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...
Nissan may have gotten huge North America profits but it didn't stop the company from feeling concerned.The extra car sales are being appreciated a lot by CEO Carlos Ghosn but does it mean now they depend too on the U.S.? The company needs to rebalance its global footprint to tap other profit centers. The company isn't planning to reduce the profit on North America but simply wants to find some new pillars of profit by the time the auto sales in North America go down. The company realizes that the economy of U.S. started to slow down and the country won't bring profits forever.&nbs...
New cars sold in U.S. in May and June will retain about 47,8% of their sticker prices, which is down from the current 52% value for three-year-old vehicles. Customers will have a strong credit availability, five years of high residual value retention rates are predicted thanks to increased demand for new vehicles, and of course the low prices for gas. It's been revealed that for six straight years, U.S. light-vehicles sales have been growing, the record of 17,5 million vehicles sold a year ago is included too. Another 3,3% of sales grew were registered for first four month...
Audi is one of the brands that benefits from the strong SUV demand among car buyers. Audi's global vehicle sales rose 7.5 percent to 164,350 last month, boosted by gains in Europe, the U.S. and China and especially by a higher demand for its SUVs. Audi's sales boss, Dietmar Voggenreiter, declared that the company continued to increase sales in all of the core regions, which reflects the sound balance of the business. SUV sales last month jumped 17 percent to 52,150, accounting for nearly a third of overall brand deliveries. Sales of the latest Q7 model were up...
It was reported that 164.063 Mercedes vehicles were sold this April worldwide, which is more than last year's April for approximately 11%. The first four months of the year sold around 650.000 units, which is definitely a good record for the company.This April is considered to be the 38th consecutive record month for Mercedes-Benz sales. The company sales grew up to 11% thanks to strong delivers in Europe and China, which helped offset flat demand in the U.S.Ola Kaellenius, the sales chief of Mercedes sales said the company had a good start to the second quarter because...
The advent of Uber and Lyft marked a shift towards on-demand and shared mobility, and promises to require changes of the game for commuters and carmakers. More and more people realize that vehicles have high up-front costs to own and depreciate swiftly, but they aren't necessarily heavily utilized.The possible on-demand revolution will for sure affect automakers. The analysts acknowledge that the proliferation of on-demand vehicles could ultimately reduce the number of cars on the road in the U.S. by more than 25 million, with population density serving as a key determinant ...
