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...
The driverless revolution is racing forward, as inventors overcome technical challenges such as navigating at night and regulators craft new rules. Yet the rush to robot cars faces a big roadblock: People aren’t ready to give up the wheel. Still billions are being invested in driverless cars.Experts say that technologically, we will be ready for automated driving within this decade, but it will take well into the next decade to convince consumers. Google predicts people will be tooling around in robot models by 2020. Boston Consulting Group says the market for autonom...
Car and truck sales spring growth was a bit slower then expected this April. Since 2010 it was the luxury segment, which has led the sales growth. This year the indexes are quite ambiguous in this market section. Of the top-five luxury premium brands, only Audi is up so far for the first four months of 2016. Third-place BMW is down by 9.4 percent, and that doesn’t include the premium Mini brand’s 14.3 percent decline.At the same time American Honda and Nissan group registered the most significant sales growth in this period, which were of 14.4 percent and ...
Auto-auction business has been through a productive period last year. After four years of declines, came four years of increase. More than 9.3 million vehicles were sold in 2015 by National Auto Auction. The prices paid for the sold vehicles reach $90.6 billion in 2015, which is more than the previous record set in 2007 - %90.5 billion. National Auto Auction was offering 16,6 million vehicles to the auction members 55,9% of them got already sold. Even though the average price per vehicle increased from $9368 in 2014 to $9748 in 2015, the buyers didn't lose their interest in...
Japanese airbag manufacturer Takata Corp. is expected to additionally recall around 40 million additional inflators in U.S. vehicles. The expanded recall will be phased in over several years and more than double what is already the largest and most complex auto safety recall in U.S. history. After the National Highway Traffic Safety Administration reviewed findings from three outside investigations concerning the defective airbag inflators, Takata had to work on a plan for the expanded callback. The inflators contain propellant that can deploy with too much f...
This April is a good month for car sales, more than 1.5 million vehicles were sold, which is for 3.6% more than in 2015. Michelle Krebs a senior analyst said that any notions from March's disappointing car sales must get some rest and they must focus on some April records. Autodata Corp. put the industry on track to sell 17.4 million vehicles in 2016. Now that April is over, we can possibly say that it could be the best April ever for auto traders and auto makers. SUV's sales increased 7.9% comparing to last year, and pickup sales grew for 7%. Ford Explorer sales led t...
