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Fresh Summer news from RepoKar

Summer is here!Summer is for hot weather, cold drinks, and enjoying your drive along the coast in your convertible. But before you go on your next adventure, head on to RepoKar.com and find the hottest car deals this summer!At RepoKar.com, you’...

  • Ford's vice president is convinced that SUV sales will rise in 2017
    13 Apr 2017

    Ford has good expectations at least when it comes to its SUVs, and this was proved by the words coming out from Ford's vice president of U.S. marketing, this Monday. He says the sport utility vehicles will not stop here, and the sales of them will rise in the United States. The country’s second largest automaker has unveiled its refreshed version of Ford Explorer SUV not so long ago, and it increased the carmaker’ sales to nearly 40%.  Low fuel prices and improving fuel efficiency among SUVs have helped prod more Americans into buying SUVs and pickup trucks in recent ...

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  • Gas taxes and vehicle fees rising in CA
    11 Apr 2017

    It’s been a week since the fierce debate has started, and now it’s official, California’s Legislature approved the plan of raising gas taxes and vehicle fees by $5.2 billion a year to pay for the repair of California’s pothole-ridden, decaying system of roads, highways and bridges.   The bill squeaked through the Senate on a 27-11 vote and cleared the Assembly with 54 votes, the bare minimum required in both houses. The measure sparked suspenseful wrangling in the waning hours of Thursday initially three votes short of securing the two-thirds threshold ne...

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  • Tesla rivals GM as the most valuable US car maker
    11 Apr 2017

    Tesla has leapfrogged General Motors to become America’s most valuable carmaker, riding a wave of optimism about the electric vehicle company despite its continuing losses. Shortly after the start of trading on April 10th, Tesla's stock market cap overtook that of GM – it was worth about $51 billion, or $1.7 billion more than its established rival. While it's not clear that this will last, it's no mean feat for a company that has made just three car models in its brief 13-year history. The big question is whether or not Tesla can back up that value with raw sales number...

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  • U.S. car sales being threatened by low used-car prices
    10 Apr 2017

    March has been a hard month for automakers, dealerships and car sellers because the car sales records reached last year couldn’t be repeated in 2017 again. The interest rates are rising but the used-vehicle prices are falling down.  Industrywide deliveries lowered to an adjusted annual pace of 16.6 million vehicles, falling short of analysts’ expectations of 17.2 million. In that report we highlighted the risks to the industry from rising rates, rising negative equity in vehicle loans and used vehicle-price deflation. This could lead to deteriorating affordability, delaye...

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  • Nissan Rogue is the king of nonpickup sales in America
    10 Apr 2017

    Starting with October 2016, the SUV segment started to account for roughly one in every three vehicles sold. The Nissan Rogue is driving the sales, and became the top-selling nonpickup in America. Sales of crossovers since 2012 have increased 58 percent to more than 5.6 million sold in 2016, while car sales during that time declined 7.8 percent.  Crossovers accounted for 33.9 percent, or 1.4 million, of the 4 million vehicles sold in the first quarter of 2017. The growth of crossovers comes as car sales face double-digit declines this year and the industry experienced a 1.6-percent f...

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