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Used car sales return to pre-recession levels
Wed, 18 Sep 2013USED CAR SALES reached 7.1 million units in 2012, on a par with pre-recession levels and a climb of 6.4%, according to a comprehensive market report. The 2013 BCA Report by British Car Auctions valued the used car market a £38.1 billion in 2012, putting it £5.8 billion ahead of the new car market over the same period. In particular sales of younger used cars (0-2 years) increased significantly, rising by 18.6% to 762,000 and reversing a three year trend of falling volumes in this age sector.
Audi ARE buying Ducati
Tue, 13 Mar 2012Audi to buy Ducati Audi has entered in to an exclusive deal to buy supercar bike maker Ducati in a deal said to be worth €250 million. The ‘For Sale’ sign has been discretely above the door at superbike maker Ducati for some time, and the money has been on Mercedes snapping up some two-wheeled prestige to add to its four-wheel stable. But it now looks like Audi has beaten them to the prize and look set to buy Ducatti.
Faster Gumpert Apollo model to debut in Geneva
Thu, 12 Feb 2009They may not be lookers, but there is no denying the performance credentials of Roland Gumpert's Apollo sports cars. With the base 650-hp engine package, the brainchild of the former director of Audi Sport is capable of reaching 60 mph in less than three seconds with a top speed or more than 200 mph. But now Gumpert is planning to reveal a faster chapter in the line at next month's Geneva motor show with the Apollo Speed.