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Spring is the Best Time to Buy a car!

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...

  • Possible Perspective of Chinese Leadership in EV Industry.
    18 Feb 2019

    As you read this article, Chinese investments in the Electric Vehicle industry continue to soar to new heights. China has been the world’s largest EV market for many years, and it has not shown any signs of slowing down. Why is the EV industry booming in China? Repokar is here to give you a clearer picture in regards to this automotive market trend. It's no secret that China is one of the countries with the most polluted air. The Chinese government understands the problem their country is facing, and they are making efforts to improve air quality and reduce the fatality rates. As oi...

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  • Ford Needs To Focus On SUVs To Succeed In Europe
    02 Aug 2018

    Ford made it clear how important SUVs are to the US market when it announced that almost all non-SUV models would be killed off. The US auto market is clearly SUV-obsessed, but Europe still buys plenty of sedans and hatchbacks. Now, the question is: will Ford make the same decision to focus on SUVs in Europe? Automotive News reports that Ford will have to give SUVs a higher priority if it wants to be profitable in Europe.  Ford CEO Jim Hackett made it very clear: “We’re extremely dissatisfied with our performance in Europe.” Due to a combination of Brexit and a cons...

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  • Your Next New Car Could Cost An Extra $5,000
    11 Jul 2018

    Imagine walking into a dealership to buy a new car and discovering that your preferred vehicle suddenly costs up to $5,000 more than it did not long ago. This situation could happen if President Donald Trump succeeds in raising tariffs on imports. If he does and other countries respond to it, we’re looking at a potential 25 percent tariff which will result in increased vehicle prices regardless of automaker.  The average new vehicle sold in the US with various discounts factored in costs about $32,000. The 25 percent tariff will be passed down to the consumer resulting in a pri...

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  • BMW May Slash US Factory Jobs Because Of Trump-Imposed Tariffs
    08 Jul 2018

    BMW has warned that it may be forced to reduce investment and slash its workforce at its Spartanburg, South Carolina, production facility if President Trump succeeds in imposing a 20 percent tariff on imported EU-built vehicles. This plant happens to be BMW’s largest in the world and ships more than 70 percent of its annual production output to other countries.  But how can US tariffs on imports affect Spartanburg? Because other countries, such as China, have threatened to retaliate against the US imposed tariffs on their goods with tariffs of their own. China being one of Spar...

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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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