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Petrol sales at record low in March
Tue, 06 May 2014PLUNGING PRICES at the pumps failed to prevent petrol sales dipping to their lowest figure on record in late winter this year. UK drivers bought 1.367 billion litres of petrol in March 2014, according to Government figures highlighted by the AA. This was the lowest recorded figure, with the previous low point being March 2013 - the coldest March for 50 years - when sales only reached 1.376 billion litres.
USED CAR BUYER CONFIDENCE “UNLIKELY TO IMPROVE” IN 2011 SAYS RAC
Thu, 10 Oct 2013USED CAR buyer confidence is unlikely to improve significantly in 2011, meaning that demand for safety net products such as extended warranties will remain strong, says RAC Warranty. The company points out that at the end of 2010, used car warranties are still being enhanced – by both length of time and depth of cover – at around the same rates as during the worst parts of the recession, indicating that the mood of consumers remains cautious. Ian Simpson, sales and marketing director, said: “Next year, the measures that the coalition Government has undertaken to reduce public spending will really start to bite and that will have a definite impact on general confidence.
2012 Lamborghini Aventador completes a mad trio of supercars headed to market
Thu, 19 May 2011If you thought the struggling global economy or high fuel prices might be hurting the world's supply of top-notch supercars, think again. Since March, AutoWeek editors have taken the wheel of not one, not two, but three of the most insane superperformers on the planet: the McLaren MP4-12C, the Ferrari FF, and most recently, the Lamborghini Aventador LP700-4. We see a few common threads: lots of lightweight aluminum and carbon-fiber materials, engines punching out more than 590 hp, automated-manual gearboxes, and prices that put them up against the average price of a three-bedroom home in most markets.