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...
After the first quarter of the year is over, many dealers nationwide note that new vehicles sales stagnated and this makes them search for steps to protect profits in case the market slows or slides.The 2008-09 recession taught a lot of things the car dealing companies, and it is hard to imagine that people didn't become really knowledgeable during that time on what to do and how to adjust when downturns take place. After Mike Jackson, AutoNation Inc. CEO, saw new-vehicle sales slowing at AutoNation's 254 stores in the fourth quarter of 2015, he warned of a sa...
Several Illinois dealerships have recently filed a civil racketeering lawsuit alleging FCA paid dealers to improperly inflate sales. Fiat Chrysler reacted saying that the allegations are “baseless” and represent an attempt to “publicly smear” the automaker.FCA used a legal salvo for the first time since dealerships owned by the Napleton Automotive Group filed a suit on Jan. 12. FCA seeks to have the Napleton dealerships’ suit dismissed entirely, saying it is “replete with conclusory allegations, substitutes vitriol for plausibil...
After the Republican presidential front-runner Donald Trump criticized Ford Motor Company's investment strategy, the automaker had to defend itself and its actions. Mark Fields, Ford Motor Co. CEO, declared that being a global, multinational company, Ford will invest to keep competitive and will do what makes sense for the business. Fields told reporters at the New York auto show that the company was boosting investments in the United States. He also said Ford would not back away from foreign investments if they made sense. Trump has been attacking F...
BMW of North America CEO Ludwig Willisch spoke about pressure from automakers to “punch” cars at the end of the month at a recent industry event. In a panel at the National Automobile Dealers Association Wilisch declared that at the end of 2015, there was a lot of pressure to rack up sales numbers.The 2015 sales race was tight until the end, but BMW managed to win its fourth luxury-sales crown in five years. BMW finished 2015 with luxury sales of 346,023 vehicles, followed by Lexus with 344,601 and Mercedes with 343,088. However, Lexus w...
The modern auto industry races toward a driverless future and the companies developing autonomous cars are rushing the technology to market. But robotics and human interaction experts urgie automakers and regulators to pump the brakes.The main problem is that the production autonomous cars are brought to the market with limited technology demonstrations rather than rigorous testing in extreme operating conditions. Some 275 million miles of fatality-free autonomous car testing is needed to ensure the safe operation of these vehicles on public roads. The m...
