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...
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...
Volkswagen and Ford are in preliminary talks over an alliance to develop and produce products, most likely starting with commercial transporter vans. An announcement from Ford came after Volkswagen’s supervisory board gave its managers a green light to strike a deal with U.S.-based Ford. The goal is a partnership to share development and production costs. Preliminary talks have already started. Ford’s announcement said that the potential projects could span a number of areas, including commercial vans. Ford said that they look forward to exploring with the Volkswagen tea...
Ford said on Wednesday that the only passenger cars that it plans to keep on the North American market will be the Mustang and the upcoming Ford Focus Active which is a crossover-like hatchback that is due in 2019. That means that the regular Focus, Fiesta, Taurus, and Fusion won’t be available in the United States and Canada. Ford will continue to offer its full spectrum of SUVs, trucks, and crossovers. By 2020, almost 90 percent of Ford’s portfolio in North America will be trucks, utilities, and commercial vehicles. The car manufacturer is exploring new vehicle models ...
Volkswagen will launch a number of fully autonomous Level 5 electric cars, vans and trucks starting as early as 2021. In the near feature it will start testing them at its headquarters. The Sedric self-driving concept, which debuted in Geneva in March was only the beginning. Volkswagen’s team is already working on ideas for a whole Sedric family of fully autonomous vehicles for the city, for luxurious long-range mobility, through self-driving delivery vans and heavy commercial trucks. Developers also are working on concepts for a robotic sports car. VW's ambitious time fra...
Since the car sales have been rising in U.S. for 7 years, of course that the value of used cars we’ve got parked in our garages would dent. There are hundreds and thousands of new cars rolling out of dealerships lots and this means they instantly become used cars. The secondary market is glutted and the pace of depreciation is rapidly accelerating. Your not-that-old car might not be a clunker quite yet, but it's probably a lot closer than you think. The average used car lost 17 percent of its value in the past 12 months, dropping from $18,400 to $15,300. That annual deprec...