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...
Tesla revealed that its sales on the first quarter have surged to 69% comparing to the last year’s sales. The automaker has sold approximately 13,450 Model S sedan and about 11,550 Model X sports utility vehicle models. The company has even better expectations, saying it might deliver 47,000 -50,000 Model S and Model X vehicles combined in the first half of 2017. In the fourth quarter, deliveries had fallen 9.4 percent due to short-term production hurdles from the transition to a new autopilot hardware. Tesla had said production challenges, which started at the end of Oct...
What’s the most important US economic data which will get revealed next week? Of course that’s U.S. auto sales for the third month of the this year. That’s how we will release what really consumers are up to, and if the stock market had a rough ride in 2017. What do we expect? Specialists say we must wait for another solid month of sales of 17 million new cars at a seasonally adjusted rate for March, but nothing like those 18.4 million we got in December. The number would however point to a third consecutive decline on a 12-month rolling basis. With sales peaking ...
March U.S. auto sales are expected to approach a record for the month, and account for the first year-over-year increase in monthly sales so far in 2017. New-vehicle sales in March should top 1.6 million, the highest for the month of March since 2000. The forecast is based on online auto shopping behavior through the first part of March. Automakers in the U.S. market are scheduled to announce March and first-quarter sales on Monday, April 3. Forecasters said the March increase should mean that U.S. auto sales for the first quarter would be about even with the first quarter of 2016. ...
When you ask people about their feelings for electric cars, you will get 2 answers, they either love them or either hate. There’s no one person who would be careless about the PEV market. Instead of just relying on opinions, especially at a time when everyone seems to have one, we decided to bring you some true PEV sales information from last year, putting together a handy infographic. What is this info based on? Among that we’ve got PEV density by state last year, the best-selling PEVs for 2016, and monthly sales compared to 2015. First off, if you look at the monthly s...
As U.S. auto sales have peaked, competition to finance car loans is set to intensify and drive increased credit risk for auto lenders. Analysts say that that the combination of plateauing auto sales, growing negative equity from consumers and lenders' willingness to offer flexible loan terms is a significant credit risk for lenders. Motor vehicle sales have boomed in the years since the Great Recession. U.S. sales of new cars and trucks hit a record annual high of 17.55 million units in 2016. It is expected that U.S. new vehicle sales will decline slightly to 17.4 million units ...
