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...
US car sales declined during January, we think the reason is pretty obvious: high incentive in December, low sales in January. Even so, the analysts are pretty sure that vehicles sales last month showed good results, and it won’t be the same for February. Customer confidence, better deals on vehicles and low gasoline prices will raise the demand for vehicles once summer sets. The seasonally adjusted annualized sales rate stood at 17.6 million vehicles for the month as compared with 17.9 million vehicles from the last year. Here's a detailed look at the auto sales of the automake...
We’ve had a lot of signs that the electric car market has been rising for a lot of time, and its shares have risen through 2016 even more, but now we know that they shot up by 37%. We’ve got approximately over 30 battery-powered and plug-in hybrids offerings on the market, that’s like 159,139 vehicles for the US. It’s the 70 percent year-over-year increase in monthly sales, which helped build the momentum to stronger overall sales. Of course, the sales jump by 37% comes following a five percent decline in sales from 2014 to 2015. The slight increase has spurr...
The Indian multinational automotive manufacturing company Tata Motors reported a 96 percent fall in net profit for its third quarter, citing sharply lower earnings at its British luxury automaker Jaguar Land Rover and losses in its domestic business. Consolidated net profit for the three months to Dec. 31 fell to 1.12 billion rupees ($16.7 million) from 29.53 billion a year earlier. Total income from operations fell 4.3 percent to 685.41 billion rupees. Retail sales of its Jaguar sedans and Land Rover SUVs rose 8 percent to 149,288 vehicles in the three months through December from ...
Gasoline and oil prices just like always determined the future and the present of electric and plug-in car sales. Back in 2014 when oil prices fell down, hybrid vehicles took a hit along with their risidual values in several global markets. Plug-in electrified vehicles – battery electric and plug-in hybrid – saw similar trends emerging at first. However, PEVs have seen unit sales rise significantly in the U.S., Europe, and China during the past two years – as gasoline prices have stayed down. It appears that other market dynamics are influencing PEV sales now more ...
Thanks to leadership changes, strategy doubts and new startup dreams luring self-driving technology Google’s car projects have been a talent sieve. It’s been found out that early staffers had a different system that awarded them based on project’s value. By the end of 2015 the payments have become this high that many veteran members didn’t need the job security anymore. In December, the car unit morphed into a standalone business called Waymo, and the system was replaced with a more uniform pay structure that treats all employees the same, according to a...
