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 4.1% decline in U.S. new-vehicle sales in August provided more evidence of plateauing of consumer demand. The numbers further underscored the waning interest of buyers for sedans, especially in the midsize category. The U.S. automotive market's six-year recovery following the global financial crisis has been carried mostly by trucks, SUVs and crossovers. In August, for example, Toyota's (TM) RAV4 midsize crossover for the first time outsold the Japanese automaker's best-selling Camry sedan, 33,171 to 32,864. For Nissan (NSANY), the automaker's Rogue crossover in...
As we already know U.S. car sales declined by nearly 4% this August, that's a year-over-year drop which followed flatlining sales over the previous three months. Bucking the trend to no small degree in august was capacity-constrained Subaru, which earned 4% of the market by selling more than 60,000 new vehicles for the first time in the company's history. Subaru's discounts were 78% below the industry average. It's been already two years since the car manufacturer reported record sales of 50,246 units. It was also August 2014, and after the brand continued to s...
The biggest winners in US car sales this August were Ford, Nissan and Kia. They are the reason car sales have seen a growth of 4.6% this month, it puts the industry back on track to top 1.2 million sales for 2016. More than 94,900 cars were sold in August, for a year-to-date total of 784,330-puts the market on track to break ist previous record of 1,155,408 sales set in 2015. Toyota's Camry stands strong for another month with 2458 units sold out, it has become the top selling Australian-made car. Camry has beaten up Holden Commodore and Ford Falcon. Corolla also boosted Toyota's ...
Luxury automaker Lamborghini expects to at least double production to 7,000 vehicles a year by 2019 once it rolls out a new SUV, but it will not lose its focus on making sports cars, Chief Executive Officer Stefano Domenicali said Tuesday. Domenicali said the company plans to cap yearly production of its supercars at 3,500. He also expects SUV production will be at least as high but could be higher depending on demand. The SUV, based on the Urus concept, will go on sale in 2018 starting at around $200,000 and will be built alongside the Huracan and Aventador supercars at the brand's ...
Global car sales have gained momentum this year, rising a stronger-than-expected 5% through July. While gains are expected to moderate through year-end, strengthening labour markets and improving financial conditions suggest that the upswing will continue in 2017. There are still nearly 50 million vehicles on the road in the United States that were built prior to the new millennium, and as a result U.S. purchases are expected to continue to move higher for the remainder of the year and in 2017. Carlos Gomes, Senior Economist and Auto Industry Specialist at Scotiabank, said that the ...
