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...
After UK announced its decision of leaving European Union a huge scandal in auto industry has started. First of all you should know that the auto industry was affected a lot, stock prices across the world have taken a huge hit following Brexit. Have you wondered how do investors feel like now? Their confidence has dropped across many sectors, of course auto industry is one of them. Considering the country is one of the largest manufacturing hubs in Europe, it now has to make a decision upon the way it will move on from this exit. The most important question here is will Europe and U...
The past few years have been a great time for the U.S. car dealers, while manufacturers haven't had it quite so good as retailers. At the same time many auto dealers complained they were often short of the products their customers wanted to buy, and it's pertinent to notice in this context that the factories still make too many vehicles for which there's no demand. Things are going to change soon in the U.S. economy, which will make sales even more exciting for dealers and manufacturers. The American car business will become more dicey for globa...
Do you know which make now can be called as the world's most valuable car brand? Toyota got the title, winning to Mercedes-Benz and BMW once again. Speaking of winners, looks like Tesla makes its way to the top too, being placed for the first time in top 10. This challenge between auto companies is rising each year, while the sales are starting to slow down.According to the Top 100 Most Valuable Global Brands Toyota's brand value rose 2% to $29.5 billion. The company made it by continuing its emphasis on improving the customer's experience, and by a consistent raise of its val...
Toyota is heading into the summer with sales on the decline. While nearly all automakers reported sales problems this May, Toyota Motor's U.S. sales tumbled 9.6% last month.Almost all of the automaker's models posted sales declines.The automaker's namesake Toyota brand sold 192,657 vehicles, down 9.5% compared to the same period a year earlier. Sales of the luxury Lexus brand declined 10.1% to 26,682. In such a way analysts projecting declines for most major manufacturers in May, compared to the same month a year ago, were right. But Toyota suffered i...
As it's been predicted the auto sales started to go down. Looks like for the first time in 6 years U.S. auto industry recorded such big monthly sales drop results. May volume fell 6.1% to 1.5 million vehicles. Even the low gasoline prices failed on stopping the car sales drop. Only some domestic brands as: Fiat Chrysler, Subaru, Kia and Hyundai managed increases this May. Even with this strong drop the annual sales didn't become much worse than in 2015, 17,46 million vehicles versus 17.47 million last year. Ford Motor Co. still has some optimistic thoughts on that even ...
