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...
All of the recent calm in global markets owes a lot to the U.S. consumer, with rising retail sales which helped on becoming the world's largest economy in June. Even so, we've got a very weak spot now and speaking about that we mean- slowing car sales, it's unclear now which market segment will pick up the slack. The U.S. consumption revelations show that car industry is at its peak now, which means it's in trouble. As you can see on the charts from the pictures, U.S. retail sales represent 20% of overall spending, after groceries at 13%. Demand ...
The American worldwide supplier of powertrain components, Dana Holding Corporation, ranks No. 39 on the list of the top 100 global part suppliers. The company works to develop the most innovative technologies. Yesterday it reported a 10 percent decline in second-quarter net income to $53 million on lower sales in its commercial vehicle and off-highway driveline units. The Maumee, Ohio-based powertrain supplier reported sales of $1.55 billion. This is a 4 percent decrease from the second quarter of 2015. The number of sales dropped as reduced demand in the commercial vehicle and off-...
When it comes to Fiat Chrysler, we all know that the company had amazing run in the U.S., and all of us are pretty convinced. In fact, we know for sure that all of the positive sales have come thanks to Jeep sales. The only problem the brand still has are Fiat models, considering they barely topped 2,500 last month and were down 19%. Don't you consider that the cars are a waste of resources? We even think that these cars may be a huge loss for the brand in the future also, the more it goes the worse. In the first six months of 2016, 1,152,259 Fiat cars and light trucks were sold...
Probably all of us have already heard about the Nissan's Leaf electric vehicle. The Japanese automaker is currently introducing a hybrid version of the Murano. Taking into account that the number of produced cars is expected to be small, the Murano Hybrid model could become a collector's item. The US Environmental Protection Agency (EPA) certified that the hybrid crossover gets a combined 29 miles per gallon for the front-wheel drive version and 28 mpg for the all-wheel-drive version. The conventional Murano gets 24 mpg in both FWD and AWD. In fact, Nissan does not have ter...
The title of the undisputed king of midsize trucks in the U.S. in recent years belonged to Toyota Motor, with its popular Tacoma model. However it seems like other automakers are trying to contest this supremacy. General Motors' Chevy Colorado and GMC Canyon received numerous accolades and started to compete with Toyota's midsize pickups for customers' love. With demand for midsize trucks rising quickly, GM has had no trouble growing in this segment. It is now gaining on Toyota - and by 2017, it could mount a strong challenge t...