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Enjoy This Summer to The Fullest With the Perfect Car From RepoKar

Summer is coming, and we're all excited! What's more fun than going on vacation with your favorite people? Buying a car for your summer escapade! RepoKar.com is here to help you find the perfect car.  RepoKar offers a great selectio...

  • People Want Small Cars, But Automakers Stopped Selling Them
    18 Jun 2018

    Consumers have a short memory when it comes to gas prices. When they go down, buyers rush out to trade their small, economical hatchback for a large, three-row SUV. That’s what happened in 2017 when gas prices dropped and small cars were traded into dealers on large cars and trucks. Now, oil prices are rising and Automotive News reports that people want their small cars back.  But due to a lack of supply used prices are currently rising on small cars. Some analysts believe a seasonal uptick is responsible for the increased demand, while others point to industry decisions by maj...

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  • Trump Tariffs May Cost Carmakers 1 Million Auto Sales a Year
    12 Jun 2018

    If president Donald Trump slaps a 25 percent tariff on imported cars, it may cost the U.S auto industry 1 million annual car sales, and that’s just the low end of the estimated damage. The projection by researcher LMC Automotive assumes that automakers would absorb at least half the cost of a tax on imported vehicles.  If companies pass the full 25 percent cost on to consumers, it could snuff out about 2 million sales or more than 10 percent of annual U.S. deliveries. President’s order last month to investigate auto imports for potential trade penalties on national securi...

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  • Auto Dealers Fear That Good Times Are Over As Interest Rates Rise
    11 Jun 2018

    For car dealers, a sunny sales outlook at the start of 2018 has been overshadowed by rising interest rates, shrinking customer budgets and cost increases. Their optimism for the next quarter lost 14 points to just 56 on a 100-point scale, according to the Cox Automotive Dealer Sentiment Index.  The report, based on a survey of more than 1,000 independent and franchise car dealers from April 30 to May 14, shows prospective buyers grappling with tight finances despite a Republican tax cut that many sales executives had expected to boost consumer spending. The biggest challenges they re...

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  • Sales of Hybrid Cars Soar as Diesels Plunge by Almost a Quarter
    05 Jun 2018

    Sales of plug-in hybrid cars soared by almost three-quarters year on year in May, dramatically outstripping the 3.4% overall growth in new car registrations. Nearly 4,000 plug-in hybrids were bought last month, up from 2,301 in May 2017. Registrations of purely battery-powered cars were up by nearly a fifth, to 1,099. The numbers are still a small fraction of the total 192,649 cars bought in the month but all electrified vehicles combined took a record market share of 5,8%. However, the demand for diesel cars continues to wane in the face of environmental and tax concerns. Diesel reg...

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  • Car Dealer Tactics Stall Electric Car Sales
    30 May 2018

     Car dealerships in Scandinavia, and perhaps beyond, have something against electric vehicles. That’s the conclusion of an investigation conducted by researchers in Nordic countries, where they visited car dealerships and found agents actively discouraging buying electric cars.  To conduct the investigative study, the researchers visited 82 car dealerships in Denmark, Norway, Sweden, Iceland, and Finland. In two-thirds of their visits, agents steered the researchers toward gas-powered cars, sometimes dismissing electric vehicles outright. In three-fourths of the visits, ve...

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