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Audi debates bringing its Q3 crossover to the United States
Mon, 19 Sep 2011Audi hasn't decided whether to bring the compact Q3 crossover to the United States, but it could happen in three years after a midlife freshening, said Johan de Nysschen, president of Audi of America. "We have to look at the economic feasibility, and it has to hit targets. We have to overcome certain challenges," de Nysschen said at the Frankfurt auto show.
Ford boss Alan Mulally on how he saved Ford
Mon, 27 Sep 2010Ford president and CEO Alan Mulally today told British business leaders how he saved Ford from the worst recession for a generation. He also outlined how the Ford range will shrink from 97 models sold globally to just 20. Mulally gave the keynote speech to the Confederation of British Industry in London, where business bigwigs heard how Ford became the only Detroit car maker not to collapse into bankruptcy.
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.