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...
The car market is supported by the stronger global economic growth, and the car sales are showing steady growth. Gains are expected to continue, of course the top will be reached more slower compared to the last few years, but the most important thing at this step is that another annual record is coming. Increased replacement demand in the U.S. will be complemented by a renewed sales upturn in most emerging markets; however, China is the exception, with an expected slowdown. In the United States, we see increased replacement demand, growing consumer confidence and attractive financi...
If you like to shop on cars then this year is the perfect one for you. Low interest rates and lots of high-tech choices in the market this year might open the doors to huge car discounts. It's a good time to buy a car now, and it should be for the rest of the year. New-vehicle sales hit a record of 17.55 million in the U.S. last year. While they're not expected to top that this year, demand is still strong. Many of the factors that fueled sales last year are still in place, like solid consumer confidence and low gas prices. New technology like Apple CarPlay and automati...
First of all we'd like to state the obvious: Gasoline prices were low. Although OPEC’s September announcement to restrict oil production hiked pump prices during the final quarter, the nationwide average price for regular has yet to top $2.40 per gallon. Back in February 2016, retail prices fell as low as $1.72. Low interest rates continued to keep financing and leasing attractive. Through the third quarter of 2016, 86 percent of all new-car buyers financed in some capacity, at average rates of 2.6 percent and 3.6 percent for the two top credit tiers, and the national aver...
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...
It looks like 2016 U.S. auto sales may set a new record after all, by the thinnest of margins. On Wednesday, Jan 4. automakers will finally reveal their December auto sales and the sales for the full year. Specialists predicted 2016 sales would fall short of last year’s record by about 0.1 percent. Either way, call it flat, statistically. Still, that’s better than forecasters expected a few months ago. Analysts began 2016 with high hopes for another record, but toned down their expectations halfway into the year, because of cooler consumer demand and rising sticker price...
