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USED CAR BUYER CONFIDENCE “UNLIKELY TO IMPROVE” IN 2011 SAYS RAC

USED 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.

Jaguar & Lexus share top honours in 2014 J. D. Power Survey

Jaguar topped the 2014 J.D. Power Survey alongside Lexus It’s time for the 2014 J.D. Power Survey results, and this year the honours for top car maker have been shared between Jaguar – which has won in the last two years – and Lexus, which won for the previous 11 years.

Ten days and counting, China traffic jam extends 60 miles

Tuesday marked the 10th day of a traffic jam extending more than 60 miles on China's Beijing-Tibet Expressway. The congestion is a result of road construction that is expected to continue until mid-September, the Associated Press reported. At one point, vehicles were moving little more than a half-mile a day.