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...
Japanese automakers Toyota Motor and Nissan Group posted U.S. sales increases in September, while Honda sales were flat, despite projections of an overall industry decline for the month. Toyota's sales rose 1.5% for the month to 197,260 vehicles, as the company's namesake Toyota brand rose 1.4% and its luxury Lexus brand increased 2%. American Honda sold 133,655 units in September, just 95 fewer than it sold a year earlier. The namesake Honda brand recorded a 1.5% increase, while the Acura luxury brand fell 12.9%. Nissan Group posted a surprisingly strong month for U.S. sale...
The International Council of Transportation has published recently a very interesting analysis of the California electric market. It provided a great overview of the effects of different policies and promotional activities in effect there through 2015, as well as lessons for other locations.This analysis was based around city-level data on electric vehicles for 30 different cities, including adoption rates, public charging infrastructure availability, model availability, promotional efforts, incentives, etc. Electric vehicle adoption rates in many Californian cities are much higher than elsewh...
This August the U.S. auto industry has posted a decline for the last month of the season, ending summer on a gloomy note. The customer demand has become to soften and that is why we have been expecting for such results. Even , which is of course a b ad sign for the automotive industry, since they are the top three automakers in U.S.. Because of this, we have lost the chance on setting a new year-to-year record sales. Almost all the carmakers missed estimates, as the long six years’ growth for the industry appeared to have come to a halt in August. Overall industry sales ...
The 4.1% decline in U.S. new-vehicle sales in August provided more evidence of plateauing of consumer demand. The numbers further underscored the waning interest of buyers for sedans, especially in the midsize category. The U.S. automotive market's six-year recovery following the global financial crisis has been carried mostly by trucks, SUVs and crossovers. In August, for example, Toyota's (TM) RAV4 midsize crossover for the first time outsold the Japanese automaker's best-selling Camry sedan, 33,171 to 32,864. For Nissan (NSANY), the automaker's Rogue crossover in...
Probably all of us know that the US automobile sector struggled to maintain sales momentum in August. Despite the fact that July was surprisingly robust, the industry recorded a major decline of 4.1% last month. Many automakers claim that they have reached a peak in demand. They also reported that they sold fewer vehicles, as reduced discounting kept customers from showrooms. The upside is that because everybody was counting on a small recession in the auto industry, stocks remained flat. This is also good news for the customers, who can expect sweeter deals, as incentives will be needed to sh...
