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...
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...
And again US truck sales proved they are on the top now, with 926,000 units sold, which is 3.1% higher than the 898,000 units August 2015. As a contrast 2016 August US car sales fell to 579,000 units, as compared to 670,000 million units in August 2015. These results suggest a significant year-over-year decline of 13.6%. US truck sales seasonally adjusted annual rate remained strong at approximately 10.1 million units from AUGUST 2015. The SAAR of truck sales was even higher at approximately 10.9 million vehicles. The US car sales fell to approximately 6.5 million units in Augu...
The Department for Transport needs a new better strategy to increase the use of of ultra-low emission vehicles and reduce air pollution. In the last report revealed the Department says that a strategy would enable the DFT to meet decarbonisation and air quality targets. The chair of EAC said the uptake of ultra-low emission vehicles such as electric cars is too low to meet the US' climate change targets at the lowest cost to the public, all the air quality targets that should have been met in 2010 will be hit in 2020 at the earliest. It's been almost a year now since it'...
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...
As we already know U.S. car sales declined by nearly 4% this August, that's a year-over-year drop which followed flatlining sales over the previous three months. Bucking the trend to no small degree in august was capacity-constrained Subaru, which earned 4% of the market by selling more than 60,000 new vehicles for the first time in the company's history. Subaru's discounts were 78% below the industry average. It's been already two years since the car manufacturer reported record sales of 50,246 units. It was also August 2014, and after the brand continued to s...
