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...
Reid Bigland, FCA Canada CEO and head of FCA’s U.S. sales, was named Tuesday to steer global sales of luxury brands Maserati and Alfa Romeo. Bigland was chosen to build up the Alfa and Maserati brands worldwide because of his extraordinary record of growing sales in the U.S. and Canada over the last seven years. Bigland’s influence at FCA’s U.S. headquarters has grown along with his responsibilities. Pitting Maserati and Alfa against such luxury heavyweights as BMW and Mercedes will test Bigland’s sales prowess. After a 20-year absenc...
The days of auto sales increasing are reaching their end this month, at least that's what J.D. Power and LMC Automotive think.This May wasn't this friendly to new car sales, that is why they will fall down to 5.7% from the same month last year. The reason of such a decrease is partly because this year has two fewer selling days. That's how the seasonally adjusted annualized rate will slip to 17.4 million vehicles from 17.71 million in May a year earlier. This April, had the same adjusted annualized results as this May may have. Because of these runnin...
New cars sold in U.S. in May and June will retain about 47,8% of their sticker prices, which is down from the current 52% value for three-year-old vehicles. Customers will have a strong credit availability, five years of high residual value retention rates are predicted thanks to increased demand for new vehicles, and of course the low prices for gas. It's been revealed that for six straight years, U.S. light-vehicles sales have been growing, the record of 17,5 million vehicles sold a year ago is included too. Another 3,3% of sales grew were registered for first four month...
Ford Motor Company does business in a vast number of markets across the globe, no wonder it's quite interesting and not so easy to follow the up and down momentum of Ford's sales in its three most important markets: China, Europe and, of course, the United States.On Friday Ford announced its total sales in Europe rose 4.7% during April as Europe's automotive market continues to expand. The last month was an especially solid period for commercial vehicles, SUVs, performance cars, and higher priced trims. Commercial vehicles continues to be a strength for For...
Audi is one of the brands that benefits from the strong SUV demand among car buyers. Audi's global vehicle sales rose 7.5 percent to 164,350 last month, boosted by gains in Europe, the U.S. and China and especially by a higher demand for its SUVs. Audi's sales boss, Dietmar Voggenreiter, declared that the company continued to increase sales in all of the core regions, which reflects the sound balance of the business. SUV sales last month jumped 17 percent to 52,150, accounting for nearly a third of overall brand deliveries. Sales of the latest Q7 model were up...
