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...
Recalled vehicles are increasingly landing on dealers, but automakers aren't required to compensate them for lost revenue and extra expenses. Dealers are counting on state lawmakers to change that. Even though stop-sales usually affect just a fraction of a dealership's used-cars inventory. There is no law to adress the problem on used vehicles under a stop-sell recall, but Federal law requires automakers to give monthly payments equal to 1 percent of the value of any new car that can't be sold because of a recall. ...
For those who prefer to purchase green cars, the arrival of the Tesla Model 3 and the new-generation Nissan Leaf electric vehicles can't come soon enough. U.S. sales of hybrids and plug-in vehicles last month fell from year-earlier totals, as Tesla customers awaited deliveries of the Model 3, whose 310-mile single-charge range was confirmed by the U.S. EPA last week, while Nissan was preparing to sell the 2018 model-year Leaf. November's domestic electric car sales, which had been up more than 8 percent through October, declined 1.9 percent to almost 39,000 units. Plug-in vehicle sales...
Major automakers predicted a competitive December as they rushed to sell cars and boost their numbers before 2017 ends. Most of them posted mixed U.S. November new car sales. Now they're trying to sell down 2017 model-year vehicles, offering high discounts to consumers as the year-end nears. In 2016, the industry reported record annual sales of 17.55 million units. Discounts have been above 10 percent of the average transaction price for 16 of the past 17 months. The National Automobile Dealers Association expects new vehicle sales to decline to 16.7 million units in 2018, after...
It’s the first time ever for Kia and Alfa Romeo to be named finalists for the North American Car, Truck and Utility of the Year Awards. The nine vehicles still in the running for the 2018 awards also include two chances for Honda to extend its winning streak to a third consecutive year. The three car finalists announced Wednesday at the Los Angeles Auto Show are the Toyota Camry, Honda Accord and Kia Stinger. The Camry and Accord, which have long battled for supremacy in the now-fading midsize sedan segment, will be up against Kia's first serious performance car. In t...
As aggressive incentive spending continues to sustain a robust autumn, automakers are projected to report car sales growth for November. Forecasts from J.D. Power/LMC Automotive, Kelley Blue Book and Edmunds call for a seasonally adjusted, annualized selling rate ranging from 17.1 million to 17.8 million, which would represent a drop-off from the rates topping 18 million that were posted in September and October. The projections are split on how sales volume will compare with a year ago, with estimates ranging from a 1 percent decrease to a 3.5 percent increase. Automakers are due t...
