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...
The International Council of Transportation has published recently a very interesting analysis of the California electric market. It provided a great overview of the effects of different policies and promotional activities in effect there through 2015, as well as lessons for other locations.This analysis was based around city-level data on electric vehicles for 30 different cities, including adoption rates, public charging infrastructure availability, model availability, promotional efforts, incentives, etc. Electric vehicle adoption rates in many Californian cities are much higher than elsewh...
It is absolutely clear already that the U.S. car market won't set another record this year, and will decline from 2015's record in the next few years, these words were finally told by the Honda Motor Co's top American sales executive. The industry will sell 17.3 million to 17.5 million light vehicles this year, this could almost reach the last year's record of 17.5 million. Honda’s John Mendel told reporters Thursday on a conference call. Beyond 2017, sales should run between 16 million and 17 million, he said, barring any major shocks, such as a sharp increase...
The US auto sales have been booming for the past few years, and some of the upsurge has been driven by so-called “subprime” lending and by extended terms on loans. As we tend to have the most positive expectations, we can not exclude the worry among market observers who don't think sales can be sustained at their current near-record levels. When the counting is all-done in 2016, we will possibly not see such good sales results as in 2015 when a record of 17.5 million new cars and trucks rolled off dealer lots. We can still expect for 17.3 million this year. A slight ...
The U.S. should maintain President Barack Obama’s 2025 automotive fuel-economy target because the goal spurs innovation and job growth. By setting a long-term target similar to those of the European Union, Japan and China, Obama is providing the auto industry with a stable market big enough to support sustained innovation. Obama wants average U.S. auto fuel economy to rise from 35.5 miles per gallon this year to a projected 50.8 mpg in 2025. His successor will make a preliminary decision next year on whether to stick with that goal. A recent technical assessment report by the...
Meet and greet a new car luxury marque, the first one of the 21st century. It's been more than 25 years since a major automaker launched a luxury brand, the times of Infiniti and Lexus joining the U.S. market as the luxury vehicles of Nissan and Toyota. In the next 18 months you need to expect for the Korean carmaker to peddle its G80 and G90 sedans, both are descendants of products which used to be once under Hyundai's brand. Meanwhile, the brand is challenging its brand image, promoting it from scratch to scratch, and conveying it to consumers. The automaker know...
