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...
In July 2016, US truck sales stood at 0.92 million units, which is 8.7% higher than the 0.85 million units in July 2015. By contrast, US car sales in July 2016 fell to 0.58 million units as compared to 0.65 million units in July 2015. This car sales data suggests a YoY (year-over-year) decline of 9.8%. Let’s take a closer look. The SAAR (seasonally adjusted annual rate) of US truck sales jumped to 10.91 million in July 2016, which was much higher than the SAAR of 10.1 million units one month previously. In July 2015, the SAAR of US truck sales was reported at 9.97 million vehi...
The US is the largest auto market in the whole North America, that's why General Motors, Ford Motor, and Fiat Chrysler Automobiles are highly dependent on the US market for their largest chunks of revenue. Here's a closer look to the US auto sales data for July. Total auto sales in the US stood at 1.51 million units, which was higher than the US vehicle sales of 1.50 million vehicle units in July 2015. In 2015 car sales have been at their peak, reaching the highest results with 17.4 million vehicles sold during the year. This was able to boost the confidence of automake...
Last year the U.S. auto sales set an all-time record for the first time in 15 years. The slow but steady economic recovery, low interest rates and depressed gas prices managed to make the 2015 economic environment a carmaker's dream. Unfortunately, this dream may morph into a full-fledged nightmare in just a few short years at least for members of the industry establishment like Ford Motor Co. (ticker: F), General Motors Co. (GM), Honda Motor Co. (HMC) and Toyota Motor Corp. (TM) If we take a look at the U.S. vehicle sales in 2016 thus far, we'd see no particular reason to p...
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 ...
It's not a secret that the auto sales cycle may be turning stormy. Still, that doesn’t mean it is time to batten down the hatches. For those with a little faith in the future, Nissan Motor looks like a bargain. The U.S. auto sales appear to have downshifted for now. This spells tough times for Japan’s auto makers, which count the U.S. among their biggest markets. Toyota Motor Corporation is also feeling more profit-sapping pain from the strong yen. This is due to the fact that a large portion of the vehicles it sells in the U.S. are imports from Japan. Honda and Niss...
