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Are used car prices about to spiral down?

CAP – the used car price specialists – are warning that used car prices, particularly ’almost’ new car prices, are set to tumble as nearly new cars hit the market. The car market in the UK has proved amazingly resilient to the general malaise in the economy, with new car sales continuing to rise strongly and used cars seemingly immune to big depreciation drops. But CAP – who gauge used car prices for the motor trade – are warning that this could be about to change as the impact of recent trading in new cars is about to start impacting on used car prices, particularly prices for cars less than a year old.

Nissan to launch plug-in hybrid & develop fuel cells with Mercedes

Nissan Renault & Mercedes working on 'Green' technology We have been a bit scathing about electric cars, and Nissan’s over-priced LEAF being proclaimed as a viable alternative to the ICE car. But we certainly understand the imperative for car makers to build cars which produce less CO2 (a highly dubious requirement) and use far less fuel (a very solid requirement). Sensibly, Nissan Renault, under Carlos Ghosn, aren’t putting all their eggs in one basket in the quest to make their cars cleaner, greener and more economical.

Who's Where: Christopher Weil becomes head of Mini exterior design, Marcus Syring head of Rolls-Royce exteriors

An internal reshuffle in Munich has seen Christopher Weil appointed head of exterior design for Mini, replacing Marcus Syring who takes up a similar position at Rolls-Royce. The changes see Weil return to Munich after just over a year as director of automotive design at BMW DesignworksUSA in LA. His portfolio includes the BMW 328 Hommage, F30 3 Series, 5 Series GT, current 7 Series and 4 Series.