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...
U.S. sales of new cars and trucks hit a record high in 2016, automakers said on Wednesday, and investors bid up shares in the sector as strong consumer confidence and relatively low fuel prices bolstered the industry's outlook. December sales rose 3 percent, and on a seasonally adjusted annualized basis were 18.43 million vehicles. The results prompted executives from the three biggest sellers in the U.S. market, GM, Ford, and Toyota Motor Corp, (7203.T), to predict that this year's sales will be near 2016's record levels. U.S. consumer confidence reached levels not see...
Tesla Motors Inc. reported fourth-quarter deliveries that fell short of its own forecasts as production delays continue to plague the carmaker led by CEO Elon Musk. The Palo Alto, Calif.-based maker of electric cars and energy-storage products delivered about 22,200 vehicles in the final three months of last year, according to a statement Tuesday. The total trailed the automaker’s projection for 25,000 units and brought its full-year tally to 76,230 vehicles, below its forecast for at least 80,000 units. Musk has a history of setting ambitious targets and timelines for Tesla a...
While U.S. auto sales are likely to set a record before 2016 draws to a close as it beats last year's mark of 17.5 million new cars and trucks, 2017 probably won't fare as well. In fact, it may surprise many people as Ford, Fiat Chrysler Automobiles and General Motors are already closing production plants. Although last year's record will be broken, there's already a decrease in sales this December and forecasts say that the trend will continue throughout 2017. Apparently the three largest manufacturers in the country, Ford, General Motors and FCA, are already gettin...
When should I sell my car? A common question raised among the sellers.It all depends on the car you are selling, year, maintenance and time of year.Depreciation is the reduction in an asset’s value over time. For automobiles, the first hit comes in a matter of minutes. Drive the car around the block, and it’s no longer a new car; it’s a used car.Some cars, particularly the premium brands or popular models, hold strong demand throughout the year and are minimally affected by price fluctuations. But for many cars, there are trends in the market that suggest good and also b...
Compact SUVs this year were able to outsold the sedans in US, which might be a big step for them, but for sedans it means they are not popular anymore, and the sedans sales decreased a lot. In 2015, for the first time ever, compact SUVs outsold sedans in the U.S. Consumers continued to ditch sedans for SUVs this year. For example, while still the best-selling sedan in the U.S., sales of the Toyota Camry dropped ten percent in 2016. Sales of other formerly popular sedans plummeted even further. Gas prices remain low, and SUVs are a lot more fuel efficient than they used to be. &...
