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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.

Schumacher being taken out of coma

MICHAEL SCHUMACHER is being slowly brought out of his induced coma but a leading neurosurgeon has warned it remains too soon to determine his long-term prognosis. Seven-times Formula One world champion Schumacher, 45, has spent the last month in the University of Grenoble hospital fighting for his life after sustaining brain injuries following a skiing accident in the resort of Meribel. Concern was growing as to whether he would ever make a recovery, or even wake again, but manager Sabine Kehm has now provided official confirmation that steps are under way to bring him out of his coma following the accident on December 29.

Super Bowl MVP Malcolm Smith receives Silverado

Winning the Super Bowl is a tremendous achievement, and after the festivities were over on Sunday, Seattle Seahawks linebacker Malcolm Smith received another present in addition to a Super Bowl ring. Smith was voted Most Valuable Player of Super Bowl XLVIII by fan vote and a media panel on Sunday, during the postgame show. Yet another present was in store for him, as the very next day he received the keys to the official MVP vehicle for this year's Super Bowl, a 2014 Chevrolet Silverado High Country.