For those who prefer to purchase green cars, the arrival of the Tesla Model 3 and the new-generation Nissan Leaf electric vehicles can’t come soon enough. U.S. sales of hybrids and plug-in vehicles last month fell from year-earlier totals, as Tesla customers awaited deliveries of the Model 3, whose 310-mile single-charge range was confirmed by the U.S. EPA last week, while Nissan was preparing to sell the 2018 model-year Leaf. November’s domestic electric car sales, which had been up more than 8 percent through October, declined 1.9 percent to almost 39,000 units. Plug-in vehicle sales were up, though by only 3 percent to about 14,000 units.
Front and center was Nissan, whose new-generation Leaf sales have gotten off to a great start in Europe but whose 2017 Leaf sales all but disappeared, plunging 88 percent from a year earlier to just 175 vehicles. Ford, that had been tracking ahead of 2016 figures all year, also had a rough month, with green-car sales declining 14 percent to 6,301 units, as Fusion Energi and C-Max Energi Plug-in Hybrid sales dropped 60 percent and 27 percent, respectively, from a year earlier. Read more
The end of the year is fast approaching, your Black Friday and Cyber Monday shopping is done, and the mutual fund you help manage is paying out some serious bonuses. What do you do with all that sweet cash? Well, if it’s over seven figures, we suggest hanging on to it until January when it could help you buy this amazing 1954 Jaguar D-Type race car.
We guess you’ve heard of the D-Type. For those of you unfamiliar, it’s Jaguar‘s famous race car that gave birth to the road-going XKSS, one of which was owned by Steve McQueen. The D-Type was known for its successes on the track, and frequent appearances at Le Mans, with a victory at the endurance race in 1956. This particular car also raced there in 1954 with the Jaguar factory team, and behind the wheel was Sir Stirling Moss. According to RM Sotheby’s, it led the race for a major chunk, but eventually retired due to brake issues. Read more
Major automakers predicted a competitive December as they rushed to sell cars and boost their numbers before 2017 ends. Most of them posted mixed U.S. November new car sales. Now they’re trying to sell down 2017 model-year vehicles, offering high discounts to consumers as the year-end nears. In 2016, the industry reported record annual sales of 17.55 million units.
Discounts have been above 10 percent of the average transaction price for 16 of the past 17 months. The National Automobile Dealers Association expects new vehicle sales to decline to 16.7 million units in 2018, after dropping to 17.1 million for the full year in 2017. If that forecast comes true, the race to move new vehicles off dealers’ lots will only intensify next year. A worrying trend for the automotive industry was a rising number of subprime loans. Subprime levels are at just over 20 percent of originations, against more than 30 percent prior to the Great Recession, but recent increases remain a concern. Read more
Lamborghini launches its flawless Urus SUV, creating a new niche in the luxury segment with benchmarking power, performance and driving dynamics, unparalleled design, luxury and daily usability. The Lamborghini Urus features a 4.0 liter V8 twin-turbo engine delivering 650 hp (478 kW) at 6,000 rpm, maximum 6,800 rpm, and 850 Nm of maximum torque already at 2,250 rpm. With 162.7 hp/l the 2019 Urus claims one of the highest specific power outputs in its class and the best weight-to-power ratio at 3,38 kg/hp.
The Lamborghini Urus accelerates from 0-100 km/h in 3.6 seconds, 0-200 km/h in 12,8 seconds and with a top speed of 305 km/h it is the fastest SUV available. Its low-line coupé styling and commanding road position belie the very comfortable ride, higher ground clearance, and luxurious space within together with the latest technologies. The 2019 Urus provides easy driving in the city, maximum comfort during long journeys, thrilling super sports car dynamics on the road and track, and versatile off-road abilities in a range of environments. Read more
The Saleen 1 was finally unveiled at the LA Auto Show as a compact, elegant mid-engine sports car that looks surprisingly finished coming from such a low-volume manufacturer. Although the car displayed at the auto show is just a prototype, we were surprised at how good it looks in person slathered in a dynamic orange paint. Even its leather-swathed interior didn’t have the usual glued-together toy-like appearance expected of cars like this.
Moving away from the high-powered exclusivity of its previous model, the Saleen S7, the Saleen 1 (or S1) will be a lightweight sports car. It will cost only $100,000 USD. With a mid-mounted 2.5-litre turbo four built and tuned in-house, the car will produce 336kW and around 475Nm of torque. This will propel its approximately 1225kg body to 97km/h in about 3.5 seconds. Low weight is also helped by the Saleen’s all-aluminium tub chassis and its 100 per cent carbon fibre body. Read more
With the season of giving in full effect, many shoppers prefer to give away gift cards as presents to their friends and family. According to a WalletHub survey, 41% of people say they prefer to receive gift cards this year from brands they love.
This holiday season, RepoKar Auto Auction is giving away a $100.00 Amazon Gift Card! All you have to do is upload a profile picture of you and your favorite car on Facebook and use the hashtag#GiftCardFromRepoKar. Make sure your photo is visible to the public and share it on RepoKar’s event page comment section: Win a $100.00 Amazon gift card with RepoKar.