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USED CAR BUYER CONFIDENCE “UNLIKELY TO IMPROVE” IN 2011 SAYS RAC

USED CAR buyer confidence is unlikely to improve significantly in 2011, meaning that demand for safety net products such as extended warranties will remain strong, says RAC Warranty. The company points out that at the end of 2010, used car warranties are still being enhanced – by both length of time and depth of cover – at around the same rates as during the worst parts of the recession, indicating that the mood of consumers remains cautious. Ian Simpson, sales and marketing director, said: “Next year, the measures that the coalition Government has undertaken to reduce public spending will really start to bite and that will have a definite impact on general confidence.

Mercedes S-Class AMG Sport Edition – it’s another S-Class run-out special

The Mercedes S-Class AMG Sport Edition is another ‘final’ S Class model with extra equipment as the W221 comes to the end of its shelf life. The current Mercedes S-Class (W221) has been with us since 2006, despite which it’s still a fine car (and a great secondhand buy), but it’s about to be replaced by an all new S-Class. That’s why S-Class sales are falling and why Mercedes has rolled out the S-Class Grand Edition and CL Grand Edition to persuade buyers that a new S-Class (or S-Class coupe, in the case of the CL) is still a good place to park a sizeable chunk of change.

Porsche – the boss goes

Porsche boss Wendelin Wiedeking quits Well, Wendelin Wiedeking is not just any old suit, but the man credited with taking Porsche from an ailing, one-model car maker to the cash-cow it became. But Wendelin has become a victim of his own success – and the current economic woes. At any other time in the last decade, Wendelin’s plans to swallow VW would have worked.