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Spend this Spring season with a new car from RepoKar

It's getting warmer and people are now planning their trips for spring. Spring is not only the good time for weekend family getaways, it's also the ideal time to visit many of the country's most popular vacation spots. RepoKar Auto Auctio...

  • Volvo Will Dump Diesel Starting With Next S60 Sedan
    18 May 2018

    Volvo will not offer a diesel in its new S60 sedan, which will be released this spring. The new S60 will be available with a range of four-cylinder gasoline engines as well as two versions of its gasoline-electric plug-in hybrid powertrain.  This move comes as Volvo accelerates its shift toward electrified powertrains and away from diesels, which accounted for almost 80 percent of its sales in Europe last year. Diesel sales have taken a hit in Europe because of potential bans on older, more polluting cars with the powertrain and the high cost of improvements to ensure that new d...

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  • Car Companies Started Offering Monthly Subscriptions for Drivers
    13 May 2018

    About a third of the 17 million cars expected to be sold in the U.S. this year are leased. The rest of them are purchased. However, there’s a new option for drivers coming in 2018 – car subscriptions. It is addressed to people that do not want to own a car but want to have access to a range of cars whenever they want.  So, by paying a monthly fee to access a variety of vehicles they can change up when they want. The flat fee starts from $400 and gets to as much as $3,700, depending on the company, and most often comes with insurance, maintenance, roadside assistance, pick...

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  • Volvo Plans for Half its Car Sales to Be Electric by 2025
    02 May 2018

    In 2017 Volvo has made an announcement that all the models released from 2019 will be partially or fully electric. Today, the automaker goes even further, planning to sell over 50% of fully electric vehicles by 2025.  This strategy to generate half of the company’s sales from electric cars by 2025 gives Volvo an advantage in China which is the world’s leading market for electrified cars. The Chinese government plans for more than 20 percent of the country’s annual auto sales to be alternative-energy cars. This is more than seven million cars, based on government for...

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  • The car industry pressured by technology and raw materials costs
    27 Apr 2018

    As pressures mount on the industry despite rising vehicle sales, climbing technology costs, raw materials and global currency shifts ate into profits at the world’s carmakers. The US car market seems to recover, thanks to the sales increase in the first quarter.German groups Volkswagen and Daimler saw material and commodity costs deflate their earnings, while smaller operators Volvo and Mazda flagged rising technology and marketing spending for their profit drops. The outlay from launching new vehicles also took tolls on Fiat Chrysler, General Motors, Volvo and Daimler, with higher marke...

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  • New Tariffs Could Slow the Import of Chinese Made Cars
    05 Apr 2018

     Donald Trump proposed a 25 percent tariff on some goods, including automobiles, imported from China. This could put a kink in the plans of Ford, GM, Volvo as well as the Chinese brand Guangzhou Automobile Group, who planned to enter the US market next year.  Volvo is importing S60 Inscription since 2015 from China; GM imports the Cadillac CT6 plug-in hybrid and Buick Envision; Ford was planning on starting to build the Focus Compact there and importing it.  China retaliated, announcing its own 25 percent tax on imports including chemicals, soybeans, aircraft, and cars...

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