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...
For nearly a year and a half, the Volkswagen Dieselgate scandal has been making headlines. While the headaches might not be over for Volkswagen executives, they could be coming to an end for U.S. owners of Audi, Porsche, and VW vehicles illegally designed to cheat on emissions tests. In fact, some believe that there could be a silver lining to Dieselgate's dark clouds: a small surge in auto sales, similar to the one spawned by the U.S. government's Cash-for-Clunkers program in the wake of the Great Recession. Car sales in America are going strong, but the rate of growth has ...
This may surprise you, but Volkswagen has become the world’s biggest car manufacturer, overtaking Toyota in the number of new vehicles sold in 2016 despite the damage it suffered in the diesel emissions scandal. Toyota had been the biggest seller for the past four years but its 2016 sales total of just under 10.2m vehicles, fell short of the more than 10.3m cars sold by VW. General Motors is reporting its 2016 sales next week, but industry analysts said it had no chance of overtaking VW. GM was third behind VW last year and held the top spot in 2011, when Toyota’s produc...
If economists and remarketing experts are correct, 2017 will finally be the year of significant declines in used-vehicle prices. It's a trend that has been a long time coming. Similar predictions were made in 2015 and 2016 by those same experts. Instead, used-vehicle prices held relatively stable at or near record levels for the past few years. Various indexes that monitor used car pricing showed slight dips in used values last year, though they remain well above pre-recession levels. Strong demand for new and used light trucks, a growing market for certified pre-owned vehicles ...
It's obvious that the auto industry is not able sell 17 million cars and light trucks in America year after year. At some point buyer demand will become sated. Higher interest rates will force manufacturers to offer less attractive deals. Thus, sales would begin to drop from their recent peak, which will create a set of difficult challenges for car companies that operate in the United States. A forecast for January sales predicts a dip of 3% to 1.13 million, which translates into 31,000 vehicles. Some car companies will start to be part of trends that may erode their earnings. A...
We don't know if the electric car sales are poised to accelerate in sales, or will they be stuck in neutral, but the latest forecast tells us what could occur under existing policies as technologies continue to evolve. Previously we had been expecting electrics to remain a tiny share of U.S. vehicle sales for decades to come. But now we see a brighter future for electric vehicles, with annual sales topping 1.2 million cars by 2025 plus an additional 186,000 light trucks. That's nearly double its forecast from last year, and nearly 10 times its forecast from 2014. ...
