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Enjoy This Summer to The Fullest With the Perfect Car From RepoKar

Summer is coming, and we're all excited! What's more fun than going on vacation with your favorite people? Buying a car for your summer escapade! RepoKar.com is here to help you find the perfect car.  RepoKar offers a great selectio...

  • Chevy Is Making More Bolts To Keep Up With Growing Demand
    10 Jul 2018

    If you think that electric-vehicle startups like Tesla would push mainstream automakers out of the EV game, think again. In fact, General Motors has had such strong demand for the Chevy Bolt that it had to increase production. In its financial reports for the first half of this year, GM confirmed that it’s ramping up production of the electric hatchback by 20 percent thanks to strong demand in the US, Canada, and South Korea.  Global sales of the Bolt have been up more than 40 percent from January through June of this year. Chevy sold 7,858 units of the Bolt just in the US so f...

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  • The car industry pressured by technology and raw materials costs
    27 Apr 2018

    As pressures mount on the industry despite rising vehicle sales, climbing technology costs, raw materials and global currency shifts ate into profits at the world’s carmakers. The US car market seems to recover, thanks to the sales increase in the first quarter.German groups Volkswagen and Daimler saw material and commodity costs deflate their earnings, while smaller operators Volvo and Mazda flagged rising technology and marketing spending for their profit drops. The outlay from launching new vehicles also took tolls on Fiat Chrysler, General Motors, Volvo and Daimler, with higher marke...

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  • Wells Fargo might pay $1 billion fine for loan abuses
    20 Apr 2018

    The company which is about to set a record fine of $1 billion imposed by two U.S. regulators for its risk management business is none other than Wells Fargo & Co. Lask week the company got a proposal from U.S. Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of the Currency (OCC), to resolve probes into auto insurance and mortgage lending abuses at the third-largest U.S. bank. Wells has acknowledged that it charged customers for excessive auto insurance, a burdensome expense that caused some to see their cars repossessed after defaulting on loans. Wells Fa...

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  • U.S Car Sales decline in 2018
    03 Jan 2018

    This year was not good for U.S. car sales, academics and researchers are talking about a pangent but not the worst decline in 2018. There are not so many specialists who dare to have a look beyond 2018, but Morgan Stanley did it and he doesn't like what it sees, with a technology-obsolescence inspired downturn so awful governament subsidies may be necessary to support the market.Meanwhile forecasts for 2018's decreases with 1.5% to off 5%. BMI Research rekons sales in 2018 will go down with 1.5%after a 1.1% fall this year. The Center for Automotive Research  at the University...

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  • 2 Nissan stores unexpectedly closed: the case is being investigated
    31 Oct 2017

    Nearly 100 employees have lost their jobs last week, when unexpectedly 2 Nissan dealerships have closed. Nissan of Streetsboro and Airport Nissan near Cleveland gave no warning to customers before closing their doors on Oct. 23.  The dealerships have reportedly had three owners in a year and a half and most recently were under the control of Automax, a Florida financial group, the TV station reported. Automax could not be reached for comment. The Ohio Automobile Dealers Association and the Greater Cleveland Automobile Dealers' Association did not return calls seeking comment. &ls...

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