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...
Ford Motor Company does business in a vast number of markets across the globe, no wonder it's quite interesting and not so easy to follow the up and down momentum of Ford's sales in its three most important markets: China, Europe and, of course, the United States.On Friday Ford announced its total sales in Europe rose 4.7% during April as Europe's automotive market continues to expand. The last month was an especially solid period for commercial vehicles, SUVs, performance cars, and higher priced trims. Commercial vehicles continues to be a strength for For...
In order to take a controlling 34% stake in Mitsubishi Motors, YOKOHAMA, Japan-Nissan Motor Co. is ready to invest 237 billion yen which is about $2.2 billion.This purchase is meant to transform Nissan into the single-largest shareholder of Mitsubishi. By May 25 the agreement between the companies will be signed and four directors to Mitsubishi Motors' board will be named by Nissan. Rumors say that even the chairman of Mitsubishi Motors might be Nissan's director. The deal must be completed within a year or it will be invalid. Looks like Nissan decided to save Mitsubis...
It's big vehicles time: crossovers, pickups, vans and SUVs ran car sales off U.S. roads in April. Roomy and fuel-efficient trucks accounted for 59.3 percent of light vehicles sold last month. If taking into consideration that last April, trucks represented 55.2 percent of the market, we may say that this year the highest level of truck sales ever for the month has been reached.Every car segment lost market share, from midsize and compact to sporty and alternative power. Every truck segment - volume and premium crossovers, pickup, van and SUV - gained market sh...
It was reported that 164.063 Mercedes vehicles were sold this April worldwide, which is more than last year's April for approximately 11%. The first four months of the year sold around 650.000 units, which is definitely a good record for the company.This April is considered to be the 38th consecutive record month for Mercedes-Benz sales. The company sales grew up to 11% thanks to strong delivers in Europe and China, which helped offset flat demand in the U.S.Ola Kaellenius, the sales chief of Mercedes sales said the company had a good start to the second quarter because...
Auto-auction business has been through a productive period last year. After four years of declines, came four years of increase. More than 9.3 million vehicles were sold in 2015 by National Auto Auction. The prices paid for the sold vehicles reach $90.6 billion in 2015, which is more than the previous record set in 2007 - %90.5 billion. National Auto Auction was offering 16,6 million vehicles to the auction members 55,9% of them got already sold. Even though the average price per vehicle increased from $9368 in 2014 to $9748 in 2015, the buyers didn't lose their interest in...
