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...
For those who prefer to purchase green cars, the arrival of the Tesla Model 3 and the new-generation Nissan Leaf electric vehicles can't come soon enough. U.S. sales of hybrids and plug-in vehicles last month fell from year-earlier totals, as Tesla customers awaited deliveries of the Model 3, whose 310-mile single-charge range was confirmed by the U.S. EPA last week, while Nissan was preparing to sell the 2018 model-year Leaf. November's domestic electric car sales, which had been up more than 8 percent through October, declined 1.9 percent to almost 39,000 units. Plug-in vehicle sales...
Major automakers predicted a competitive December as they rushed to sell cars and boost their numbers before 2017 ends. Most of them posted mixed U.S. November new car sales. Now they're trying to sell down 2017 model-year vehicles, offering high discounts to consumers as the year-end nears. In 2016, the industry reported record annual sales of 17.55 million units. Discounts have been above 10 percent of the average transaction price for 16 of the past 17 months. The National Automobile Dealers Association expects new vehicle sales to decline to 16.7 million units in 2018, after...
It’s the first time ever for Kia and Alfa Romeo to be named finalists for the North American Car, Truck and Utility of the Year Awards. The nine vehicles still in the running for the 2018 awards also include two chances for Honda to extend its winning streak to a third consecutive year. The three car finalists announced Wednesday at the Los Angeles Auto Show are the Toyota Camry, Honda Accord and Kia Stinger. The Camry and Accord, which have long battled for supremacy in the now-fading midsize sedan segment, will be up against Kia's first serious performance car. In t...
As aggressive incentive spending continues to sustain a robust autumn, automakers are projected to report car sales growth for November. Forecasts from J.D. Power/LMC Automotive, Kelley Blue Book and Edmunds call for a seasonally adjusted, annualized selling rate ranging from 17.1 million to 17.8 million, which would represent a drop-off from the rates topping 18 million that were posted in September and October. The projections are split on how sales volume will compare with a year ago, with estimates ranging from a 1 percent decrease to a 3.5 percent increase. Automakers are due t...
The U.S. marketplace gets new opportunities thanks to the wave of off-lease vehicles which is expected to hit the used market in 2018. Analysts who track U.S. retail auto sales and lease penetration rates say that the vast majority of leases that originated in 2015 will end in 2018 and include notably more crossovers, SUVs and high-end models. By most counts, 3.9 million light vehicles are expected to come off leases in 2018, roughly 300,000 more than in 2017. The used-vehicle market already has more late-model, lower-mileage units — and fewer of the 5- to 8-year-old models th...
