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...
Consumers have a short memory when it comes to gas prices. When they go down, buyers rush out to trade their small, economical hatchback for a large, three-row SUV. That’s what happened in 2017 when gas prices dropped and small cars were traded into dealers on large cars and trucks. Now, oil prices are rising and Automotive News reports that people want their small cars back. But due to a lack of supply used prices are currently rising on small cars. Some analysts believe a seasonal uptick is responsible for the increased demand, while others point to industry decisions by maj...
Audi is happy to report that its SUV models are selling very well this year. Since the beginning of 2018, the German car maker has delivered approximately 287,500 models from its Q crossover and SUV lineup, which translates into 36.6 percent of its total sales. By 2025, the brand estimates that SUVs will become the most important sector for Audi, accounting for more than 50 percent of its deliveries. Simply put, by that year, one in every two new Audi vehicles will be an SUV. Interestingly, this target is already achieved on the North American market, where the Q models account for ...
At its annual meeting, Audi announced an ambitious plan to make 20 new electric vehicles by 2025, most of them battery electrics. The car maker says that it will invest $47.6 billion into electrified cars, a new app platform for its cars, a new fleet of autonomous vehicles, and creating sustainable factories. The investment represents about two years of revenue for the company. As a first step, Audi announced that it will reveal the production version of its new e-Tron electric SUV on August 30. It should have 300-mile range and slots between the size of the current Q5 and Q7. It wi...
About a third of the 17 million cars expected to be sold in the U.S. this year are leased. The rest of them are purchased. However, there’s a new option for drivers coming in 2018 – car subscriptions. It is addressed to people that do not want to own a car but want to have access to a range of cars whenever they want. So, by paying a monthly fee to access a variety of vehicles they can change up when they want. The flat fee starts from $400 and gets to as much as $3,700, depending on the company, and most often comes with insurance, maintenance, roadside assistance, pick...
Just like we have previously reported you, April wasn’t the best month for major automakers. Ford, Nissan, Fiat Chrysler and even Toyota have presented low car sales data, and here it comes Subaru with the best April in its history.The gain is entirely attributable to the Crosstrek, which is all-new for 2018. Sales of the compact, raised crossover climbed almost 70 percent for the month to 12,266. Year to date, Subaru has sold 45,728 Crosstreks, an increase of 66.6 percent. That helped push Subaru's total U.S. sales to 53,170 in April and 202,873 fo...
