are going to change soon in the U.S. economy, which will make sales even more exciting for dealers and manufacturers. The American car business will become more dicey for globa...
After a survey a huge revelation was made, dealerships are vulnerable to cyberattacks which might bring to putting in danger the personal information of customers. The study shows that after such attacks the possibility of a buyer to come back again is close to minimum, also this lost data would prove an immediate business threat to dealerships. A firm from New York surveyed 2000 dealerships in five states, in order to show the importance of security. After the client realizes his data got compromised he would never buy something from here again, that's what 84% of the respondents ans...
Many of us think that there are way too many dealerships, with a bit too large collection of cars in their inventories. The question is how to persuade American buyers to change their buying habits and finally say yes to built to order cars. No matter how and what, you can't have everything at the same time and if people start approving the new idea, dealers and important brands will have to loose from it. There will always be buyers who don't want to wait and will take what's offered. There are many cases when the buyer has the chance to get a special car, with al...
The growing popularity of crossovers and SUVs on the U.S. market is no more a secret, but lately more and more experts speak about a sweeping growth of the hatchbacks demand. The U.S. market for hatchbacks is expected to grow faster than any of the other nine vehicle body styles according to the results of a specialized research. As specialists expect a 37 percent growth in U.S. hatch sales through to 2020, to 1.1 million vehicles, some of the biggest automakers are supplementing their car lineups with five-doors. Potential high-volume entries such as the Honda Civic and Ch...
It's time to forget about those high cost of meeting new fuel economy standards and massive investments needed for autonomous vehicles, the biggest problem in the profitability of the automakers might be the buyers and their impatience.Less than 5% of new vehicles in U.S. in 2015 were built to customer order, which is so much lower than in Europe were about 50% of the vehicles were produced on customer orders. Did you know that for U.S. dealers it means thousands of dollars in extra floorplan expenses while for automakers it's a huge advertising and incentive costs for each unsold vehi...