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...
It seems like after all these years or car sales growth, tough days are coming for automakers. The previous success starts working against them, it means car costumers have bought so many new cars in the last years that they have a very low interest in them right now. A glut of used vehicles has started to depress prices. That trend will intensify as Americans will return 3.36 million leased cars and trucks this year, another jump after a 33 percent surge in 2016. The fallout has already begun, with Ford Motor Co. shaving $300 million from its financial-services arm’s profit f...
First of all we'd like to state the obvious: Gasoline prices were low. Although OPEC’s September announcement to restrict oil production hiked pump prices during the final quarter, the nationwide average price for regular has yet to top $2.40 per gallon. Back in February 2016, retail prices fell as low as $1.72. Low interest rates continued to keep financing and leasing attractive. Through the third quarter of 2016, 86 percent of all new-car buyers financed in some capacity, at average rates of 2.6 percent and 3.6 percent for the two top credit tiers, and the national aver...
Automakers are on the cusp of a second record-breaking year for sales as dealers made an end-of-year push to empty their lots over the weekend. But even as the industry hopes to let the confetti fall on 2016, it must brace for a slowdown that analysts project will come to a head in the new year. Many analysts anticipate a photo finish when carmakers report their annual hauls Wednesday, with some forecasting that 2016 will edge out the previous year’s sales of 17.5 million autos by as few as 5,000 vehicles. If those projections prove true, 2016 would mark the seventh consecutive year of r...
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...
The U.S. automotive business appears to be easing off the accelerator a bit heading into 2017. The bottom line of sales (rates) are still pretty high, but they are plateauing and it is taking more effort in terms of promotion and incentives to keep sales higher. And the specialists expect that will be more of the same next year. With sales leveling off, inventories are rising. When inventories rise, automakers put more incentives on. Incentives are the highest they have been in a long time. There are certain cars that are absolute bargains, especially compact, subcompact and midsize...
