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...
Ford Motor Co claims it will offer free repairs to North American owners of more than 1.4 million Explorer sport utility vehicles to help ensure that carbon monoxide and other exhaust gases cannot get into the vehicles, following the U.S. government's decision to upgrade an investigation into the issue in July. Several U.S. police agencies have raised concerns about potentially deadly carbon monoxide gas entering the cabins of Ford Explorers that had been adapted for law enforcement uses. Federal regulators have said they are aware of more than 2,700 complaints, three crashes an...
Wanna know what exactly has changed everything in the U.S. car sales? Well the specialists blame it all on the post-Hurricane Harvey replacement demand and makeup deals from storm-delayed August purchases. And the more important question: Will it continue? Analyst Alec Gutierrez of Kelley Blue Book said hurricane replacement sales will provide a modest boost for two or three months. But he says the lift isn't enough to change his full-year forecast of 17.1 million, which would be down from last year's 17.6 million sales. Still, auto company economists say U.S. market fundame...
Many drivers scrambled to replace their flood-damaged cars in the past six weeks, as a result the seasonally adjusted annual sales rate for all U.S. light vehicles hit 18,57 million units last month. That was up from 16.14 million in August and well above 16.0 million forecast. It was the highest sales rate since July 2005. While U.S. sales rose beyond the storm zones, according to automakers and dealers, much of the September gains came after Hurricane Harvey hit Texas. Replacing cars during the recovery in southeast Texas and Florida will boost U.S. new and used auto sales through...
Even though the shares of US car retailers rose this September, analysts predict that longer-term concerns over the threat of eccomerce and weak demand in the sector remain. O’Reilly Automotive rose on Monday, up 2.7 per cent to $215.15. It outperformed the broad S&P 500 index which weakened 0.2 per cent to 2,496. The Dow Jones Industrial Average also traded down 0.2 per cent at 22,296 on Monday in New York, while the Nasdaq Composite shed 0.9 per cent to 6,370. Genuine Parts, which distributes replacement car parts, saw the biggest gains of any stock in the S&P 500 on Monday, ri...
Honda Motor Co is supporting the increased production of its revamped 2018 Accord sedan model at its plant in Ohio, by investing $267million and adding 300 new jobs. Honda unveiled the newest-generation Accord in July, one of four re-engineered midsize sedans that Asian automakers are betting on to win market share as Detroit rivals shift focus to SUVs, crossovers and pickup trucks. The new Accord, like rival Toyota Motor Corp's all-new Camry, offers more horsepower, safety technology like standard collision-avoiding braking and better fuel economy although Honda did not release...
