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New car registrations at five-year high September 2013

New car registrations at five-year high September 2013 Despite the UK economy being in the doldrums for much of the past five years, new car registrations have recovered well ahead of the curve and still seem to be unstoppable. September saw new car registrations hit 403,136 – the highest figure for five and a half years – and the first time since 2008 new car registrations have broken the 400k barrier. We’ve covered the reasons before – pre-reg cars, dealer discounts and even PPI payouts – but car registrations are certainly continuing to give buoyancy to a recovery that’s still fragile.

Saab owner and Chinese investors continue talks regarding takeover deal

Talks between Saab's owner Swedish Automobile and two Chinese investors on a takeover deal to rescue the ailing carmaker will continue even though a memorandum of understanding signed by the parties only runs until Tuesday, Saab said. "They (the parties) are still in discussions about the structure of the deal going forward and they are continuing their cooperation as if the memorandum of understanding continues," Gunilla Gustavs, a Saab spokeswoman, told Automotive News Europe. The Chinese companies, Pang Da Automobile Trade Co.

Goodwood Moving Motor Show

Now in its 18th year, the UK's Goodwood Festival of Speed (which runs over the coming weekend of the 2 to 4 July) this year adds an extra day prior to the main event, billed as the Moving Motor Show. Designed partially as a replacement for the British Motor Show, which was last held at London's Excel exhibition centre in 2008, the Moving Motor Show allows some 2000 members of the public to drive recent new cars from 22 manufacturers up Goodwood's famous hill climb course. This development fits well with recent trends.