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...
It's been 3 weeks now since we've wrote about the last car recall which belongs to Takata, and we were absolutely convinced that it will take a while until a new brand finds out about some vehicle defects, but it looks like we were wrong. The next automaker that is about to recall its vehicles is BMW, more than 180,000 X3 and X4 crossovers are being recalled in the U.S. in order to fix some faulty lower anchor bars used in securing child restraint seats. The 2011-17 models of X3 that were manufactured between July 2010 and April 2016 and the models of X4 manufactured between March...
Single women are buying more SUV's, fueling a surge in demand that has 2016 on pace to top last year’s record 17.5 million light-vehicle sales in the U.S. Starting with 2010 to 2015, small SUV sales to women rose 34% compared with a 22% rise for men.. At the same time, premium small SUV's though smaller in raw numbers, saw 177% growth in sales to women. More than 40% among these female vehicle buyers aren't married. As a dealer or a carmaker you need to pay a lot of attention at professional females, who are single but need vehicles. They have their jobs, they make...
Hyundai and its affiliate Kia sold an impressive number of 146,400 cars in the Chinese market last month, accounting for a combined 9.2 percent of the market. The CEO of Hyundai Motor America, Dave Zuchowski, has plenty of changes and challenges to deal with in order to reach a similar success on the U.S. market.In April the two automakers sold in China a total of 1.6 million cars. They took up over 9 percent of the Chinese market for the first time this year. Their combined market share continued to grow from 6.1 percent in January to 7.7 percent in February...
More and more automarketers recognize that the role of sports in a brand's advertizing campaign is not to be neglected. Experts point to the fact that sports are the last kind of programming people watch live on TV. There’s not another platform with more fans that are more engaging around a common goal and subject, so that many of the automakers are taking sports as one of the platforms that helps them get the word out. Among the brands that have invested solid money in into sports marketing the main are: Honda and Hyundai that aired Supe...
Auto-auction business has been through a productive period last year. After four years of declines, came four years of increase. More than 9.3 million vehicles were sold in 2015 by National Auto Auction. The prices paid for the sold vehicles reach $90.6 billion in 2015, which is more than the previous record set in 2007 - %90.5 billion. National Auto Auction was offering 16,6 million vehicles to the auction members 55,9% of them got already sold. Even though the average price per vehicle increased from $9368 in 2014 to $9748 in 2015, the buyers didn't lose their interest in...
