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...
Just imagine what you’d feel like if you buy a car you simply adore, and then all of a sudden you realize this car belongs to someone else? Pretty weird huh? Well, that’s eaxctly what happened to Kristin Ellenson who loves everything about her 2012 Cadillac SRX, from the satiny silver paint job and sporty styling to the leather upholstery and wood-trimmed interior. She and her husband, Jim, bought the luxury sport-utility vehicle used from a car dealership in November 2015, but within a week of bringing it home they realized they had a big problem: The Corvallis car deal...
We were expecting for car sales to calm down in February, but despite all the expectations and predictions we were still hoping for better results. Bad news, U.S. auto sales showed to be even less resilient this month than anticipated. If we have to compare these results with February last year, than they are down 1.1%. Automakers like General Motors (GM), American Honda Motor Co., and Nissan North America reported new-car sales gains from a year ago. Volkswagen Group, plus the premium German nameplates and three independent brands, also posted sales increases. However, Ford Motor Co. (Ford) a...
We’ve had a lot of signs that the electric car market has been rising for a lot of time, and its shares have risen through 2016 even more, but now we know that they shot up by 37%. We’ve got approximately over 30 battery-powered and plug-in hybrids offerings on the market, that’s like 159,139 vehicles for the US. It’s the 70 percent year-over-year increase in monthly sales, which helped build the momentum to stronger overall sales. Of course, the sales jump by 37% comes following a five percent decline in sales from 2014 to 2015. The slight increase has spurr...
The Indian multinational automotive manufacturing company Tata Motors reported a 96 percent fall in net profit for its third quarter, citing sharply lower earnings at its British luxury automaker Jaguar Land Rover and losses in its domestic business. Consolidated net profit for the three months to Dec. 31 fell to 1.12 billion rupees ($16.7 million) from 29.53 billion a year earlier. Total income from operations fell 4.3 percent to 685.41 billion rupees. Retail sales of its Jaguar sedans and Land Rover SUVs rose 8 percent to 149,288 vehicles in the three months through December from ...
After limited availability of Lexus models which led to a 26 percent fall in sales last month, we have realized that the carmaker is really short on supplies. It keeps on getting better this month, at least that’s what the general manager of Toyota’s luxury brand is trying to convince us about. Even so we’ve heard that the supplies won’t normalize until March. Bracken said Lexus sold so many units in December that it went into the new year strapped for utility vehicles such as its top-selling RX, leading to a softer January than expected. Lexus sold 15,572 ve...
