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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.

KIA WINS AUTO EXPRESS USED CAR SCHEME OF THE YEAR

KIA’S Approved Used Car Scheme has been recognised as the best in the industry having been crowned Used Car Scheme of the Year in the Auto Express Used Car Awards 2011. The magazine praised Kia for going above and beyond normal approved used programmes with a number of customer benefits including its industry-leading seven year warranty that is fully transferable to subsequent owners.  Approved Used Kias don’t just get the balance of their manufacturer warranty.  Instead, the warranty is topped back up to the full seven years meaning that an Approved Used Kia gets the same warranty as a brand new Kia. Commenting on the award, John Hargreaves, Head of Vehicle Remarketing, Kia Motors said: “When we launched our Approved Used Car Scheme we set out to ensure it really did represent the best possible deal for customers so we’re obviously very proud that this been recognised by Auto Express with this award.

Legendary GM design chief Chuck Jordan dies at 83

UPDATED -- Chuck Jordan, the legendary designer who helped usher in the modern era of car styling at General Motors, died on Thursday evening, Dec. 9. He was 83.