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...
The headlines for Hyundai Motor America's 2016 sales results were the kind any automaker would be proud of: Despite a car-heavy lineup, tight crossover supplies and thin incentive support, Hyundai and the new Genesis brand combined for a seventh consecutive year of record sales. But how Hyundai got there raises questions about the brand's sales tactics and its prospects heading into a softening market, including whether it relies too heavily on sales to rental agencies and to dealerships themselves, dealers and people familiar with Hyundai's sales operations say. The str...
Another month, another drop in U.S. new-vehicle sales. Specialists are convinced that U.S. June car sales will mark the sixth consecutive year-over-year decline, which is going to be the worst half of a year since 2014. For June, forecasts from the most popular companies show sales coming in about 2 percent to 4 percent less than a year ago. The projections translate to a seasonally adjusted, annualized selling rate of 16.3 million to 16.6 million, which would be the lowest monthly rate in more than two years. GM, Toyota Motor Sales U.S.A., American Honda and Volkswagen Group of Ame...
Mike Rocco served for more than two years as regional vice president of Nissan North America's mid-Atlantic region. He became regional vice president of Nissan's Central U.S. region just last month. He has more than 25 years of experience in the automotive business, both on the dealership and corporate level. Bentley Motors is tapping a seasoned automotive executive from Nissan to become vice president of sales and operations – a new role – for the British car brand's Americas division. Mike Rocco will start June 19 and be charged with managing Bentley's recent U.S....
US May car sales finally revealed and surprisingly Ford Motor edged its archival and perennial first-place automaker General Motors sales when it came to sales last month. Although likely a temporary blip, Ford outsold crosstown rival GM by about 3,000 new cars and trucks in May, making it temporarily the largest automaker in the U.S. market. It was the first time Ford outsold GM since March 2016. Before that, it hadn't happened since March 2011. Ford's sales rose 2.4% for the month compared to the same month last year, GM was down 1.4% and the third of Detroit's Big 3, ...
Tomorrow the U.S. May auto sales will get revealed by the automakers, but before that here’s what specialists forecast. Expect the car sales to edge up 0.2% in May to 1.525M units. Sales for mid-size SUVs/crossovers are expected to jump 10%, while compact and mid-size car sales are seen dropping. Retail numbers for May are expected to finish strong, however they continue to be supported by considerable incentives and lease subvention. In recent months, leasing appears to be reaching its peak, which is expected, given declining residual values and which is contributing to this ...
