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...
U.S. auto sales are down 2% this August, by totaling 16,14 million. We’ve got to admit that we expected to see even worse car sales data from the big three Detroit automakers, but as Houston area replaces flood-damaged cars and trucks after Hurricane Harvey, their shares got higher. General Motors, Ford and Fiat Chrysler posted mixed August U.S. sales, with GM up 7.5 percent and Ford and Fiat Chrysler down. Japanese automaker Toyota improved sales by nearly 7 percent, Honda's sales fell 2.4 percent. Still, analysts focused on the potentia...
Aston Martin aims to boost its market share in the U.S. and Japan to mitigate against any risks from Brexit which could add costs and delays to sales to the European Union. Around 20 percent of the brand's top-end cars are currently exported to the United States whilst 15 percent are sold to the European Union, with whom unfettered tariff-free trade is at risk depending on the outcome of Brexit talks. Aston Martin CEO Andy Palmer said the carmaker has ploughed resources into boosting demand in the world's biggest economy since the June 23 Brexit vote last year.&nbs...
Some credible sources have told us that The Escape plug-in hybrid, Ford Expedition hybrid and Lincoln Navigator hybrid are scheduled for release in 2019. Ford will have a lot of hybrids on the market in just one year, so we’ve been wondering if this means that the automaker will mainly focus on hybrids. Do you also remember that in January, the automaker identified seven of the other models, including hybrid versions of the Mustang and F-150 to be available by 2020? Ford is investing $4.5 billion to develop these 13 vehicles. Adding hybrid versions of Ford's biggest SUVs m...
Revenues at car repairs and auto-parts stores are rising despite the slump in the U.S. auto sales this year. But why is there such a bid difference between these 3, when they are basically bounded to each other? Well, old vehicles are grinding out more miles, and need replacement parts and repairs almost each month. The vehicle fleet is still getting older every single year, in spite of our record sales, So you’ve got a significantly larger population of vehicles that require service and are coming in for service pretty regularly. Car dealers didn’t use to handle so...
Since the car sales have been rising in U.S. for 7 years, of course that the value of used cars we’ve got parked in our garages would dent. There are hundreds and thousands of new cars rolling out of dealerships lots and this means they instantly become used cars. The secondary market is glutted and the pace of depreciation is rapidly accelerating. Your not-that-old car might not be a clunker quite yet, but it's probably a lot closer than you think. The average used car lost 17 percent of its value in the past 12 months, dropping from $18,400 to $15,300. That annual deprec...
