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...
Volkswagen has named a new executive Hinrich J. Woebcken to supervise the North American region, assuming responsibility for all the activities of the VW brand. Mr. Woebcken will take up his duties in April. Mr. Woebcken previously served on the board of Munich-based auto supplier Knorr Bremse AG, and formerly worked at BMW AG for about 10 years, Volkswagen said.This change will allow the company to move forward with strategic reinforcement in the region with bundling development, procurement, production and sales activities in the USA, Mexico and Canada.Volkswagen brand has also reconfigured ...
Why to speak about winter car sales as about something particular?! First of all because, mainly, car buying is an outdoor shopping experience and most of the car marketing specialists say that the cold weather has an immediate impact on it. Usually what may be noticed in winter months is a ballooning of dealers stocks and a stagnation in auto sales indexes growth. In other words winter storms put chill on car sales.Secondly, there is a certain category of vehicles such as sports cars, convertibles and even certain family cars, that belong to the “out of season” product category. A...
With a much lower gain than that of previous recent years, the Classic Auto Auction world seems to have hit a wall, and it will not be able to climb it for a while.For example, the prestigious Auctions held on the Monterey Peninsula last week were down a total of $20 million from their high of 2014.From all angles, we get the same advice: The market is stabilizing and the value of unsold inventory has doubled that of 2013. Perhaps, now we can deduct, in hindsight, that 2013 was the peak for this specific market. In fact, Blue Chip items such as automobiles from the 50’s to the 70&r...
China’s Black Monday sent the western markets into a tail-spin. And even though it was not as bad of a tail-spin as it was anticipated, it nevertheless sent the rest of the world stock markets —principally in the west, into a “Correction Mode.” And for good measure.When the markets close on Tuesday, we will know if investors decided to drive a strong recovery or if it all was left to spiral down deeper into the red abyss. Whatever happens, the general public will have now to learn a very strong and harsh truth: What happens around the world or outside our bo...
By JERRY HIRSCH - Los Angeles TimesA move from transit-rich New York to car-crazy Los Angeles prompted Manuela White to spend more than $17,000 on a used Toyota Corolla sight unseen with just a click on her laptop.White, 25, purchased her car from Beepi, which along with start-ups that include Carvana, Shift, Vroom and others is creating a new digital business model selling and buying used cars. They provide a virtual showroom and handle the marketing and much of the legal paperwork online, guaranteeing minimum prices to sellers and full refunds to buyers if they regret their purchase within a...
