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...
Despite the gas low prices, fuel economy cars are still among the most sought in America.The statistics from the Consumer Federation of America say that 4 from 5 consumers are sure that next time they go shopping for a car they'll take care of its gas mileage. Jack Gills, director of public affairs for the nonprofit organization thinks it's no surprise, since consumers have had a long history with volatile gas prices.Motorists have saved $12 billion this year, but the consumers still expect the prices to rise again soon. The average respondent to CFA's survey predicted a ...
Leasing has surged as a share of new-vehicle transactions to impressive indexes in the fourth quarter of 2015, this being caused mainly by captive finance companies seeking to boost sales by keeping customers' monthly payments low. Leasing has been fairly rare in the used-vehicle market, but its share is growing. In such a way more and more lenders are offering leases on used and certified preowned vehicles.This strategy is meant to cope with an industrywide flood of 3.1 million off-lease vehicles returning to the market this year. The number of off-lease vehi...
After the first quarter of the year is over, many dealers nationwide note that new vehicles sales stagnated and this makes them search for steps to protect profits in case the market slows or slides.The 2008-09 recession taught a lot of things the car dealing companies, and it is hard to imagine that people didn't become really knowledgeable during that time on what to do and how to adjust when downturns take place. After Mike Jackson, AutoNation Inc. CEO, saw new-vehicle sales slowing at AutoNation's 254 stores in the fourth quarter of 2015, he warned of a sa...
Many of the autonomous driving enthusiasts are racing to bring self-driving cars to market. However there are no less engineering scientists who speak about the risks and the immaturity of the self-driving technologies at the moment. This is Missy Cummings' opinion, an engineering professor and human-factors expert at Duke University who argued self-driving cars are "absolutely not ready for widespread deployment." As a professor, Cummings is leading a National Science Foundation-funded study of how pedestrians interact with self-driving cars. As on...
The modern auto industry races toward a driverless future and the companies developing autonomous cars are rushing the technology to market. But robotics and human interaction experts urgie automakers and regulators to pump the brakes.The main problem is that the production autonomous cars are brought to the market with limited technology demonstrations rather than rigorous testing in extreme operating conditions. Some 275 million miles of fatality-free autonomous car testing is needed to ensure the safe operation of these vehicles on public roads. The m...