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 Motors Inc. reported fourth-quarter deliveries that fell short of its own forecasts as production delays continue to plague the carmaker led by CEO Elon Musk. The Palo Alto, Calif.-based maker of electric cars and energy-storage products delivered about 22,200 vehicles in the final three months of last year, according to a statement Tuesday. The total trailed the automaker’s projection for 25,000 units and brought its full-year tally to 76,230 vehicles, below its forecast for at least 80,000 units. Musk has a history of setting ambitious targets and timelines for Tesla a...
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U.S. auto sales have been really strong this September, but it seems like this year dealership traffic appears to have lowered after more than six straight years of steady growth. Almost all the automakers: General Motors, Ford, Fiat Chrysler and Honda reported declines, but Asian counterparts like Toyota and Nissan managed to register growth.The seasonally adjusted annual rate for September stood at 17.45 million units. Retail sales have eased since solid numbers were seen in the second half of last year. As such automakers are heavily spending on discounts and incentives to keep their f...
The Ford Mustang suffered a 32-percent sales decline in September, handing the monthly sales crown to the Chevy Camaro for the first time in about two years. The company also said it is shutting down the Flat Rock Assembly Plant in Michigan for a week as it deals with slower sales. The shutdown started on October 10th with production set to resume on October 17th. The Flat Rock Assembly Plant is in charge of making Mustangs, as well as the Lincoln Continental. As a part of Ford's labor agreements, all 3,702 employees that work on the two vehicles will continue to be paid during the shutdow...
Major automakers have posted their sales results for this September, and although we had high hopes on the discounts offered by General Motors and Ford Motor. Co, nothing saved the market from crashing down. The total industry sales were at 1.44 million vehicles, which is down 0.5% for a seasonally adjusted annualized rate of 17.76 million from 18.05 million in September 2015. The top-seller in the United States- GM, posted a 0.6%decline. Ford reported an 8% drop, and Fiat Chrysler Automobiles was down 1%. Shares of the three Detroit automakers rose, led by GM with a 0.8 percent gain. Sal...
