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...
Leasing has surged as a share of new-vehicle transactions to impressive indexes in the fourth quarter of 2015, this being caused mainly by captive finance companies seeking to boost sales by keeping customers' monthly payments low. Leasing has been fairly rare in the used-vehicle market, but its share is growing. In such a way more and more lenders are offering leases on used and certified preowned vehicles.This strategy is meant to cope with an industrywide flood of 3.1 million off-lease vehicles returning to the market this year. The number of off-lease vehi...
Tesla Motors announced it faces a shortage of U.S. tax credits for the Model 3, its first mass-market electric vehicle. It was said that, in the first week of orders, 325,000 people had placed refundable $1,000 deposits on the Model 3, a sedan starting at $35,000 with a range of 215 miles and up.As the company has struggled in the past to deliver products on time, some say that the announced crisis is an apparent one, seeing in this announcement a clever production strategy to squeeze more money out of the program for its buyers. Because of a limit on the number of Tesla cu...
Toyota has issued two recall campaigns, one for the 2016 Sienna and a second affecting the latest Rav4, Lexus ES 350 and RX 350. Toyota has discovered a problem, Brake Actuator assembly unit is defective on these models made for the US market. Thus, it has announced a recall affecting 4,170 examples of the 2016 RAV4, just 90 units of the 2016 Lexus RX 350, and 12,400 units of the 2016 ES 350.To fix the problem, Toyota will check out all the affected vehicles, and if the part number corresponds to the batch of bad ones, they will replace it. All known owners of the affected Toyota vehicles will...
After the first quarter of the year is over, many dealers nationwide note that new vehicles sales stagnated and this makes them search for steps to protect profits in case the market slows or slides.The 2008-09 recession taught a lot of things the car dealing companies, and it is hard to imagine that people didn't become really knowledgeable during that time on what to do and how to adjust when downturns take place. After Mike Jackson, AutoNation Inc. CEO, saw new-vehicle sales slowing at AutoNation's 254 stores in the fourth quarter of 2015, he warned of a sa...
Many of the autonomous driving enthusiasts are racing to bring self-driving cars to market. However there are no less engineering scientists who speak about the risks and the immaturity of the self-driving technologies at the moment. This is Missy Cummings' opinion, an engineering professor and human-factors expert at Duke University who argued self-driving cars are "absolutely not ready for widespread deployment." As a professor, Cummings is leading a National Science Foundation-funded study of how pedestrians interact with self-driving cars. As on...
