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...
According to the National Safety Council, there are more than 27,000 car accidents each and every day in the United States. Nobody is seriously injured in the majority of these crashes, but the vehicles definitely sustain damage, and not all of that damage is reported to insurance agencies or repaired. In most cases accident damage is "typically reported by an insurance agency or body shop," while other times "visible paintwork or damage was highlighted by an inspector, but un-flagged by a vehicle history report." Here is the list of the vehicles most likely to be involved ...
We’ve been a bit worried about the car market after Ford Motor announced that it plans to cut 10 percent of its salaried workers. General Motors didn’t show better results, it reported a 4.7 percent sales drop on April, just like Fiat Chrysler who might get sued for using illegal software which violate the U.S. clean-air rules. We’ve been trying to understand the reasons for the slump, and here’s what we got: Demand has peaked. Last year, there was a record vehicle sales volume of 17.55 million. But the National Automobile Dealers Association forecasts ...
When news leaked out Tuesday that Ford Motor would cut 10 percent of its salaried workers, it underscored how the auto industry's strong sales are slipping after years of consecutive growth since the Great Recession. In April, the industry reported a 4.7 percent sales drop. General Motors, Fiat Chrysler and Ford showed declines of 7 percent or more in sales. Japanese car companies also were off in the North American market, although not as much. As vehicle demand has ebbed, automakers find themselves dealing with bloated inventories. At the end of April, GM had enough vehicles ...
Fiat Chrysler is gonna be sued by the Justice Department if the talks fail to resolve differences over the automaker’s alleged violations of U.S. clean-air rules with its diesel vehicles. Expect for the lawsuit to be filled this week. The suit would mark an escalation of the U.S. government’s months-long inquiry and could expose the automaker to significant penalties. The suit being prepared alleges the company used illegal defeat devices, one of the people said. Such devices -- software in computerized systems -- improperly disable pollution controls to enhance per...
The U.S. auto boom that fueled record sales and profits is winding down. General Motors CEO Mary Barra claims that the auto industry is changing more today than it has in the past 50 years. It's true that the U.S. auto sector had a close call during the 2008 financial crisis, when both GM and Chrysler needed federal bailouts to survive bankruptcy. But that was a pretty straightforward crisis, caused by excess labor costs and a plunge in auto sales due to a wrecked economy. The challenge today is posed by electric and self-driving cars, and it is far more fundamental. Automakers ...
