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...
We are all waiting for the July car sales report to be revealed at the beginning of August, it is expected to set the stage for a robust second half of the year in dealer showrooms, according to our monthly forecast. We consider that it will be the best July for the last 11 years. The sales for this month will reflect a 0.7% increase from June 2016 and a 0.8% increase from July 2015, it means it will result in an estimated seasonally adjusted annual rate of 17.8 million. July sales suggest that 2016 is gonna be a great month for car sales just like last year's record-setting sal...
It has been officially announced that Fiat Chrysler Automobiles NV plans to invest a huge amount of money at two Midwest assembly plants for future production of Jeep SUVs. This is actually more than $1 billion. They also aim to create 1000 new jobs. The automaker is going to invest about $700 million and add 700 work places at the Toledo Assembly Complex North plant for production of the next-generation Jeep Wrangler. The company will also invest $350 million and add about 300 new workers at its Belvidere Assembly in Illinois to produce the Jeep Cherokee. Production of t...
While Mercedes-Benz sales in the U.S. dropped in May, demand on the German brand's cars in Europe and China grew considerably and helped to offset the general loss.The automaker's sales results in Europe and in China were also helped by robust deliveries of SUVs and compact models, which rose 16 percent and 42 percent respectively. Five-month registrations at the brand were up 12 percent to 818,175. While Mercedes' U.S. volume slipped 1 percent to 29,299, in Europe, Mercedes brand sales grew 13 percent to 74,268, helped by a 4.9 percent rise to 23,343 in G...
It's big vehicles time: crossovers, pickups, vans and SUVs ran car sales off U.S. roads in April. Roomy and fuel-efficient trucks accounted for 59.3 percent of light vehicles sold last month. If taking into consideration that last April, trucks represented 55.2 percent of the market, we may say that this year the highest level of truck sales ever for the month has been reached.Every car segment lost market share, from midsize and compact to sporty and alternative power. Every truck segment - volume and premium crossovers, pickup, van and SUV - gained market sh...
Volkswagen's efforts to solve the emissions scandal and to overcome its consequences came to a buy-back offer of almost 500,000 diesel cars that used sophisticated software to evade U.S. emissions rules. Volkswagen AG and U.S. officials have reached a framework deal under which the automaker would offer to buy back 2.0-liter diesel vehicles sold in the U.S. that exceeded legally allowable emission levels.The cars concerned by this offer will include versions of the Jetta sedan, the Golf compact and the Audi A3 sold since 2009. At the same time it does not apply to ...
