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Car sales blog. The automotive news.

Spring is the Best Time to Buy a car!

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...

  • Tesla broke its sales record again in 2016
    05 Mar 2017

    Tesla doesn’t even surprise us anymore for showing growth year by year. We weer expecting that the automaker will show steadily growth in 2016, and so it did. Nearly 80,000 Tesla cars were bought by consumers in 2016.   Tesla's sales improvements have taken place since it launched its first designed-from-scratch Model S sedan in 2012. In 2015, the Model X SUV was added to the lineup, and the Model S has been progressively improved over the past four years, with the top-end P100D capable of outrunning the fastest, most exotic hypercars in a 0-60 mph sprint. But during the ti...

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  • Cobalt prices rise due to demand of lithium ion batteries
    02 Mar 2017

    Cobalt’s automakers are using lithium ion batteries since they are preparing for an increase in electric production. These batteries will be used in both electric and hybrid vehicles. Shanghai Chaos Investments and Switzerland-based Pala Investments as two of the companies that invested in cobalt last year, although the amount they’ve stockpiled is unknown.On Dec. 1, cobalt was just around $30,000 per metric tonne. One metric tonne equals 2,204 pounds. As of Monday, one metric tonne of cobalt was $49,000. That’s an increase of 63 percent in three months. However, EVs have not...

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  • February car sales less resilient than anticipated
    01 Mar 2017

    We were expecting for car sales to calm down in February, but despite all the expectations and predictions we were still hoping for better results. Bad news, U.S. auto sales showed to be even less resilient this month than anticipated. If we have to compare these results with February last year, than they are down 1.1%. Automakers like General Motors (GM), American Honda Motor Co., and Nissan North America reported new-car sales gains from a year ago. Volkswagen Group, plus the premium German nameplates and three independent brands, also posted sales increases. However, Ford Motor Co. (Ford) a...

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  • U.S. car sales dropped 3.3% in February?
    28 Feb 2017

    We have a new forecast for this month’s car sales and it includes a 3.3% drop to only 1.3 million units. Await for a decrease of 21% for the mid-size cars. Even with all the drops and decreases we can still say that the sales pace for the industry is healthy, and what’s more important it looks sustainable, as we head into high volume selling months ahead.  Retail growth for manufacturers will be tough to achieve in February, as consumer demand remains relatively flat despite increased incentives. Regardless of the expected dip in overall volume, at a SAAR of more than 17 ...

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  • Jaw-dropping deals this Spring at RepoKar
    27 Feb 2017

    Spring is right around the corner! With melting snow comes rising car sales. Longer days and brighter sunlight mean it’s the season to think about the best used cars for spring; vehicles that allow you to appreciate blue skies, while getting a head start to summer. The sooner you decide on your dream car, the greater the possibility of finding the best deals.  At RepoKar, we want to be sure that you've got everything you need to start the season fresh with a smile on your face. That’s why we’ve prepared amazing, hassle free used cars, trucks, and SUVs for our fr...

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