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...
Auto-auction business has been through a productive period last year. After four years of declines, came four years of increase. More than 9.3 million vehicles were sold in 2015 by National Auto Auction. The prices paid for the sold vehicles reach $90.6 billion in 2015, which is more than the previous record set in 2007 - %90.5 billion. National Auto Auction was offering 16,6 million vehicles to the auction members 55,9% of them got already sold. Even though the average price per vehicle increased from $9368 in 2014 to $9748 in 2015, the buyers didn't lose their interest in...
Japanese airbag manufacturer Takata Corp. is expected to additionally recall around 40 million additional inflators in U.S. vehicles. The expanded recall will be phased in over several years and more than double what is already the largest and most complex auto safety recall in U.S. history. After the National Highway Traffic Safety Administration reviewed findings from three outside investigations concerning the defective airbag inflators, Takata had to work on a plan for the expanded callback. The inflators contain propellant that can deploy with too much f...
An agreement on the technology partnership for self-driving cars has been almost reached between Fiat Chrysler Automobiles and Google owner Alphabet. The talks between the two parts have been going on for several months, and they may finally agree the deal these days.The deal would start with Chrysler Pacifica minivans. Alphabet has ambitions as an auto supplier and is seeking to sell its self-driving car technology to automakers. General Motors Co. talked to Google about developing and testing self-driving cars, but they were unable to come to a deal because...
March, April and May are the months with the highest selling-volume, this year it seems like dealerships have a good benefit from an early Easter.“It’s reassuring when retail sales grow faster than the overall industry pace as it indicates consumers remain very active and engaged in the new-vehicle market.” says Eric Lyman, TrueCar’s vice president of industry insights, in a statement. TrueCar is expecting increases of 4% for retail sales and 1% for fleet ones. LMC projects retail to rise above 3,9% and 4,7% for fleet sales. April has five weekends this year,...
Just as if the problems with the production haults at the Japanese plants were not enough, Toyota Motor Corp. notes a global sales decline in the first quarter of this year. Toyota's sales results fell behind Volkswagen AG's, and this disrupted the Japanese automaker's four-year reign atop vehicle industry sales charts. In the January-to-March period Toyota's worldwide deliveries dropped 2.3% to 2.46 million vehicles. In the same time Volkswagen deliveries rose 0.8% to 2.5 million. In the context of Japan's recent most devastating e...
