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...
All of the recent calm in global markets owes a lot to the U.S. consumer, with rising retail sales which helped on becoming the world's largest economy in June. Even so, we've got a very weak spot now and speaking about that we mean- slowing car sales, it's unclear now which market segment will pick up the slack. The U.S. consumption revelations show that car industry is at its peak now, which means it's in trouble. As you can see on the charts from the pictures, U.S. retail sales represent 20% of overall spending, after groceries at 13%. Demand ...
It has been announced that the General Motors Company has a certain sales decrease outside the US. The level of sales in South America has dropped significantly. Europe's hopes to reach breakeven this year are threatened by the aftershocks of the U.K.'s Brexit vote. Despite this, the level of domestic sales is not low. North American operations' pretax profit jumped 31 percent in the second quarter to $3.65 billion from the year-earlier period, despite a drop of 5.7 percent in overall North American unit sales. North America-heavy General Motors Financial joined the part...
The American worldwide supplier of powertrain components, Dana Holding Corporation, ranks No. 39 on the list of the top 100 global part suppliers. The company works to develop the most innovative technologies. Yesterday it reported a 10 percent decline in second-quarter net income to $53 million on lower sales in its commercial vehicle and off-highway driveline units. The Maumee, Ohio-based powertrain supplier reported sales of $1.55 billion. This is a 4 percent decrease from the second quarter of 2015. The number of sales dropped as reduced demand in the commercial vehicle and off-...
That might be sad for our country but in the last years many American car makers have moved to Mexico. Being protected by NAFTA agreement has offered to the brands many new priorities, and that is the main reason why they have invested for the last decade more than $26 billion were invested in Mexico, which made it the fourth biggest car exporter in the world. Even considering all of the priorities the things haven't gone better that is obvious because according to the umbrella organization, production has gone down more than 3% this year, while sales have dropped overseas by al...
By asking the electrified car owners why they consider they have made a good choice by buying a green car, you will hear many reasons which will justify it. Most of the owners are pretty convinced their plug-in hybrid have all of the positive attributes they were going for. In 2015 the U.S. Purchased 17.39 million passenger cars and light trucks, 43,143 of them were plug-in hybrids, or 0.25%, and 71,105 were battery electric, which is 0.41%. Plug-in market share in June 2016 wasn't really better than two years ago, but it doesn't change the fact that people never regret buying a hybrid...
