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New Volvo V40: Strong residual values predicted

New Volvo V40 – Strong residuals Volvo has had good news from the fleet industry with strong residuals forecast for the new 2012 Volvo V40 ahead of first customer cars. We’ve been very impressed with what we’ve seen of the new Volvo V40; it’s a car that is right on the money in its style, its pricing and its range (although we’d like to see something more exciting at the top end). And now, with production of the V40 under way and the first customer cars expected to arrive in the UK in September, Volvo has had very good news from the fleet industry and the people who set residual values for car finance.

Rolls Royce has record 2008

We reported a while back about Rolls Royce prospering despite the credit crunch, and figures revealed today show that they continue to prosper despite the doom and gloom. When we last wrote about this back in November, we reported that Rolls Royce’s year end showed an increase of 38% year on year, with a total of 945 cars sold. Well, they’ve obviously continued in the same vein as their 2008 sales total has reached 1210, an increase of 20% over 2007.

Exclusive: Pierre Castinel resigns from Head of Design role at Tata

Tata's Head of Design, Pierre Castinel, has resigned from his post to accept a position at PSA, Car Design News has learned. Castinel was originally hired to develop the design direction and form a brand identity for Tata's full line of vehicles, including cars, pickups, SUVs, MPVs, trucks and buses, but things haven't been going well at the Indian automaker. According to insiders, Tata closed Castinel's design studio in the British midlands last year, forcing the UK-based team to move into the automaker's engineering center in Warwickshire.