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...
In the last few years, mainstream automakers benefited from strong truck and utility vehicle sales in the US. While small car sales showcased stagnation in the country, demand for heavyweight vehicles rose in the last few quarters. It’s important to note that these heavyweight vehicles, including pickup trucks and utility vehicles, tend to yield higher margins for automakers compared to small cars. In general, heavyweight vehicles are less fuel efficient than small vehicles. Weakness in oil prices and a recovery in the country’s housing and construction market could be ...
After a record-breaking 2015, luxury sales are expected to slow down, that's what analysts say. It is hard to compete with last year's sales results, and we knew it all along. One of the Analysts say that at the moment, the possibility of 2016 to be able to beat 2015's record, is close to 0. For the past 10 years, sales for premium brands have grown faster than non-premium carmakers and SUVs have sold faster than cars. Though that trend is expected to continue, the market for new luxury cars and SUVs is beginning to cool after showing signs of tapering toward the end of ...
Bulk sales to fleets and a record level of discounting have softened the blow, but underperforming retail demand is catching up with U.S. auto sales this month. Forecasters expect a modest decline in sales for the month of September – say, down less than 1 percent. That should put year-to-date sales roughly dead even or possibly slightly lower than a year ago. U.S. automakers will report September sales on Monday. At the end of 2015, most analysts expected another record year for U.S. auto sales. That could still happen, but it’s looking less and less likely unless autom...
Although demand for SUVs and pickups continues to flourish, total U.S. new-vehicle (retail and fleet) sales in September are anticipated to dip 0.8% to less than 1.43 million units vs. 1.44 million unit sales in the same month of 2015. Despite a record level of incentive spending, Labor Day weekend sales, which are traditionally robust, were down 1% from last year, based on sales data collected during the first two weeks of September. The month’s retail deliveries are set to reach 1.185 million units, off 1.4% from last September’s 1.2 million. Fleet sales are expected ...
Considering the growth in auto industry has slowed down in 2016, and U.S. sales for General Motors and Ford were down 5.2% and 8.4% in August, comparing to the same month last year, the car companies aren’t accepting the downturn passively: to juice sales in September, incentive spending is at the highest levels ever. Automakers have been trying to boost sales by increasing incentives significantly. The average incentive in September is at a record high of $3,923 per unit. The beats the previous peak of $3,753 in December 2008- back when the Great Recession was kicking into fu...
