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...
Wanna know what exactly has changed everything in the U.S. car sales? Well the specialists blame it all on the post-Hurricane Harvey replacement demand and makeup deals from storm-delayed August purchases. And the more important question: Will it continue? Analyst Alec Gutierrez of Kelley Blue Book said hurricane replacement sales will provide a modest boost for two or three months. But he says the lift isn't enough to change his full-year forecast of 17.1 million, which would be down from last year's 17.6 million sales. Still, auto company economists say U.S. market fundame...
Honda Motor Co is supporting the increased production of its revamped 2018 Accord sedan model at its plant in Ohio, by investing $267million and adding 300 new jobs. Honda unveiled the newest-generation Accord in July, one of four re-engineered midsize sedans that Asian automakers are betting on to win market share as Detroit rivals shift focus to SUVs, crossovers and pickup trucks. The new Accord, like rival Toyota Motor Corp's all-new Camry, offers more horsepower, safety technology like standard collision-avoiding braking and better fuel economy although Honda did not release...
U.S. auto sales are down 2% this August, by totaling 16,14 million. We’ve got to admit that we expected to see even worse car sales data from the big three Detroit automakers, but as Houston area replaces flood-damaged cars and trucks after Hurricane Harvey, their shares got higher. General Motors, Ford and Fiat Chrysler posted mixed August U.S. sales, with GM up 7.5 percent and Ford and Fiat Chrysler down. Japanese automaker Toyota improved sales by nearly 7 percent, Honda's sales fell 2.4 percent. Still, analysts focused on the potentia...
Lane departure warning and blind spot detection systems can significantly prevent crashes if consumers use the features, according to two new studies by the Insurance Institute for Highway Safety. Single-vehicle, sideswipe and head-on crashes are reduced 11 percent if the vehicle is outfitted with lane departure warning systems, IIHS found. The rate of injury-inducing crashes decreases 21 percent with the technology. The lane departure warning study included crashed General Motors, Honda, Mazda, Mercedes-Benz, Subaru and Volvo vehicles produced between 2009 and 2015. The study looke...
Since the car sales have been rising in U.S. for 7 years, of course that the value of used cars we’ve got parked in our garages would dent. There are hundreds and thousands of new cars rolling out of dealerships lots and this means they instantly become used cars. The secondary market is glutted and the pace of depreciation is rapidly accelerating. Your not-that-old car might not be a clunker quite yet, but it's probably a lot closer than you think. The average used car lost 17 percent of its value in the past 12 months, dropping from $18,400 to $15,300. That annual deprec...
