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USED CAR MARKET BOUNCED BACK IN JANUARY

BCA’S LATEST Pulse report shows that average values rose in January following the disruption caused by the Arctic conditions and shorter trading period in December. The volume of vehicles being traded also increased – not surprisingly very significantly when compared to December, but also by 10% year on year. Vehicles from both the fleet & lease and part-exchange sectors recorded notable value improvements and part-exchange values reached record levels.

Tesla Model S EV the best-selling car in Norway

Tesla Model S EV (pictured) is the best-selling car in Norway We’ve already seen that the Tesla Model S electric car is out-performing many luxury cars in the US, and with reviews of the Tesla S finding very little not to like it seems strong Tesla S sales are a trend that will continue. But it’s one thing taking on low-selling, high-end cars, and quite another becoming the best-selling car bar none in a given market, but that’s exactly what Tesla has achieved in Norway in the first few weeks of September. Admittedly, Norway’s car market isn’t huge, but the Tesla Model S managed to move in to buyers hands in Norway in the first two weeks of September at a quicker rate than even the regular VW Golf, selling 322 compared to the Golf’s 256.

Bentley slaps on a 5 per cent price hike for UK Cars

Bentley are raising UK Car Prices by 5% from 1st April 2009 I’m sure all us Brits still think of Bentley as a good old British Car Producer. But when we pause and think we remember that they are in fact part of VW, and therefore very much a European car maker. Which explains why, despite the cars being bolted together here, Bentley feels the need to put UK Car prices up by 5% from 31st March, due to the current weakness of Sterling.