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...
People say everything beautiful comes to an end, this might sound not so optimistic, but considering the thing that the US auto sales boom is over, these words might be true. The sales pace for May came in under 17 million for a fourth consecutive month, signaling that another record year is unlikely. The best case is that 2017 will match 2016's 17.55 million. A pace of 18 million hasn't looked probable for some time, and in any case after two boom years, a jump of 500,000 vehicles sold by the end of 2017 would be a very hot market indeed. Specialists say that if we wan...
Audi's U.S. chief expects the brand to post another U.S. sales record in 2017. It's an ambitious goal, given that U.S. sales this year are expected to be flat, especially in the luxury car market. Scott Keogh, president of Audi of America, said he's convinced Audi can do it — without resorting to excessive incentives — based on the strength of its lineup. Keogh says they broke through 210,000 units last year. He thinks it's worth pointing out that if we look at Audi America in general, it took them 40 years to sell 100,000 cars for the very first time. Th...
Sales of BMW brand vehicles decreased 11.0 percent in May for a total of 25,818 compared to 29,017 vehicles sold in May 2016. Year-to-date, the BMW brand is down 3.6 percent in the U.S. on sales of 120,124 vehicles compared to 124,581 sold in the first five months of 2016. Notable vehicle sales in May include the BMW 5 Series which increased 12.7 percent to 3,677 cars, the BMW X1 which increased 12.6 percent to 2,489 vehicles, and the BMW X3 which increased 21.7 percent to 4,011 vehicles. Bernhard Kuhnt, President and CEO, BMW of North America, says that the all-new BMW 5 Series is ...
US May car sales finally revealed and surprisingly Ford Motor edged its archival and perennial first-place automaker General Motors sales when it came to sales last month. Although likely a temporary blip, Ford outsold crosstown rival GM by about 3,000 new cars and trucks in May, making it temporarily the largest automaker in the U.S. market. It was the first time Ford outsold GM since March 2016. Before that, it hadn't happened since March 2011. Ford's sales rose 2.4% for the month compared to the same month last year, GM was down 1.4% and the third of Detroit's Big 3, ...
Almost half of the year is gone, so it’s getting pretty clear that the U.S. auto sales won’t reach a new record in 2017. We expect the U.S. car sales to reach approximately 17.2 million units in 2017, which is a less than the earlier prediction of 17.5 million. Still not so bad, when we think of all the issues happened in the automotive world by now, right? Based on dealerships' data through the first part of May, the average incentive was $3,583 per unit, a record for the month of May, analysts said. That was up from $3,342 in May 2016. Measured another way, the ave...
