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...
Over the next 2 decades expect the vehicle sales to decline. In Europe, U.S., and India based on the latest study overall annual private car sales will go down over the next 23 years to 54 million in 2040. About 67 million vehicles a year are sold currently in those regions. Another finding from the study was that more than 80 percent of the vehicles sold worldwide in 2040 will still use some form of petroleum-fueled combustion engine.Plug-in hybrids will account for another 14 percent of sales in 2040, IHS Markit forecast. Cars powered only by gasoline or diesel cars will make up about 62 per...
As long as the brainpower of cars can keep up, they aren’t going to disappear from the market, Ford Motor Co’s top executive says. He thinks Ford’s future isn’t in giving up on cars, it’s in giving up on the dumb ones. Hackett, who became Ford's CEO when his predecessor was ousted in May, is pushing to accelerate the automaker's moves into connected, electric and self-driving cars around the globe. Ford announced on Wednesday a joint venture to manufacture and sell a new line of battery-powered cars in China after making a similar move in India ...
The PSA Group has unveiled its plans to make Vauxhall and Opel a success following its acquisition of the firm earlier this year. Highlights include launching all future products on PSA platforms - including an all-new Corsa in 2019 - and setting the goal of keeping all current plants including Ellesmere Port and Luton in the UK open, although potentially on altered terms. Vauxhall and Opel declared losses of £190 million in the second quarter of 2017; daily losses at the firm under GM ownership were estimated to be in the region of £3m on average. PSA Group announced it...
You might not know that, but in Japan the relationship between the car dealer and the buyer is a much better one than here, in the U.S.. The last time Shujiro Urata wanted to buy a new car in Japan, his phone happened to ring. It was the local Toyota dealer on the phone, asking him if he was thinking about buying a new car. When he replied in the affirmative, the dealer and a coworker showed up at Urata’s doorstep an hour later with two demo cars, which Urata and his wife test-drove around the neighborhood. The Uratas decided to buy a car from the dealer. The dealer also handles their ca...
Volkswagen sales were up 12 percent to 27,732 on growing sales of its new crossover lineup. Audi extended its industry-best sales streak to eight consecutive years, rising 9.6 percent to 19,425 with strength from its Q5 and Q7 crossovers. Brands: VW up 12%; Audi up 9.6%.Notable nameplates: Audi Q5 up 44%; Audi A5 up 252%; Audi Q7 up 23%; VW Passat down 37%; VW Atlas (new) 3,664 sales; 2018 VW Tiguan (new) 3,848 sales.Incentives (including Porsche): $3,597 per vehicle, down 6.7% from a year earlier.Average transaction price (including Porsche): $36,265, up 2.5% from a year earlier.&n...
