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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.

Lexus previews production NX compact crossover

Lexus has published a preview of the 2015 Lexus NX luxury compact crossover, scheduled to debut April 20 at the 2014 China auto show in Beijing. The upcoming Lexus NX is meant to battle the likes of the BMW X1, the Audi Q3, and the Mercedes-Benz GLA, and it was previewed earlier in concept form as the LF-NX. Lexus has once again gone from concept to production vehicle in record time, and if this teaser image is any indication, it has significantly toned town the design of the LF-NX concept -- no surprise there, though in this case it appears Lexus has ditched the angular design language almost entirely.

National Corvette Museum offers free admission to service personnel in November

The National Corvette Museum is showing its appreciation for those who wear the uniform by offering free admission in November. All military personal--plus police officers, firefighters and their immediate families--can get into the Bowling Green, Ky., shrine to America's sports car by showing their service identification. The newly expanded facility features more than 80 rare and classic Corvettes.