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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...

  • Ford promises fully autonomous vehicle in 5 years
    16 Aug 2016

    Ford today announced plans to build a fully autonomous vehicle within five years. The car will have no steering wheel, gas pedal or brake pedal, and it will be used for ride-sharing or ride hailing services. Ford made no mention of when the public will be able to buy such a vehicle.“The next decade will be defined by automation of the automobile, and we see autonomous vehicles as having as significant an impact on society as Ford’s moving assembly line did 100 years ago,” said Mark Fields, Ford president and CEO. Ford's entry will be a high-volume SAE level 4 autonomous v...

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  • GM starts a new program to help its dealers!
    15 Aug 2016

    It's been revealed, that General Motors has payed money to its dealers for 7 years already. All these years more than $5 billion were offered to GM dealerships, under the EBE program. But now, that most of them have done some shiny makeovers, there's no need to make some extra, right?  GM has decided to keep that spigot open for any of its Chevrolet, Buick, and GMC dealers who jump though the necessary hoops under the brand standards program called Essential Brand Elements. The cash will be an incentive for dealers to keep those stores modern with new video displays...

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  • The auto industry is in trouble?
    11 Aug 2016

    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...

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  • Hillary Clinton knows how to make carmakers invest in US?
    11 Aug 2016

    Hillary Clinton has made a distinction between her and Donald Trump, her rival for the U.S. president post. She has painted herself as the person who fights for income fairness and middle-class workers. The Democratic lady told to the crowd of 500 people at the Futuristic Tool and Engineering event that she plans to invest in infrastructure, offer new tax credits, encourage corporate profit-sharing and paid apprenticeships.  She promised she will do wherever it takes to bring the U.S. auto companies back, which are investing outside of the country in order to avoid the huge taxes, by...

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  • Hyundai and Kia Report 6.7% Growth in U.S. Sales in July
    10 Aug 2016

    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 ...

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