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Used car market pressure eases

AN INCREASE in the number of used cars coming into the market has “taken the edge off prices” and calmed some corners of the industry, according to used car pricing experts CAP. A greater influx of part-exchange cars arriving at dealers is partly responsible, and with many franchised dealers focusing for the time being on selling those vehicles, competition to acquire stock on the open market has decreased. CAP reports that the pressure has been lifted on some dealers who had become frustrated at how expensive it was becoming to source cars at fair prices.

Hyundai offers gas incentive plan

Last summer, when gas prices were pushing above $4 a gallon, Chrysler tried to cash in and move some metal by offering a guaranteed gas price of $2.99 for three years. But that plan crashed when the price of gas plummeted. Now, Hyundai is ready to give that marketing spiff another spin.

Jaguar XFR-S arrives ahead of LA debut

The Jaguar XFR-S – Jaguar’s most powerful saloon car to date – has leaked out ahead of its debut tonight at the Los Angeles Auto Show. We’re hoping that Jaguar has managed to bestow extra power on the very appealing XFR without wrecking the stuff that makes Jaguar saloons so appealing – the dynamic/ride balance – which, if they have, will make the XFR-S a more appealing bonkers sports saloon than the German offerings. The promise is all there with a new butch front end, a more aggressive body kit, chunks of carbon fibre, a huge rear wing for extra downforce, a new diffuser at the back, stiffer springs, a new rear subframe with stiffer bushes, a tweaked active diff and a tweak of the stability control for more fun.