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...
Audi of America reported an August sales increase of 2.8 percent to 19,811 deliveries. The Q7 and the new Q5 and A5 Sportback helped drive consumer demand. August was the 80th consecutive record sales month for Audi of America. The previous August record was set last year with 19,264 deliveries. Through August, Audi has now sold 141,606 vehicles in the U.S. this year. Deliveries of the new Q5 rose to 4,767 and have now risen 11 percent for the year. Q7 sales rose 35 percent over last August to 3,174 and have risen 20 percent year-to-date. Through August, Audi SUV sales have risen 12...
As we first wrote there are many dealerships affected by the Harvey hurricane, leaving them with no inventory, but this is not all the car sales will also be affected by it at first. Some predict a swift rebound once dealerships in the affected areas reopen and as people seek to replace their flood-damaged vehicles. Continued rain and floods from Harvey added to the misery in parts of Texas on Tuesday. Harvey struck over the weekend, leaving at least 10 dead, thousands of people displaced, and scores injured as the floodwaters rose. Texas accounts for about 9% of U.S. vehicle retail...
The Hurricane in Texas invaded lots of dealerships, leaving them with flooded inventories. One owner of the car dealerships affected said that overall it’s catastrophic, major damage. People in their area are still trapped in attics. The dealership itself is trapped. It has anything from a foot to two feet of water in them. It may be too early to start recovery operations. "We are struggling with the evacuation right now," Wyatt Wainwright, president of the Houston Automobile Dealers Association, said in a statement posted on the National Automobile Dealers Associati...
Some credible sources have told us that The Escape plug-in hybrid, Ford Expedition hybrid and Lincoln Navigator hybrid are scheduled for release in 2019. Ford will have a lot of hybrids on the market in just one year, so we’ve been wondering if this means that the automaker will mainly focus on hybrids. Do you also remember that in January, the automaker identified seven of the other models, including hybrid versions of the Mustang and F-150 to be available by 2020? Ford is investing $4.5 billion to develop these 13 vehicles. Adding hybrid versions of Ford's biggest SUVs m...
Since the car sales have been rising in U.S. for 7 years, of course that the value of used cars we’ve got parked in our garages would dent. There are hundreds and thousands of new cars rolling out of dealerships lots and this means they instantly become used cars. The secondary market is glutted and the pace of depreciation is rapidly accelerating. Your not-that-old car might not be a clunker quite yet, but it's probably a lot closer than you think. The average used car lost 17 percent of its value in the past 12 months, dropping from $18,400 to $15,300. That annual deprec...
