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...
Looks like car manufacturers have finally understood the importance of the quality and that is why they started to provide better cars. A survey revealed that the new vehicles sold in U.S. this year have a higher quality than previously. Don't get perplexed because there are much more surprises for you this time. As we are used to traditionally European and Japanese luxury cars have dominated the IQS, but not and this time. Yeah, a lot of improvements have come at a near-record pace. The study that was based on the answers of 80.000 Americans who bought cars this year shows that...
As we've wrote earlier the U.S. auto sales have been weaker this year than expected, we felt it good after the May sales results got revealed and it seems like only GM will have a sales growth going forward, while the rest of the car manufacturers seem to go weaker. Many consumers are focusing on leases and that might be the main reason why auto sales cooled down this much and are only higher by only 1.8% year-to-date.The Bank of America Analysts are concluding that the auto industry is entering the top of the eighth inning. One of these analysts named John Murphy says that the ...
Honda Motor expects its global sales to remain strong thanks to brisk sales in the U.S. and China. Japanese automaker expects its group operating profit to jump 19% to 600 billion yen ($5.58 billion) for the fiscal year ending March 2017.Through the previous year Honda had important expenses because of the recalls of vehicles with defective Takata air bags, including recalls demanded in May by U.S. authorities. Therefore, the matter will have no impact on earnings in the current fiscal year, as quality-related expenses are to decrease considerably. ...
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...
