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Enjoy This Summer to The Fullest With the Perfect Car From RepoKar

Summer is coming, and we're all excited! What's more fun than going on vacation with your favorite people? Buying a car for your summer escapade! RepoKar.com is here to help you find the perfect car.  RepoKar offers a great selectio...

  • Japanese Automakers Team Up To Build Better Transmissions
    20 Jun 2018

    As the automotive industry becomes more global, automakers try to be competitive through any means possible. Some companies are very particular about which suppliers they use, others have decided to join their efforts to simplify and improve their products. Automotive News Europe reports that Japanese car makers are following suit to develop their own new transmission technology.  The country’s nine automakers, including Honda, Mazda, Nissan, Subaru, Toyota, and others, will partner with the country’s two largest transmission suppliers to jointly develop next-generation t...

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  • People Want Small Cars, But Automakers Stopped Selling Them
    18 Jun 2018

    Consumers have a short memory when it comes to gas prices. When they go down, buyers rush out to trade their small, economical hatchback for a large, three-row SUV. That’s what happened in 2017 when gas prices dropped and small cars were traded into dealers on large cars and trucks. Now, oil prices are rising and Automotive News reports that people want their small cars back.  But due to a lack of supply used prices are currently rising on small cars. Some analysts believe a seasonal uptick is responsible for the increased demand, while others point to industry decisions by maj...

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  • Trump Tariffs May Cost Carmakers 1 Million Auto Sales a Year
    12 Jun 2018

    If president Donald Trump slaps a 25 percent tariff on imported cars, it may cost the U.S auto industry 1 million annual car sales, and that’s just the low end of the estimated damage. The projection by researcher LMC Automotive assumes that automakers would absorb at least half the cost of a tax on imported vehicles.  If companies pass the full 25 percent cost on to consumers, it could snuff out about 2 million sales or more than 10 percent of annual U.S. deliveries. President’s order last month to investigate auto imports for potential trade penalties on national securi...

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  • Auto Dealers Fear That Good Times Are Over As Interest Rates Rise
    11 Jun 2018

    For car dealers, a sunny sales outlook at the start of 2018 has been overshadowed by rising interest rates, shrinking customer budgets and cost increases. Their optimism for the next quarter lost 14 points to just 56 on a 100-point scale, according to the Cox Automotive Dealer Sentiment Index.  The report, based on a survey of more than 1,000 independent and franchise car dealers from April 30 to May 14, shows prospective buyers grappling with tight finances despite a Republican tax cut that many sales executives had expected to boost consumer spending. The biggest challenges they re...

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  • SUVs and Pick-up Trucks Continue To Drive US Car Sales
    04 Jun 2018

    Two Detroit automakers on Friday reported an increase in U.S. auto sales for May as demand for sport-utility vehicles and pickup trucks continues to buoy sales despite rising gas prices. May is often the biggest sales month of the year for auto sales, with Memorial Day sales driving car shoppers to dealerships to kick off the summer selling season.  SUVs and pickup trucks accounted for about 67% of sales in May, according to J.D. Power, the highest level ever for May. The richer mix of SUVs and pickup trucks, which carry higher prices than passenger cars, drove the average transactio...

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