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Car Sales On The Rise But Buyers Seek To Pay Less

LATEST industry data has shown that car buying is on the increase, however budget-savvy prospective buyers want to pay less for their new wheels. Data from Sainsbury's Bank has revealed that as many as 18% of adults are looking to buy a new car in the months up to and including February 2014. And while this is a healthy 28% increase on those who planned purchases in the last six months, those now thinking about buying are likely to pay averages out at £9,934, which is 3.5% down on the figure for the last six months.

Feds look at Toyota electronics as source of accelerator defects

The U.S. Department of Transportation is looking into whether Toyota Motor Corp.'s problems with unintended acceleration can be traced to defects in the electrical controls rather than just the mechanical problems cited by the automaker, a Transportation official said Tuesday. “We're not finished with Toyota and are continuing to review possible defects and monitor the implementation of the recalls,” Transportation Secretary Ray LaHood said in a statement.

HERTZ TO OFFER ELECTRIC IMIEV HIRE

THE HERTZ Corporation has signed an agreement with Mitsubishi Motors in the UK to add the pure-electric vehicle (EV) i-MiEV city car to the fleets of Hertz and car sharing club Connect by Hertz in the UK. The rollout has already begun with two Mitsubishi i-MiEVs now available for Connect by Hertz members to zip around London. Hertz plans to add further i-MiEVs to its fleets throughout the year across the UK, as well as offering vehicles for corporate and university pool fleets.