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...
Automakers are on pace to build more new cars and light trucks in 2016 than in any other year, but efforts to reduce bloated inventories next year could lead to North America's first production decline since the Great Recession. Record car sales paces in the U.S., Canada and Mexico have kept plants busy. About 15 North American plants reportedly were running overtime through last week, nearly four times as many as the same period a year ago. Most of those plants build trucks. But automakers are already preparing for a production reckoning in 2017. Ford Motor Co., General Motors ...
The U.S. automotive business appears to be easing off the accelerator a bit heading into 2017. The bottom line of sales (rates) are still pretty high, but they are plateauing and it is taking more effort in terms of promotion and incentives to keep sales higher. And the specialists expect that will be more of the same next year. With sales leveling off, inventories are rising. When inventories rise, automakers put more incentives on. Incentives are the highest they have been in a long time. There are certain cars that are absolute bargains, especially compact, subcompact and midsize...
Northern Ohio auto dealers in November broke a recent cold streak, as vehicle sales rose nearly 6% from the like month a year ago. Powered by strong sales of trucks and SUVs, new vehicle dealers sold 18,692 last month, up 5.8% from 17,661 in November 2015. November sales rebounded with a showing of strong truck sales coupled with cars virtually flat with 2015. Continuing a trend seen for the last 11 months, truck and SUV sales drove the market, with dealers selling 7,468 units last month compared to 6,359 units in November 2015, an increase of 17.3%. New car sales were flat with la...
Since many new car dealerships feel a strong competition in online e-commerce, used car dealers now fear of car vending machine. And no, it's not something impossible, it's totally real. And no, you can't shake it to get a free one. An online used car retailer opened its newest "vending machine" last week in Houston, where the gleaming, glass-encased structure sits right off a busy freeway. The eight-storey automated garage- three levels higher than the first version which debuted in Nashville a year ago - holds 30 cars. It dispenses used vehicles in four deliv...
The car sales in November increased only a bit, which isn't a good sign specialists say. Retail sales rose only 0.1 percent in November, after a downwardly-revised 0.6 percent growth in October. Consumers bumped up their purchases at restaurants and furnishers last month. But they also trimmed spending at auto dealers and department stores, limiting the overall advance in retail sales. More Americans had seemed to enter the holiday season poised to shop. The improving job market has pushed unemployment down to 4.6 percent and prompted signs of accelerating wage growth. Over the ...
