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Car dealers are buying again

Used car sales in the UK (and just about everywhere else, for that matter) have been in the doldrums, to say the least, for many months. The inexorable decline in car values has left many dealers nursing painful losses on stock cars, and has led to the strange situation where, however desperate a dealer was to sell you a new car, he wouldn’t (or couldn’t) offer you a part-ex price. Car dealers are buying stock again But according to the used car value Gurus at Glasses Guide, things are starting to look up – a little.

2015 Chevrolet Corvette Z06 spied

The 2014 Chevrolet Corvette Stingray is heading to dealerships now, which means it's a perfect time to start salivating over the prospect of an even more extreme take on an American classic: The 2015 Corvette Z06. These spy photos give us a hint at what to expect when Chevy gets around to announcing the car. From the look of it, the next Z06, which some sources suggest may be called the Z07, will be even meaner looking than the base Stingray.

Ford boss Alan Mulally on how he saved Ford

Ford president and CEO Alan Mulally today told British business leaders how he saved Ford from the worst recession for a generation. He also outlined how the Ford range will shrink from 97 models sold globally to just 20. Mulally gave the keynote speech to the Confederation of British Industry in London, where business bigwigs heard how Ford became the only Detroit car maker not to collapse into bankruptcy.