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All used up: Pre-owned sales rise as consumers seek new-car alternatives

Used-car sales took a leap upward in April, and the trend is expected to continue at least until midyear as pent-up demand for affordable pre-owned vehicles jacks up at least one segment of the car marketplace. Sales of new cars continued an unabated slide toward what analysts say is a 30-year low in the United States, but used-car sales showed strength as buyers unable to finance new cars shifted their sights to less expensive used models. As a result, retailers such as the large Penske Automotive Group reported that despite an overall decline in sales in the first three months of 2009, improving used-car sales kept them in the black.

Nurburgring redesign plans unveiled

By Ben Barry Motor Shows 13 November 2008 09:19 Anyone who’s been to the Nurburgring recently will have seen building work on a massive scale. So what’s going on? It’s all part of a €215 million investment that’ll see Europe’s most famous race track build on its uber track day reputation to become what marketing boss Stephan Cimbal describes as a motorsport theme park that’s open 365 days a year.

UK car market slumps to 'worst since 1966'

Britain's new-car market is nosediving. Purveyors of big expensive cars – like Porsche – are experiencing that sinking feeling By Tim Pollard Motor Industry 05 September 2008 07:07 Credit crunch, spiralling oil prices, fragile consumer confidence... It's small wonder that the UK's car market is in turmoil.