Author Archive: AUCTIONCARS SALES

Author Archives for AUCTIONCARS SALES

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When you look for new ore used crossover SUV’s there are few questions in your mind:

  1. Most Reliable
  2. Most Affordable
  3. Most Secure

Below are several answers which You can consider when buying cross over SUV from USA, If you have any questions about importing vehicle from USA into CANADA please call or email : HERE

When you consider the popularity of crossover SUVs, it seems hard to comprehend that they have only really been around for 15 years or so. There were a few SUVs that could be called crossovers that were released before then, but all the major auto manufacturers started making their crossovers at roughly the same time in the early 2000s.

Crossovers quickly became quite popular for several different reasons. They offer a unique style that is different from any other class of vehicle on the road. They also offer the spaciousness of SUVs with the maneuverability and [...]

Importing vehicle from USA Importing a Car From the United States into Canada

The expense and work required to import a vehicle is substantial.  However, if you are making a purchase of a vintage car or another vehicle with sentimental value then keep reading.

Below we describe the steps for importing a personal vehicle less than 15 years old which is purchased in the U.S.  and brought into Canada. If you are bringing the vehicle in for resale, commercial use, parts, or salvage, an entirely different set of rules apply and you should review the Registrar of Imported Vehicles (RIV) website carefully.  There are also some differences on the rules for for buses, motorcycles and other types of vehicles. If your vehicle is a vintage car or otherwise exempt from the RIV process you will still need to [...]

Tesla reports $312 million profit in Q3 as Model 3 deliveries surge

UPDATED: 10/24/18 9:55 pm ET - adds Musk remark

Tesla reported net income of $312 million for the third quarter, its first GAAP profit in two years, as revenue doubled amid rising production of the Model 3 sedan.

The company posted a net loss of $619.4 million in the same quarter last year and a net loss of $717.5 million in the second quarter this year, the company said Wednesday.

Record deliveries of the company’s Model 3 sedan at gross margins of nearly 20 percent drove free cash flow to $881 million, and the company ended the quarter with $3 billion in cash on hand. Automotive revenue nearly doubled to $6.1 billion from $3.36 billion in the second quarter; it was $2.4 billion in the same quarter last year. Tesla also bolstered its positive results with $52 million from sales of regulatory tax credits and $23 million in other income.

On the balance sheet, accounts payable increased by more than $566 million from the second [...]

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