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All used up: Pre-owned sales rise as consumers seek new-car alternatives

Used-car sales took a leap upward in April, and the trend is expected to continue at least until midyear as pent-up demand for affordable pre-owned vehicles jacks up at least one segment of the car marketplace. Sales of new cars continued an unabated slide toward what analysts say is a 30-year low in the United States, but used-car sales showed strength as buyers unable to finance new cars shifted their sights to less expensive used models. As a result, retailers such as the large Penske Automotive Group reported that despite an overall decline in sales in the first three months of 2009, improving used-car sales kept them in the black.

Ferrari F620 GT to debut 29th February – video tease

Ferrari start to tease the new F620 GT Ferrari is teasing the replacement for the 599 – probably the Ferrari F620 GT – with a video tease. Debuts 29th February. We’ve known for a while that the replacement for the Ferrari 599 – which looks like it will be the Ferrari F620 or F620 GT – is on its way and due to have its public debut at the Geneva Motor Show in March.

DYPDC Center for Automotive Research & Studies

Last year the doors opened to DYPDC Center for Automotive Research and Studies, a new automotive design school. The institution has grown from strength to strength and has achieved considerable success in this short time. The school is located in the young and thriving cosmopolitan city of Pune, which is already an established educational center having the largest number of resident foreign students in the country.