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First Lamborghini Huracans making £30k premiums
Fri, 11 Apr 2014Lamborghini Huracan (pictured) fethcing premiums of up to £30k Tim Marlow, Director of Magnitude Finance, has revealed that two of their clients are amongst the first UK buyers due to get their car, and despite financing the purchase they’ve already decided to flip their car as soon as it arrives for a quick return. One has already secured a £27k premium for the car – which he won’t even bother to drive before he sells it on – and the expectation is that premiums could hit £30k in the first months after the Huracan arrives, such is demand for Lamborghini’s new supercar. But with UK dealers expecting just 4 cars each in 2014 (although Lamborghini London are getting a few more) those buyers who got in quick for an early delivery are sitting on a near 20 per cent profit as the less organised seek to get behind the wheel.
Volvo's autonomous car is boring enough to work
Fri, 16 May 2014Volvo is a bit of an enigma. The Chinese-owned Swedish automaker releases a stunning concept from time to time, and we're often pleasantly surprised by the Volvos that enter out test fleet, but it hasn't done much to generate sales numbers -- or buzz -- in the North American market. Maybe that's because Volvo is too busy looking down the road to focus on selling cars now.
Toll road plans 'to be scrapped'
Tue, 03 Dec 2013CONTROVERSIAL plans to create the UK's first toll road for a decade are to be dropped, it was reported. Improvements to the A14 will instead be paid for by the Government, the Financial Times said. The proposed toll is part of a scheme to widen and improve a heavily congested 25-mile stretch in East Anglia which carries traffic from the port of Felixstowe to the Midlands.