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Peugeot Exalt to be reinvented for Paris show

Peugeot design director Gilles Vidal has confirmed to Car Design News that the Exalt concept, which debuted at the Beijing auto show earlier this year will be shown at October's Paris motor show. However, while the car shown in China featured color and trim materials specific to the region, the Exalt that will grace the show stand in France will be different. "The car was presented at the Beijing auto show, and all the materials used in this car are sourced in China or Asia," says Vidal.

Used car values look strong for 2014

THE VALUE OF USED cars is set to stay strong in 2014 following a rise in values this year, according to the latest analysis of the market. The latest report by British Car Auctions shows that compared to last year, new-to-market car values are around 15% higher than this time last year while older part-exchange cars are as much as 20% higher than a year ago. Simon Henstock, BCA’s UK Operations Director commented “We have seen an upturn in the supply of dealer part-exchanges in 2013, reflecting reports that retail sales have been strong.

Porsche Panamera plug-in hybrid set for 2014

Porsche AG will build a plug-in hybrid version of the Panamera sedan starting in 2014, sources familiar with the situation said last week. The plug-in hybrid likely will come to the United States, but the timing is unclear, a source said. Volkswagen AG, which owns 49.9 percent of Porsche's sports car business, will roll out plug-in hybrid versions of the Audi Q7 crossover and European-sold VW Passat starting in 2014 or 2015, a source said.