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Used car sales return to pre-recession levels
Fri, 27 Sep 2013As the UK’s buoyant new car sales figures continue to buck the European trend, it was only a matter of time before this had a positive knock-on effect on sales of used cars. Now, according to figures released in the latest BCA Used Car Market Report, used car sales hit 7.1 million last year, outpacing new car sales by 6.4% and, even more crucially, returning to pre-recession levels. Best used car buys for 2013 On Bing: see pictures of used cars In fact, a record £38.1 billion worth of used cars were sold in 2012, £5.8 billion more than was spent on new cars.
Chevrolet Code 130R, Tru 140S at 2012 Detroit show
Mon, 09 Jan 2012Chevrolet's press conference at the 2012 North American International Auto Show was all about youngsters: namely the millennials, or 11-30-year-olds who hold increasing consumer power. GM reckons there are 80 million of them in the US, and they account for $1 trillion of spending power. So it's worth taking them seriously.
Lotus announces Evora Sports Racer
Thu, 20 Dec 2012When one hears the phrase “Lotus sports racer,” the classic Eleven comes to mind, especially in either raw aluminum or British racing green. Others might recall George Follmer's Lotus-Porsche, a Fuhrmann-powered beastlet of a 23 that won the US Road Racing Championship in 1965. This is not that.