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...
Ford has reported a 9% drop in second quarter last week, this is how the auto industry analysts got scared that car sales will slow down after 7 years of prosperity. Now the official U.S. sales have aired and it seems that the industry has really reached a plateau. Company July 2015 July 2016 % Increase Fiat Chrysler A. 181,081 181,538 0.30%Ford Motor Company 222,014 215,268 -3.00%General Motors 272,512 267,258 -1.90%Mazda North America 27,157 27,915 2.80%Honda Motor C...
AutoNation Chief Executive Mike Jackson confirmed that demand for cars and trucks are slowing in the U.S. He also added that the operator of auto dealerships around the country is aiming to cut excessive inventory of unsold vehicles. Mike Jackson said that the market for cars and trucks in the U.S. is forcing dealers and automakers to come up with a new strategy for their business. It's difficult to accept the current situation after enjoying years of good growth. Jackson considers that the major problem is that the automakers overproduce their vehicles, offer deep discounts an...
It has been announced that the General Motors Company has a certain sales decrease outside the US. The level of sales in South America has dropped significantly. Europe's hopes to reach breakeven this year are threatened by the aftershocks of the U.K.'s Brexit vote. Despite this, the level of domestic sales is not low. North American operations' pretax profit jumped 31 percent in the second quarter to $3.65 billion from the year-earlier period, despite a drop of 5.7 percent in overall North American unit sales. North America-heavy General Motors Financial joined the part...
Didn't we tell you about the tragic death of Star Trek Actor Anton Yelchin?! Also we have informed you a month before about all the FCA skeletons getting out of the closet and by that we mean those 260 crashes which got linked to Fiat Chrysler Automobiles. Now that The National Highway Traffic Safety Administration has started its own investigation the company realized it needs to start a new recall. It's not anymore that light recall you're all used to hear about, pay attention at the numbers 410,000 vehicles worldwide need to be tested. Don't pass this news like it...
Probably all of us were convinced that the US plug-in vehicle sales increase every week, but this is not what actually happens. When Tesla Motor released its second-quarter deliveries, it turned out that the sale expectations were not fulfilled. Tesla considers that the huge truck sales spoil the statistics. A week ago Tesla Motors announced that it delivered 14370 cars for the quarter. Among them there are 9,745 Model S sedans and 4,625 Model X SUVs. It was revealed that this delivery rate was the California-based automaker's lowest since the third quarter of 2014. It turned ou...
