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SMALL CARS DOMINATE USED CAR SALES

SMALL, FUEL-EFFICIENT cars continue to be the most appealing to used car buyers, research shows. The figures from Experian, the global information service, demonstrated that 285,962 used Ford Fiestas were sold last year making it Britain’s best selling used car in 2010. Even though overall sales for the Fiesta were lower than in 2009 there was more of a pronounced drop in sales of Vauxhall's Corsa, which came in second place to the Fiesta.

Lotus gets a new boss – former Citroen Peugeot President Jean-Marc Gales

Jean-Marc Gales left) new Lotus CEO with Aslam Farikullah Following the debacle of Dany Bahar’s grandiose plans to turn Lotus in to a cross between Aston Martin and Ferrari, owners DRB-HICOM/Proton have been busy trying to get ship Lotus back on an even keel. That started with the appointment of engineer Aslam Farikullah as chief operating officer at Lotus when Bahar got his marching orders, and he’s been busy for the last two years bolting Lotus back together, cutting costs, improving quality and increasing sales. Now, it looks like Lotus are readying themselves for the next stage of their recovery – which will include new models – as former PSA president Jean-Marc Gales is appointed as Lotus CEO to work with Aslam Farikullah.

Saturn done in four months

General Motors Co. has halted production of Saturn cars and crossovers and plans to sell the thousands of Saturn vehicles it has in stock within the next four months. Many of the vehicles were built to supply to Penske Automotive Group Inc.