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Used car sales return to pre-recession levels
Wed, 18 Sep 2013USED CAR SALES reached 7.1 million units in 2012, on a par with pre-recession levels and a climb of 6.4%, according to a comprehensive market report. The 2013 BCA Report by British Car Auctions valued the used car market a £38.1 billion in 2012, putting it £5.8 billion ahead of the new car market over the same period. In particular sales of younger used cars (0-2 years) increased significantly, rising by 18.6% to 762,000 and reversing a three year trend of falling volumes in this age sector.
Chicago auto show: Ford Transit Connect van targets businesses
Mon, 09 Feb 2009The demise of the Freestar (more commonly remembered as the Windstar) minivan left Ford without a small cargo carrier it could pitch to business and fleet customers who didn't need the hugeness of the E-series van. That gap in the product lineup gets filled this summer with the front-drive Transit Connect van--a product Ford has been selling in European and Asian markets for six years. Ford rolls out the U.S.
BMW M5 Diesel Confirmed – the BMW M550d, perhaps?
Thu, 18 Aug 2011A diesel M5 - the BMW M550d, perhaps? We’ve been reporting on BMW’s triple-turbo diesel engine since we broke the news back in 2009 that BMW could be working on a triple turbo option for their 3.0 litre diesel, designed to create an ‘M Diesel’. And it now looks as though that will arrive as the BMW M550d – or a variation on that name – as soon as 2012.