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Ford to slash price of Focus Electric by $4,000 for 2014

Ford will be reducing the price of its Ford Focus electric by $4,000 for the 2014 model year, InsideEVs.com is reporting. The 10 percent price cut will lower the starting MSRP from $39,995 (including a $795 destination charge) down to $35,995. This move by Ford is seen as an attempt to keep the electric car competitive since its release back in 2011.

Vintage racer Anatoly Arutunoff in serious but stable condition

Automotive enthusiast, vintage racer, rapscallion and country-boy bon vivant Anatoly Arutunoff is in serious but stable condition following an accident on Feb. 8 while reportedly being a Good Samaritan. Arutunoff, known as Toly to his friends, was on his way to the Sports Car Club of America convention in Las Vegas when he stopped to help a stranded driver along Interstate 40 in Amarillo, Texas.

Used car sales return to pre-recession levels

As the UK’s buoyant new car sales figures continue to buck the European trend, it was only a matter of time before this had a positive knock-on effect on sales of used cars. Now, according to figures released in the latest BCA Used Car Market Report, used car sales hit 7.1 million last year, outpacing new car sales by 6.4% and, even more crucially, returning to pre-recession levels. Best used car buys for 2013 On Bing: see pictures of used cars In fact, a record £38.1 billion worth of used cars were sold in 2012, £5.8 billion more than was spent on new cars.