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...
Over the next 10 years expect the car dealerships to have a evolution, but don't let yourself get tricked it's not gonna be a revolution. The changes are coming to auto dealerships, that's something inevitable, but it's not gonna be a disruptive overthrow of the business model. The goal of the research was to look at the state of auto retailing in 2025. NADA commissioned the study in March as a way to stimulate long-term thinking and planning among dealers, the report's gonna be presented at the end of the week. The dealership model will remain dominant, with dir...
Electric cars are coming, like it or not. Some companies are trying to get ahead of the curve, like BMW, which has high aspirations for electric sales volume in the coming year. Longer range, more sales. That's a very simplified version of what BMW is hoping from its plug-in vehicle line up. In fact, Bimmer is expecting to sell as many electric vehicles and plug-in hybrids in 2017 as it has for the past three years combined. BMW will sell about 60,000 plug-in vehicles this year, and is hoping to boost that annual total to 100,000 units for 2017. The key to this lofty goal is the...
Americans spent briskly at retailers in recent months, supporting hopes for a strong holiday shopping season and giving the economy momentum. Retail sales- measuring spending at restaurants, clothiers, online stores and other shops- rose 0.8% in October from the prior month, the Commerce Department said Tuesday. Sales grew 1% in September, revised figures showed, up from a previously reported 0.6% increase. Those gains marked the best two-month stretch of sales in at least two years. September and October are shaping up to be the best two-month stretch for retail sales since early 2...
Major automakers are seizing on the infancy of President-elect Donald Trump’s administration to mount a push to ease regulatory headaches faced under President Obama. In a letter to Trump’s White House transition team today, the Alliance of Automobile Manufacturers proposed that the new administration pause a key step in the ongoing midterm evaluation of the Obama administration’s 2025 fuel economy and greenhouse rules until Trump’s administration can “lead efforts” with regulators and automakers on “a pathway forward” for the final four ye...
Tesla Motors has approached the Utah Supreme Court to get approval to sell its electric vehicles directly to the public without a third-party dealership, the Salt Lake Tribune says. For the past year, legislators within the state have voted against allowing the California-based automaker to pursue its distribution model. The Utah Supreme Court is expected to take a few weeks to rule on the issue. By approaching the court, Tesla's making good on the intentions made by Tesla chief Elon Musk this summer. Earlier this year, Tesla and Utah were working towards a potential compromise ...
