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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.

Volkswagen demonstrates self-driving car

Flying cars might still be on the drawing board, but automakers are making progress toward futuristic advances in driving. The latest example from Volkswagen is a car that can essentially drive itself. Volkswagen presented its Temporary Auto Pilot (TAP) system this week at the European Union research project HAVEit (Highly Automated Vehicles for Intelligent Transport).

Video: Classic Car TV goes to the Monterey Motorsports Reunion, rides in a classic T-Bird

Our friends at Hagerty are back with the fourth episode of Hagerty Classic Car TV. This time, host Matt Richmond takes us to California for the Monterey Motorsports Reunion at and takes a spin in a classic Ford Thunderbird. News coverage includes the Fall Auburn Auction, where some rare vehicles sold for less than expected; Texas speed limits, and the Freddie Mercury Edition Lotus Evora.