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...
About a third of the 17 million cars expected to be sold in the U.S. this year are leased. The rest of them are purchased. However, there’s a new option for drivers coming in 2018 – car subscriptions. It is addressed to people that do not want to own a car but want to have access to a range of cars whenever they want. So, by paying a monthly fee to access a variety of vehicles they can change up when they want. The flat fee starts from $400 and gets to as much as $3,700, depending on the company, and most often comes with insurance, maintenance, roadside assistance, pick...
That’s not a secret that new cars are much safer than old cars, but what we did not know is by how much. National Highway Traffic Safety Administration just released a report highlighting the added safety of newer cars and trucks over older cars and trucks, and attaching real data to an otherwise assumed theory is always a good idea. Here are some of the most powerful data points worth seeing:55 percent: Occupants fatally injured in vehicles built prior to 198453 percent: Occupants fatally injured in vehicles built between 1985 and 199246 percent: Occupants fatally injured in v...
The average U.S. light-vehicle dealership managed their fixed operations department very well, considering their final repair and costs figures. In 2017, total repair orders written by that average dealership were flat, and so was the total parts inventory it carried — after both had risen at a double-digit clip the year before.That dealership also added more technicians — with the total rising to 19 per store from 16 in 2016 and 15 in 2015 — which helped to boost total parts and service sales, despite the repair-order slowdown. In addition, the total parts and service revenu...
A new company is planning on opening a closed-course testing facility for autonomous vehicles, we’re talking about The Toyota Research Institute. The 60-acre site, will open in October at the Michigan Technical Resource Park. It will be used to reproduce scenarios that are too risky to execute on public roads. A TRI spokesman declined to comment on the details of the agreement with the resource park, including the cost of the arrangement and the length of the lease. TRI plans to lease the track, and the land in the inner ring, from the Michigan Technical Resource Park, or MITRP...
As pressures mount on the industry despite rising vehicle sales, climbing technology costs, raw materials and global currency shifts ate into profits at the world’s carmakers. The US car market seems to recover, thanks to the sales increase in the first quarter.German groups Volkswagen and Daimler saw material and commodity costs deflate their earnings, while smaller operators Volvo and Mazda flagged rising technology and marketing spending for their profit drops. The outlay from launching new vehicles also took tolls on Fiat Chrysler, General Motors, Volvo and Daimler, with higher marke...
