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All used up: Pre-owned sales rise as consumers seek new-car alternatives
Fri, 22 May 2009Used-car sales took a leap upward in April, and the trend is expected to continue at least until midyear as pent-up demand for affordable pre-owned vehicles jacks up at least one segment of the car marketplace. Sales of new cars continued an unabated slide toward what analysts say is a 30-year low in the United States, but used-car sales showed strength as buyers unable to finance new cars shifted their sights to less expensive used models. As a result, retailers such as the large Penske Automotive Group reported that despite an overall decline in sales in the first three months of 2009, improving used-car sales kept them in the black.
Volvo PCP Performance Division planned on the back of rising sales
Mon, 04 Jul 2011The Volvo C30 PCP by Polestar - 400bhp and £50k You’re not a serious player in the desirable saloon car stakes unless you have a performance division. BMW has the M Division and Mercedes has AMG; even VW has swapped out its Volkswagen Individual in to a division just to fettle ‘R’ cars and sell associated paraphernalia - Volkswagen R GmbH. And now it seems it’s the turn of Volvo.
Aston Martin One-77 supercar (2009): first official picture
Fri, 08 Aug 2008By Ben Pulman First Official Pictures 08 August 2008 00:01 This is Aston Martin’s new One-77, an ultra-exclusive £1.2m supercar-cum-work-of-art. A maximum 77 of these bespoke creations will be produced, hence the name, each one underpinned by an all-new carbonfibre chassis that supports a 7.0-litre V12 and handcrafted aluminium bodywork. One-77 is merely the project’s working title – the fastest, most exclusive Aston supercar ever will have a snappier name by 2009, when deliveries begin.