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 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...
Hyundai Motor Co. and its smaller affiliate, Kia Motors Corp., saw their combined U.S. sales rise by more than 6 percent in July, thanks in large part to strong sales in sport utility vehicles. The two South Korean auto giants sold 134,972 units in the U.S. market last month, up from 127,324 units in the same month last year, exceeding the country’s automobile industry average growth rate of 5.3 percent. Hyundai reported that its sales rose 5.6 percent from last year to 75,003 while Kia reported a total of 59,969 units, up 6.4 percent compared with a year ago. Both automakers ...
There are many signs already that U.S. new vehicle market has slowed down, at the end of July the reports have showed that the industry reached the strongest selling rate. Within July, sales were 1.1% ahead of last year's record pace. The selling rate has grown less than it was expected, that is why many automakers started to fight the stagnation with some powerful incentives. If all of these car brands are protecting their share, doesn't it mean the market is plateauing? The Ford's vice president said that the marketing is more competitive in the last six years. More th...
One of the main questions surrounding Tesla is its ability to ramp up production to satisfy the almost 400,000 existing Model 3 orders, and the hundreds of thousands of orders that are supposed to follow. Past isn’t necessarily indicative of the future, but on Tesla’s earnings call just now things didn’t sound all roses. The company ended up losing $293 million last quarter on a GAAP (Generally Accepted Accounting Principles) basis, and $150 million on a non-GAAP basis, which takes into account things like leases that GAAP generally doesn’t adjust for. ...
U.S. auto sales were expected to drop slightly in July. The weather was unusually hot and probably this kept buyers at home. According to sales figures for July, the substantial growth that lasted for more than five years in the resurgent U.S. automobile industry might finally be leveling off. Gains by Nissan and Honda last month were overshadowed by declines at the world's three largest automakers – Ford, General Motors and Toyota. Overall, U.S. auto sales increased by only 0.7 percent. The data shows that sales declined by 3 percent at Ford Motor Co., in July, 4 percent ...
