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...
The Department for Transport needs a new better strategy to increase the use of of ultra-low emission vehicles and reduce air pollution. In the last report revealed the Department says that a strategy would enable the DFT to meet decarbonisation and air quality targets. The chair of EAC said the uptake of ultra-low emission vehicles such as electric cars is too low to meet the US' climate change targets at the lowest cost to the public, all the air quality targets that should have been met in 2010 will be hit in 2020 at the earliest. It's been almost a year now since it'...
Probably all of us know that the US automobile sector struggled to maintain sales momentum in August. Despite the fact that July was surprisingly robust, the industry recorded a major decline of 4.1% last month. Many automakers claim that they have reached a peak in demand. They also reported that they sold fewer vehicles, as reduced discounting kept customers from showrooms. The upside is that because everybody was counting on a small recession in the auto industry, stocks remained flat. This is also good news for the customers, who can expect sweeter deals, as incentives will be needed to sh...
As we already know U.S. car sales declined by nearly 4% this August, that's a year-over-year drop which followed flatlining sales over the previous three months. Bucking the trend to no small degree in august was capacity-constrained Subaru, which earned 4% of the market by selling more than 60,000 new vehicles for the first time in the company's history. Subaru's discounts were 78% below the industry average. It's been already two years since the car manufacturer reported record sales of 50,246 units. It was also August 2014, and after the brand continued to s...
August U.S. auto sales will be 5.2 percent below a year ago, taking into account that the peak of industry sales was in 2015. Jeff Schuster, head of forecasting at LMC, said that with mixed economic signals, it certainly looks like U.S. auto sales may have peaked in 2015. He also considers that it is important to focus on the sustainable high level of demand. Peak does not mean doom and gloom, and while the industry faces risk, it is not destined for a pullback. The consultancies said they expect August U.S. total auto sales of 1,492,700 vehicles, from 1,574,938 a year earlier. Auto...
Two months after agreeing to a $14.7 billion deal with federal regulators over its cheating on diesel emissions tests, Volkswagen has reached another settlement covering its 650 U.S. dealers.The maker will pay $1.2 billion over the next 18 months to cover the losses dealers claim to have run up as a result of the scandal, in large part due to a sharp drop in the maker's sales. Along with cash payments, VW will provide "additional benefits" to those dealers. ‘‘They have cars on their lots they can’t sell,’’ Steve W. Berman, the lawyer for t...
