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...
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...
A new advertising survey has just revealed the news all the car dealers would like to hide from you, 63% of consumers are ready to buy cars online. More than 1000 U.S. consumers have participated at the survey we’re talking about right now, and it seems like people have no more doubts about buying cars online, they have seen that it is totally real and is 100% worth it. Data shows that the public demand for such services is still evolving. Although the survey has found intense interest for buying vehicles online, a recent report from dealer software provider told another story...
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 ...
The dozen owners of Lamborghini Venenos – an ultra-rare supercar that cost $4 million and up – will be receiving some bad news via registered mail: their Italian dream machines are being recalled. The 12-cylinder, 750-horsepower models that Automobili Lamborghini SpA billed as a “street-legal racing car” are among about 5,900 Aventadors the automaker will recall worldwide over risks that a fuel system fault could lead to fires. Included in the recall are the only three Venenos hardtops sold, which carried a price of about $4 million (3 million euros), plus an...
