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...
Despite a record high for consumer discounts, specialists forecast a 1% drop of U.S. auto sales. September U.S. new vehicle sales will be 1.43 million, down 0.8% from a year earlier. The seasonally adjusted annualized rate for September will be 17.7 million vehicles, down from 18 million on the same basis a year earlier. Even retails sales to consumers, which don't include multiple fleet sales to rental agencies, businesses and government, were seen declining 1.4% in September. It would be the fifth month in the past seven to show a retail sales decline. Wall Street analysts expect a ...
Volvo's CEO says that Volvo Car USA has turned the corner with two of its 90-series vehicles on sale and others due early next year. A U.S. sales increase of 29 percent through August is evidence that Volvo's gutsy revival strategy was the right choice. Volvo is building all its vehicles on its flexible Scalable Product Architecture, or SPA. And it is using only turbo and supercharged Drive-E engines paired with optional plug-in hybrid power. Lex Kerssemakers says that the company is on a turnaround in the U.S. that started with the XC90. Volvo was starved for product for y...
The International Council of Transportation has published recently a very interesting analysis of the California electric market. It provided a great overview of the effects of different policies and promotional activities in effect there through 2015, as well as lessons for other locations.This analysis was based around city-level data on electric vehicles for 30 different cities, including adoption rates, public charging infrastructure availability, model availability, promotional efforts, incentives, etc. Electric vehicle adoption rates in many Californian cities are much higher than elsewh...
It is absolutely clear already that the U.S. car market won't set another record this year, and will decline from 2015's record in the next few years, these words were finally told by the Honda Motor Co's top American sales executive. The industry will sell 17.3 million to 17.5 million light vehicles this year, this could almost reach the last year's record of 17.5 million. Honda’s John Mendel told reporters Thursday on a conference call. Beyond 2017, sales should run between 16 million and 17 million, he said, barring any major shocks, such as a sharp increase...
Federal Auto Safety Regulators made it official, the nation's highways will be safer with more cars driven by machines and not humans.The Obama administration promised strong safety oversight, but sent a clear signal to automakers that the door was wide open for driverless cars. The director of the National Economic Council, Jeffrey Zients said that they envision as in the future, we will be able to take our hands off the wheel, and our commute will become restful or productive instead of frustrating and exhausting. He considers that automated vehicles will save time, money and ...