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Spring is the Best Time to Buy a car!

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...

  • Takata to settle deadly airbag scandal for $1 billion
    29 Dec 2016

    Japan's Takata, maker of defective air bags that have been linked to 11 U.S. deaths, could settle criminal charges with the U.S. Department of Justice before the Obama administration leaves office next month. Part of a settlement would include Takata pleading guilty to criminal misconduct. The Justice Department has investigated whether Takata hid information from safety regulators and issued misleading statements about the dangers posed by the air bags. Any deal would likely include a monitor to ensure Takata's compliance with the agreement.  The Wall Street Journal, citing ...

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  • Toyota's goal is to sell more hybrid cars by the end of decade
    29 Dec 2016

    Not long ago the region which was taken by Toyota Motor Corp. was composed of more than half diesel cars, and now it got changed by the car brand. In more than a year Toyota is ready to report a leap in hybrid vehicle sales for this year.  Toyota's goal right now is to enlarge its hybrid sales, until they reach the half of its worldwide sales, until the end of decade.Toyota had decided a few years ago to avoid taking on diesel cars in Europe. While demand for the Prius was increasing in the U.S. and other markets, it was barely being noticed in Europe. Its strategy was based on a...

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  • Ford, FCA, GM close production plants
    28 Dec 2016

    While U.S. auto sales are likely to set a record before 2016 draws to a close as it beats last year's mark of 17.5 million new cars and trucks, 2017 probably won't fare as well. In fact, it may surprise many people as Ford, Fiat Chrysler Automobiles and General Motors are already closing production plants.  Although last year's record will be broken, there's already a decrease in sales this December and forecasts say that the trend will continue throughout 2017. Apparently the three largest manufacturers in the country, Ford, General Motors and FCA, are already gettin...

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  • After all, a record year for the car market is still possible
    28 Dec 2016

    It looks like 2016 U.S. auto sales may set a new record after all, by the thinnest of margins. On Wednesday, Jan 4. automakers will finally reveal their December auto sales and the sales for the full year.  Specialists predicted 2016 sales would fall short of last year’s record by about 0.1 percent. Either way, call it flat, statistically. Still, that’s better than forecasters expected a few months ago. Analysts began 2016 with high hopes for another record, but toned down their expectations halfway into the year, because of cooler consumer demand and rising sticker price...

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  • Best Time To Sell A Car
    27 Dec 2016

    When should I sell my car? A common question raised among the sellers.It all depends on the car you are selling, year, maintenance and time of year.Depreciation is the reduction in an asset’s value over time. For automobiles, the first hit comes in a matter of minutes. Drive the car around the block, and it’s no longer a new car; it’s a used car.Some cars, particularly the premium brands or popular models, hold strong demand throughout the year and are minimally affected by price fluctuations. But for many cars, there are trends in the market that suggest good and also b...

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