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...
Last Friday, the trade war between China and the US kicked off, as US President implemented a 25% tariff on $34 billion worth of Chinese goods. China has already retaliated with an increase in electric car tariffs from 15% to 40%. This means that cars that are imported into China will now be more expensive. According to The Wall Street Journal, Tesla had to raise its prices in China. The Model X now costs $140,000, which is a significant increase over the old $117,100 price. The Model S now costs $128,400, an increase of about $21,000 compared to the old price. Elon Musk, Tesla CEO,...
Imagine walking into a dealership to buy a new car and discovering that your preferred vehicle suddenly costs up to $5,000 more than it did not long ago. This situation could happen if President Donald Trump succeeds in raising tariffs on imports. If he does and other countries respond to it, we’re looking at a potential 25 percent tariff which will result in increased vehicle prices regardless of automaker. The average new vehicle sold in the US with various discounts factored in costs about $32,000. The 25 percent tariff will be passed down to the consumer resulting in a pri...
If you think that electric-vehicle startups like Tesla would push mainstream automakers out of the EV game, think again. In fact, General Motors has had such strong demand for the Chevy Bolt that it had to increase production. In its financial reports for the first half of this year, GM confirmed that it’s ramping up production of the electric hatchback by 20 percent thanks to strong demand in the US, Canada, and South Korea. Global sales of the Bolt have been up more than 40 percent from January through June of this year. Chevy sold 7,858 units of the Bolt just in the US so f...
It’s crazy to think we live in a world where the average car horsepower rating is 296. In a year, this number is expected to increase to 300. And despite cars getting more powerful, they’re significantly more fuel-efficient than ever before. The average fuel economy rating of new vehicles has climbed 24 percent since 2008 based on data analysis by Edmunds. On the other hand, the average horsepower rating has increased by 14 percent in the same period and has jumped by three percent this year alone. Decades ago, if you wanted a fuel-efficient car, you would most likely be...
Car keys have evolved a lot since the introduction of the automobile. Keys started off as metal sticks that you’d turn in an ignition, but have evolved into proximity key fobs that you carry around to trigger a start button. Proximity keys are great because they allow drivers to get in their cars without having to reach into their pocket. The next generation of car keys is in development right now as automakers begin to replace expensive key fobs with something we already carry around in our pockets: a smartphone. Tesla has already introduced the idea of using a smartphone as ...
