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...
March, April and May are the months with the highest selling-volume, this year it seems like dealerships have a good benefit from an early Easter.“It’s reassuring when retail sales grow faster than the overall industry pace as it indicates consumers remain very active and engaged in the new-vehicle market.” says Eric Lyman, TrueCar’s vice president of industry insights, in a statement. TrueCar is expecting increases of 4% for retail sales and 1% for fleet ones. LMC projects retail to rise above 3,9% and 4,7% for fleet sales. April has five weekends this year,...
Just as if the problems with the production haults at the Japanese plants were not enough, Toyota Motor Corp. notes a global sales decline in the first quarter of this year. Toyota's sales results fell behind Volkswagen AG's, and this disrupted the Japanese automaker's four-year reign atop vehicle industry sales charts. In the January-to-March period Toyota's worldwide deliveries dropped 2.3% to 2.46 million vehicles. In the same time Volkswagen deliveries rose 0.8% to 2.5 million. In the context of Japan's recent most devastating e...
Mitsubishi says that the company was cheating on Japanese fuel economy tests back in 1991. An independent panel of investigators was hire in order to get to the bottom of what happened, they'll have three months for preparing a report about the deception. Mitsubishi's cheat consists of the way it calculated driving resistance to determinate fuel economy. According to its statement the company had engineers that were using their own high-speed coasting test to establish the driving resistance. Even if in 2007 the company has decided to use the country's mandated evaluatio...
Despite the gas low prices, fuel economy cars are still among the most sought in America.The statistics from the Consumer Federation of America say that 4 from 5 consumers are sure that next time they go shopping for a car they'll take care of its gas mileage. Jack Gills, director of public affairs for the nonprofit organization thinks it's no surprise, since consumers have had a long history with volatile gas prices.Motorists have saved $12 billion this year, but the consumers still expect the prices to rise again soon. The average respondent to CFA's survey predicted a ...
Fiat Chrysler announced it will recall more than 1.1 million SUVs and sedans worldwide. The recall affects an estimated 811,586 2014-15 Jeep Grand Cherokees and 2012-14 Dodge Charger and Chrysler 300 sedans in the United States. It also includes 52,144 of the vehicles in Canada, 16,805 in Mexico and 248,667 outside North America.The vehicles that will be recalled by FCA are mainly SUVs and sedans with European-style electronic shifters, that came to company's attention after an investigation by the automaker and the National Highway Traffic Safety Administration. It was...
