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 Chinese company that owns Volvo called Geely has just acquired the startup behind the world's most promising flying car. Known for the impressive vertical takeoff and landing vehicle called the "Transition," Terrafugia is the company that's come the closest to making flying cars a reality. Now, thanks to Geely's deep pockets, it looks like we could soon be seeing winged Volvos soaring over the freeway. While there are other companies out there experimenting with futuristic hybrid vehicles, Terrafugia is arguably the first to make a truly convincing prototyp...
For the first time starting in 2019 Ford Motor Co. will export vehicles from China to the U.S.. The automaker plans to move the production of its Ford Focus small car from U.S. to China. Sales of small cars have dropped sharply in the U.S. and companies are seeking to cut costs making them. Ford's president of global operations Joe Hinrichs said the move to China will save the company $1 billion, including $500 million for canceling plans to build the Focus in Mexico. Wary of the response from President Donald Trump, who has criticized Ford for making vehicles outside the U.S., ...
Analysts have been predicting that 2017 will be the year when US car sales will slow down, and considering the low sales presented by the automakers for last month, it’s not that hard to believe them. But, after missing the sales boom on the past two years and serially downgrading their expectations for traditionally automaker stocks while sending speculative investments on profitless Tesla in the stratosphere, they've now lined up to foretell the vast disruption that ride-sharing will bring the business. All this talk about catastrophe and the future of US car sales is be...
Total US auto sales in May stood at 1,51 million vehicle units, which is about 0.5 lower than the car sales in US last year for the same month. Still, the May US auto sales figures were much stronger than its ~1.42 million vehicle units sold in April 2017. In May 2017, the US small car sales fell 9.3% YoY (year-over-year), while US truck sales rose 6.0% YoY. Weak small car sales were the primary reason for the overall lower US auto sales in May. US auto sales have dropped 2.0% YoY in the first five months of 2017 to ~6.98 million vehicle units. The US is the largest auto market in N...
People say everything beautiful comes to an end, this might sound not so optimistic, but considering the thing that the US auto sales boom is over, these words might be true. The sales pace for May came in under 17 million for a fourth consecutive month, signaling that another record year is unlikely. The best case is that 2017 will match 2016's 17.55 million. A pace of 18 million hasn't looked probable for some time, and in any case after two boom years, a jump of 500,000 vehicles sold by the end of 2017 would be a very hot market indeed. Specialists say that if we wan...
