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...
We have told you about the Louisiana Disaster Which Killed People and Destroyed Houses and Vehicles, and now the dealerships association of the state announced how they are fighting the catastrophe back! Louisiana Dealers Association President admitted that 60 up to 80 auto dealerships got closed in the state due to the flood. The staff can't literally make it to the store, and of course people who can't even get out of their own apartments and houses. People aren't just dealing with losing their homes but also with losing their vehicles. Some offices and dealerships...
All of us know that electric vehicles are cleaner, greener and more fun to drive. There are about 30 plug-in electric sports cars, SUVs and sedans available from such makes as BMW, Nissan, Chevrolet, Tesla, Ford and many other automakers. They offer a wide range of terrific options and still, their sales are only 1% of total monthly U.S. auto sales. The California Air Resources Board's Zero Emission Vehicle (ZEV) program requires automakers to sell increasing numbers of EVs between now and 2025. Because of the many environmental and economic benefits of electric vehicles, the ZE...
The U.S. automotive industry has been through a rough few years filled with massive recalls, congressional hearings, record fines, and allegations, at times, of a careless, shoddy approach to safety. Still, this does not prevent them to buy cars and trucks at record levels and at record prices. John Humphrey, senior vice president of J.D. Power’s global automotive practice, said that the number of recalls is very big and yet the industry is selling more cars than ever. Legendary consumer safety advocate Ralph Nader said that the cars are much safer, less polluting, modestly f...
As it was revealed after, US markets didn't do much in Friday's trading session. Weakness in US retail sales is already being felt, from an economic perspective the retail sales data wasn't to healthy. Sales for the month of July were flat, against expectations of a 0.4% gain. Excluding car sales, retail spending dropped 0.3%. The US car market looks like is betting it will never get to the end of it. There are always reasons for “data-dependent” to hold off. That is the reason why stocks are trading at-all time highs, even while the economy limps along like ...
Last year the U.S. auto sales set an all-time record for the first time in 15 years. The slow but steady economic recovery, low interest rates and depressed gas prices managed to make the 2015 economic environment a carmaker's dream. Unfortunately, this dream may morph into a full-fledged nightmare in just a few short years at least for members of the industry establishment like Ford Motor Co. (ticker: F), General Motors Co. (GM), Honda Motor Co. (HMC) and Toyota Motor Corp. (TM) If we take a look at the U.S. vehicle sales in 2016 thus far, we'd see no particular reason to p...
