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56% of drivers 'underestimated car expense'

MORE THAN half of people who have bought a second-hand car in the last two years have found it more expensive to run than they expected, according to a Government-backed body. Some 56% of motorists said that total cost, including maintenance, repairs, insurance and fuel had turned out to be higher than anticipated and one in five drivers (20%) have resorted to going into debt just to keep their vehicle on the road, the Money Advice Service (MAS) found. One in four (26%) of the 3,000 people surveyed who have bought a second-hand car since 2012 now has regrets about their purchase, with many of them saying they had not worked out whether it was really affordable or that the purchase price was too much in the first place.

BMW confirms its hiring of former Opel product chief Frank Weber

BMW AG confirmed it has hired Frank Weber, former head of product planning at General Motors Co.'s Opel/Vauxhall unit. Weber will become head of vehicle architecture and integration at BMW, a spokesman for the premium carmaker told Automotive News Europe today. The spokesman did not give details of when Weber will start at BMW.

Skoda Yeti rolls out

The first Skoda Yeti has rolled of the production line in the Czech Republic - Delivery in the UK starts in September The Skoda Yeti is a promising, rufty-tufty ‘SmallRoader’, based on parent company VW’s Tiguan. But the Skoda holds the promise of more for less, a trick Skoda has managed to pull off with a number of VW products. Skoda has also been out playing with the Yeti in Norway, exposing it to a wide variety of off and on-road surfaces to shake it down properly before the first customer cars are ready for delivery.