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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...

  • Survey reveals that 63% of consumers are ready to buy cars online
    16 Feb 2017

    A new advertising survey has just revealed the news all the car dealers would like to hide from you, 63% of consumers are ready to buy cars online.  More than 1000 U.S. consumers have participated at the survey we’re talking about right now, and it seems like people have no more doubts about buying cars online, they have seen that it is totally real and is 100% worth it. Data shows that the public demand for such services is still evolving. Although the survey has found intense interest for buying vehicles online, a recent report from dealer software provider told another story...

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  • Ultra-rare, $4 Million Lamborghini recalled
    14 Feb 2017

    The dozen owners of Lamborghini Venenos – an ultra-rare supercar that cost $4 million and up – will be receiving some bad news via registered mail: their Italian dream machines are being recalled. The 12-cylinder, 750-horsepower models that Automobili Lamborghini SpA billed as a “street-legal racing car” are among about 5,900 Aventadors the automaker will recall worldwide over risks that a fuel system fault could lead to fires.  Included in the recall are the only three Venenos hardtops sold, which carried a price of about $4 million (3 million euros), plus an...

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  • US inflation expectations go up, while car sales go down
    13 Feb 2017

    American inflation expectation rises for the second straight month in January to its highest level since mid-2015. The data revealed indicates that American interest rates will keep it high. Residential land prices in China rose 7.9% over all of 2016.  Car sales slowed down in January comparing to December, getting hurt by holidays and reduced tax discounts. All of 2016, they reached a record high of 28 mln vehicles, up +13.7% in the year. The data released by Japan reveals that its economy has grown up 1% in the December quarter. In Europe, an official review shared with us shows th...

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  • Renault-Nissan delivers significant growth in 2016
    07 Feb 2017

    Renault-Nissan Alliance came just short of matching General Motors and joining the ranks of the three biggest automakers by global sales, after CEO Carlos Ghosn rescued a Japanese peer last year. Nissan Motor Co., Renault SA and Mitsubishi Motors Corp. combined delivered 9.96 million vehicles last year. The three automakers chaired by Ghosn finished fewer than 4,000 cars and trucks short of GM’s deliveries in 2016 and within about 350,000 units of new worldwide leader Volkswagen AG. Ghosn emphasized the scale Renault and Nissan would add by coming to the aid of Japanese peer Mitsubishi M...

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  • Mercedes-Benz leads in U.S. luxury-car race
    02 Feb 2017

    Daimler AG’s Mercedes-Benz jumped out to an early lead in the race for U.S. luxury car sales supremacy, posting a record January after winning the crown last year for the first time since 2013. Mercedes sold 25,527 cars and light trucks in the U.S. last month, a 3.5 percent increase from a year earlier. Following a year in which premium car models lost market share to light trucks, the brand scored significant gains with sedans last month, as the C-Class jumped 27 percent and E-Class surged 49 percent.  Dietmar Exler, chief executive officer of the Atlanta-based U.S. unit, clai...

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