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...
It's time to forget about those high cost of meeting new fuel economy standards and massive investments needed for autonomous vehicles, the biggest problem in the profitability of the automakers might be the buyers and their impatience.Less than 5% of new vehicles in U.S. in 2015 were built to customer order, which is so much lower than in Europe were about 50% of the vehicles were produced on customer orders. Did you know that for U.S. dealers it means thousands of dollars in extra floorplan expenses while for automakers it's a huge advertising and incentive costs for each unsold vehi...
As it's been predicted the auto sales started to go down. Looks like for the first time in 6 years U.S. auto industry recorded such big monthly sales drop results. May volume fell 6.1% to 1.5 million vehicles. Even the low gasoline prices failed on stopping the car sales drop. Only some domestic brands as: Fiat Chrysler, Subaru, Kia and Hyundai managed increases this May. Even with this strong drop the annual sales didn't become much worse than in 2015, 17,46 million vehicles versus 17.47 million last year. Ford Motor Co. still has some optimistic thoughts on that even ...
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...
Waiting for the U.S. May sales reports, analysts forcast the results to be slightly down mainly because of two fewer selling days than in May 2015.In the particular case of Fiat Chrysler however, the automaker is likely to register its 74th consecutive year-over-year sales increase in May and it is mainly due to the minivans segment. The addition of the 2017 Chrysler Pacifica and the success of the Dodge Grand Caravan also have to do with the final results. Still, this time FCA may have hurdles to overcome to top the 202,227 vehicles it sold in the U.S. in May 2015, it...
Toyota Motor Corporation has recently declared that the company has recorded sales of 9 million hybrid vehicles. Toyota is currently selling thirty-three hybrid passenger car models and one plug-in hybrid model in more than ninety countries and regions. The Japanese car maker has recorded sales of 9.014 million units as it was declared on April 30. As for the the hybrid revolution in particular, it started with the Prius, which was launched in December 1997 in Japan and then subsequently in Europe and America. Prius still remains one of the most popular and spread hybrids on the...
