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...
A suburban Phoenix Chevrolet dealership was fined $40,000 because federal regulators found out that it was selling recalled new vehicles without the proper repairs. After a two-year investigation, Sands Chevrolet of Surprise, Ariz., agreed to pay the civil penalty as part of a settlement with the National Highway Traffic Safety Administration.According to federal law it is forbidden to dealers to sell new vehicles subject to open recalls without fixing them first. The concerned dealership has changed its procedures to ensure that all vehicles are checked for open recal...
It's not a surprise anymore that the buy-sell activity is reaching its top and may plateau this year after so many predictions. Even though it is expected to be a strong sales year, you can't deny it won't be significantly stronger than the last year, or even a bit worse as many think. The reason of such a change, may be first of all the unstable economy, that is pushing retailers to opt for stock buybacks over acquisitions and of course the potential costumers that finally realize they don't need luxury brands, or at least they don't need to pay those enormous bills 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...
German media reported that U.S. threatens to prevent the easing of export controls on European cars, so they could force Europe on buying more agricultural products of U.S. It's been also said that U.S. has blocked a European call to replace private arbitration tribunals which are responsible for corporative lawsuits. Greenpeace is opposing the proposed Transatlantic Trade and Investment Partnership, mentioning that it would hand too much power to big business at the expense of consumers and national governments. TTIP could deliver $100 billion of economic gains on both...
An agreement on the technology partnership for self-driving cars has been almost reached between Fiat Chrysler Automobiles and Google owner Alphabet. The talks between the two parts have been going on for several months, and they may finally agree the deal these days.The deal would start with Chrysler Pacifica minivans. Alphabet has ambitions as an auto supplier and is seeking to sell its self-driving car technology to automakers. General Motors Co. talked to Google about developing and testing self-driving cars, but they were unable to come to a deal because...
