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...
After GM finally admitted that 3.64 million vehicles in the U.S. are equipped with airbags, which could possibly not deploy, a large recall of it has started. People are afraid of crashes which might happen with anyone, and in a critical moment the airbags which need to deploy, won't. General Motors was forced to announce a recall of numerous 2014-17 models, on which the issue needs to get fixed, because it could also disable seatbelt pretensioners. Of course, there are still some circumstances which remain as a mystery to us, for example why they have found out about the proble...
Economic indicators point to a strengthening economy, which means more Americans are choosing luxury cars than in recent years. In August 2016, the sales volume of entry-level luxury cars in the US dropped by a significant 19.6% YoY (year-over-year) to ~53,000 units. For the same period, the sales of entry-level luxury SUVs (sports utility vehicles) increased by 11.3% YoY to more than 58,000 units, while the sales of entry-level sports cars dropped by 17.8% YoY to nearly 26,000 units. Top car models in the entry-level luxury and sports vehicle segments included the BMW 3 Series, Mer...
Probably all of us know that the US automobile sector struggled to maintain sales momentum in August. Despite the fact that July was surprisingly robust, the industry recorded a major decline of 4.1% last month. Many automakers claim that they have reached a peak in demand. They also reported that they sold fewer vehicles, as reduced discounting kept customers from showrooms. The upside is that because everybody was counting on a small recession in the auto industry, stocks remained flat. This is also good news for the customers, who can expect sweeter deals, as incentives will be needed to sh...
The biggest winners in US car sales this August were Ford, Nissan and Kia. They are the reason car sales have seen a growth of 4.6% this month, it puts the industry back on track to top 1.2 million sales for 2016. More than 94,900 cars were sold in August, for a year-to-date total of 784,330-puts the market on track to break ist previous record of 1,155,408 sales set in 2015. Toyota's Camry stands strong for another month with 2458 units sold out, it has become the top selling Australian-made car. Camry has beaten up Holden Commodore and Ford Falcon. Corolla also boosted Toyota's ...
Two months after agreeing to a $14.7 billion deal with federal regulators over its cheating on diesel emissions tests, Volkswagen has reached another settlement covering its 650 U.S. dealers.The maker will pay $1.2 billion over the next 18 months to cover the losses dealers claim to have run up as a result of the scandal, in large part due to a sharp drop in the maker's sales. Along with cash payments, VW will provide "additional benefits" to those dealers. ‘‘They have cars on their lots they can’t sell,’’ Steve W. Berman, the lawyer for t...
