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New Mercedes E-Class Cabriolet and Estate delayed

The new Mercedes E-Class Cabriolet - now put back until Spring 2010 Mercedes has done a pretty good job on updating the E-Class, and its been receiving good comments all round. But Mercedes has lost the momentum a bit with the revelation that the E-Class Coupe is actually based on a C-Class chassis. Not that that alone is reason for complaint, but there was a big hoo-haa around the nomenclature for the E-Class Coupe (should it have been the CLK?) so it was a bit disingenuous of Mercedes to reveal the Coupe’s roots after its reveal.

SEASONAL PRESSURES SEE MARKET SLOW IN JULY

AUCTION house BCA’s latest Pulse report shows that demand for older, lower value dealer part-exchange cars improved in July, but the fleet and lease sector has experienced more price pressure. The headline average used car value declined in July, as would typically be expected at the onset of the summer holiday months. Values across the board fell to £5,633 down from the £5,662 recorded in June – a £29 decrease that was equivalent to 0.5% fall.

Cash for clunkers: Is it ready for prime time in America?

One proposed solution to prop up new-car sales in the United States involves paying bonuses to owners of older vehicles who send their cars to the scrapyard and buy new ones. Proponents say that not only does the auto industry benefit, but so does the environment, as emissions decrease and fuel economy typically improves in newer models. Critics, however, say that scrapping older vehicles hurts collectors by reducing the number of older models available and also hurts those least able to afford to buy newer vehicles by driving up the price of used cars.