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...
BMW is a lucky car brand this time, its worldwide sales increased 6% for March. The automaker has delivered 254,862 cars this month, which is a big increase comparing to last year. The company's three premium brands– BMW, MINI and Rolls-Royce – also reported a 5.3 percent increase compared to the previous year, with a total 587,237 cars delivered. The carmaker has achieved a strong start to the year, with its X-family models and the BMW 7 Series being the main growth drivers. March was the first full sales month for the new BMW 5 Series Sedan and the customer fe...
Even though U.S. is not in a recession that’s exactly what dealerships are doing nowadays. As a percentage of a dealership's total gross, profits fell in the new- and used-vehicle departments, but rose in service and parts. The profit gains come after about a third of all U.S. light-vehicle dealerships expanded their service departments by at least one bay in the past 18 months to capture more service revenue. And with new- and used-vehicle price competition remaining intense. Going into a sales plateauing year, customer loyalty is going to be very key for dealers. That lo...
Emily Hurwitz is an advertising supervisor from San Francisco and she doesn’t like buying cars from traditional dealers, and she prefers buying cars from online platforms which unite car sellers and car buyers. Recently she has bought a 2012 Volkswagen Tiguan through such a platform and is really happy with the purchase. What does she say about car dealerships? Well, she’s not very impressed with them in a few words, because she somehow is convinced they will swindle her. “You’re talking to a guy who’s sizing you up. It’s a very overwhelming situa...
It’s been a week since the fierce debate has started, and now it’s official, California’s Legislature approved the plan of raising gas taxes and vehicle fees by $5.2 billion a year to pay for the repair of California’s pothole-ridden, decaying system of roads, highways and bridges. The bill squeaked through the Senate on a 27-11 vote and cleared the Assembly with 54 votes, the bare minimum required in both houses. The measure sparked suspenseful wrangling in the waning hours of Thursday initially three votes short of securing the two-thirds threshold ne...
Tesla has leapfrogged General Motors to become America’s most valuable carmaker, riding a wave of optimism about the electric vehicle company despite its continuing losses. Shortly after the start of trading on April 10th, Tesla's stock market cap overtook that of GM – it was worth about $51 billion, or $1.7 billion more than its established rival. While it's not clear that this will last, it's no mean feat for a company that has made just three car models in its brief 13-year history. The big question is whether or not Tesla can back up that value with raw sales number...
