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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...

  • Volkswagen To Launch All-Electric Car Sharing Service By 2020
    28 Aug 2018

    Volkswagen has confirmed plans to launch an all-electric car sharing service in 2019 to compete with the DriveNow and Car2Go services offered by Daimler and BMW. Called “We Share,” the service will initially be rolled out in Berlin, Germany, in the second quarter of 2019 using 1,500 e-Golf and an additional 500 e-up! models following later. From 2020, these vehicles will gradually be replaced by the electric I.D. hatchback, which is slated to begin production in late 2019.  Following the launch in Berlin, We Share will be rolled out in other major cities in Germany, as we...

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  • Audi And Airbus To Work On Air-Taxi Project Testing In Germany
    21 Jun 2018

    Since the early 20th century, visionaries, investors, and automakers have played with the idea of a flying car. Audi, along with Airbus and several government entities, has signed a letter of intent to start the Urban Air Mobility project in Ingolstadt, Germany.  The press release calls out the Pop.Up Next concept displayed earlier this year at the Geneva Motor Show. That concept worked by building an electric car that could detach from its motorized base and fly around the city via a quadcopter. The motorized base would need full, level 5 autonomous driving technology as the system ...

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  • Volvo Wants A Third Of Its Cars Sold To Be Driverless By 2025
    07 Jun 2018

    Volvo set out new ambitious targets for itself, saying it expects a third of all cars sold to be self-driving vehicles and half of all cars it offers to be available through its Care by Volvo subscription service, creating direct links to 5 million customers, all by the middle of the next decade.  These business goals add to previously stated target that half of Volvo’s car sales will be pure electric vehicles by 2025. Volvo thinks that these initiatives will help it transform its connection to consumers and help it develop new connected services for consumers and generate prem...

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  • April car sales slow down as consumer demand continued to weaken
    01 May 2018

    As consumer demand continued to weaken, the most powerful automakers have revealed their car sales for April 2018, and the results weren’t as good as expected. Auto sales have been on a bit of a roller coaster ride this year, with a weak performance in February followed by a jump in sales for some automakers in March.Ford Motor posted a 4.7-percent decline in sales, with retail sales to consumers down 2.6 percent. The No. 2 U.S. automaker said sales of its popular pickup trucks were up 0.9 percent, but SUV and passenger car sales were down 4.6 percent and 15 percent respectively.Nis...

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  • Car Dealerships Facing a Dilemma: Get Big or Get Out
    23 Apr 2018

    Car buyers who have been purchasing their cars from the same dealership for generations could see a different kind of for-sale sign the next time they visit. Small to mid-size dealer groups are selling their businesses to car-retail giants or investment firms.  Dealers say that they need to get triple revenue in the next 5 years to offset shrinking margins and increasing competition from companies that did not exist a decade ago. The internet has made the field very tough, by making car prices more transparent for customers and giving them the opportunity to shop around. It has also ...

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