Arias Pistons 12.5:1 Compression 82mm Bore Honda B-series on 2040-parts.com

Senate approves tax break for auto loan interest

The U.S. Senate voted on Monday to make loan interest and sales taxes on vehicle purchases deductible from federal income taxes. The proposal, championed by the National Automobile Dealers Association, was added to an economic stimulus bill under debate in the Senate.

SEASONAL PRESSURES SEE MARKET SLOW IN JULY

AUCTION house BCA’s latest Pulse report shows that demand for older, lower value dealer part-exchange cars improved in July, but the fleet and lease sector has experienced more price pressure. The headline average used car value declined in July, as would typically be expected at the onset of the summer holiday months. Values across the board fell to £5,633 down from the £5,662 recorded in June – a £29 decrease that was equivalent to 0.5% fall.

Mazda Kiyora Concept & SKY Tech

The Mazda Kiyora Concept will be at the Tokyo Motor Show in October The Mazda SKY-G is a new direct injection petrol engine and the Mazda SKY-D is Mazda’s new, clean diesel. They are shown off in a display featuring “Technologies for Today, Tomorrow and The Future”, together with Mazda’s new Mazda SKY Drive high-efficiency automatic transmissions. These new technologies are expected to bring Mazda’s corporate average fuel economy down by 30% in the next five years.