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...
As U.S. auto sales have peaked, competition to finance car loans is set to intensify and drive increased credit risk for auto lenders. Analysts say that that the combination of plateauing auto sales, growing negative equity from consumers and lenders' willingness to offer flexible loan terms is a significant credit risk for lenders. Motor vehicle sales have boomed in the years since the Great Recession. U.S. sales of new cars and trucks hit a record annual high of 17.55 million units in 2016. It is expected that U.S. new vehicle sales will decline slightly to 17.4 million units ...
We knew that Donald Trump is somehow pressing U.S. automakers to build new factories and offer more jobs, but he may have to settle for plant overhauls and incremental job expansions such as Ford Motor Co.’s planned $1.2 billion investment in three Michigan factories that’s expected to create at least 100 jobs. Trump pushed automakers during a roundtable in Ypsilanti Township earlier this month for more U.S. plants, and in a speech to autoworkers the same day he said plants are coming back — other plants that were expected to be built in other countries are not being bui...
Ford is again ready to invest in its three Michigan facilities approximately $1.2 billion, and this time it is coming with another 130 jobs for Americans. We don’t know how did the automaker make this decision, whether it was pressured by Donald Trump who wants USA automakers to invest in the country more, or it was just a decision took on their own. The investments were in the works well before Trump took office, however. Ford announced plans to upgrade some of its Michigan plants in November 2015 as part of a new contract with the United auto Workers union. Ford Americas Pre...
Just imagine what you’d feel if on your way to the dealership your car would disappear. You might think that’s crazy, but that’s exactly what happened to the car of this couple who simply came at the dealership for a repair. The couple dropped the car here and this was the last time they’ve seen it. Here’s what the owner has to say about the incident: I bought a car, 2005 Mustang GT, bright yellow, can't miss it, back in June of last year. The Mustang was not just Crystal's pride and joy -- it was also how he got to work. When the car broke down, thin...
We’ve been waiting for this happening and here it comes, Donald Trump will announce the new fuel efficiency rules when he will meet with automaker chiefs this week. He will be visiting an autonomous vehicle testing facility based in Detroit this Wednesday and also will meet with some major automakers CEOs who asked for revising the rules of Obama’s administration. The administration has decided to review the feasibility of the 2022 through 2025 vehicle emissions rules, after the Obama administration moved in its final days to keep them. The trip is focused on j...
