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 headlines for Hyundai Motor America's 2016 sales results were the kind any automaker would be proud of: Despite a car-heavy lineup, tight crossover supplies and thin incentive support, Hyundai and the new Genesis brand combined for a seventh consecutive year of record sales. But how Hyundai got there raises questions about the brand's sales tactics and its prospects heading into a softening market, including whether it relies too heavily on sales to rental agencies and to dealerships themselves, dealers and people familiar with Hyundai's sales operations say. The str...
We were already convinced Austin won’t be affected by the US car market getting cooler, since it had such a great 2017 start, but it seems like nothing’s forever. According to sales at Austin dealerships consumers bought only 10,919 new vehicles during this month, comparing to 11,183 cars the same month last year. The recent slowdown is in contrast to the first two months of the year, which saw booming sales. January car sales were up 10.4 percent and February sales surged 22.4 percent over the same months in 2016. Thanks to that strong start, through the end of May...
Auto supplier Robert Bosch is investing $1,1 billion in its semiconductor plant. The company has never made such big investments before, which means this deal it’s planning right now is really worth it. The factory in Dresden, Germany, will start producing chips needed for autonomous vehicles, smart homes and Internet-linked city infrastructure in 2021. It’ll employ as many as 700 workers once construction is complete in 2019. Bosch, known as a maker of traditional car parts such as braking systems and combustion engines, is also a long-time software developer and is inc...
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...
Analysts are lowering estimates for 2017 vehicle sales after five months of industrywide deliveries declining from a year earlier. Among the reasons: automakers are showing more restraint on discounts than expected and gridlock in Washington reduces the likelihood of a second-half surge. Analysts reduced their full-year projections this spring, dialing the consensus back to 17.2 million light vehicles. The industry set a record with 17.55 million cars and light trucks sold last year, aided by a jump in shipments to rental-car companies and other fleet buyers. The auto industry has b...
