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...
After UK announced its decision of leaving European Union a huge scandal in auto industry has started. First of all you should know that the auto industry was affected a lot, stock prices across the world have taken a huge hit following Brexit. Have you wondered how do investors feel like now? Their confidence has dropped across many sectors, of course auto industry is one of them. Considering the country is one of the largest manufacturing hubs in Europe, it now has to make a decision upon the way it will move on from this exit. The most important question here is will Europe and U...
If the first Prius plug-in hybrid was honestly speaking a “failure" for Toyota Motor Corp., the automaker promises that the upcoming Prius Prime PHEV will be a huge success, with an annual sales target of 60,000 units worldwide.The sales level Toyota is targeting for the upcoming Prius Prime plug-in hybrid, are nearly as high as the previous-generation Prius PHV sold cumulatively since its 2012 launch. About half that volume will come from North America, while Japan chips in roughly the other half. In all this plan Europe is expected to contribute only ...
Do you know which make now can be called as the world's most valuable car brand? Toyota got the title, winning to Mercedes-Benz and BMW once again. Speaking of winners, looks like Tesla makes its way to the top too, being placed for the first time in top 10. This challenge between auto companies is rising each year, while the sales are starting to slow down.According to the Top 100 Most Valuable Global Brands Toyota's brand value rose 2% to $29.5 billion. The company made it by continuing its emphasis on improving the customer's experience, and by a consistent raise of its val...
The growing popularity of crossovers and SUVs on the U.S. market is no more a secret, but lately more and more experts speak about a sweeping growth of the hatchbacks demand. The U.S. market for hatchbacks is expected to grow faster than any of the other nine vehicle body styles according to the results of a specialized research. As specialists expect a 37 percent growth in U.S. hatch sales through to 2020, to 1.1 million vehicles, some of the biggest automakers are supplementing their car lineups with five-doors. Potential high-volume entries such as the Honda Civic and Ch...
Toyota is heading into the summer with sales on the decline. While nearly all automakers reported sales problems this May, Toyota Motor's U.S. sales tumbled 9.6% last month.Almost all of the automaker's models posted sales declines.The automaker's namesake Toyota brand sold 192,657 vehicles, down 9.5% compared to the same period a year earlier. Sales of the luxury Lexus brand declined 10.1% to 26,682. In such a way analysts projecting declines for most major manufacturers in May, compared to the same month a year ago, were right. But Toyota suffered i...
