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...
Based on costumer reports Toyota and Lexus rank the top 2 brands for reliability for the fifth year in a row. The rankings of the remaining 25 brands reflect a game of musical chairs, however. Consumer Reports' 2017 Auto Reliability Survey found "growing pains" among automakers with new and updated cars and light trucks, with "wonky" engines and "jerky" eight- and nine-speed and continuously variable transmissions, as well as infotainment systems, among the top problems. The magazine said its survey shows some but not all automakers are quick to res...
Wanna know what exactly has changed everything in the U.S. car sales? Well the specialists blame it all on the post-Hurricane Harvey replacement demand and makeup deals from storm-delayed August purchases. And the more important question: Will it continue? Analyst Alec Gutierrez of Kelley Blue Book said hurricane replacement sales will provide a modest boost for two or three months. But he says the lift isn't enough to change his full-year forecast of 17.1 million, which would be down from last year's 17.6 million sales. Still, auto company economists say U.S. market fundame...
Many drivers scrambled to replace their flood-damaged cars in the past six weeks, as a result the seasonally adjusted annual sales rate for all U.S. light vehicles hit 18,57 million units last month. That was up from 16.14 million in August and well above 16.0 million forecast. It was the highest sales rate since July 2005. While U.S. sales rose beyond the storm zones, according to automakers and dealers, much of the September gains came after Hurricane Harvey hit Texas. Replacing cars during the recovery in southeast Texas and Florida will boost U.S. new and used auto sales through...
The U.S. automakers have been facing 2 crucial problems after the two storms that battered parts of Texas and Florida: bulging new-vehicle inventories and an oversupply of off-lease vehicles. This Tuesday, they will reveal their car sales for September, but we are already convinced that their shares will be higher than ever, thanks to the demand for vehicles to replace those damaged and destroyed by Houston’s floods. Analysts expect September to show the first monthly increase in vehicle sales this year -- though their previous forecasts of sales gains for the industry in Marc...
Even though the shares of US car retailers rose this September, analysts predict that longer-term concerns over the threat of eccomerce and weak demand in the sector remain. O’Reilly Automotive rose on Monday, up 2.7 per cent to $215.15. It outperformed the broad S&P 500 index which weakened 0.2 per cent to 2,496. The Dow Jones Industrial Average also traded down 0.2 per cent at 22,296 on Monday in New York, while the Nasdaq Composite shed 0.9 per cent to 6,370. Genuine Parts, which distributes replacement car parts, saw the biggest gains of any stock in the S&P 500 on Monday, ri...
