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CDN launches Car Design Awards China

阅读本文中文版本请点击这里 The next generation of designers in China is again being invited to enter the CDN competition dedicated to identifying the most promising talent among them. The third annual Car Design Awards China is now open, and entries are invited from students of any design discipline who are studying full time at a college in China. They will work to briefs set by the design chiefs of OEMs including Daimler, GM, JAC, Nissan and Volkswagen.

Used car values look strong for 2014

THE VALUE OF USED cars is set to stay strong in 2014 following a rise in values this year, according to the latest analysis of the market. The latest report by British Car Auctions shows that compared to last year, new-to-market car values are around 15% higher than this time last year while older part-exchange cars are as much as 20% higher than a year ago. Simon Henstock, BCA’s UK Operations Director commented “We have seen an upturn in the supply of dealer part-exchanges in 2013, reflecting reports that retail sales have been strong.

Luxury car price crash in China

Mercedes in China offering 25 per cent discounts on S Class Mercedes, BMW and Audi are having to offer discounts of up to 25 per cent on luxury cars in China to shift stock. The huge Chinese car market has been seen as a sales salvation for Western car makers; the automotive equivalent of shooting fish in a barrel. But it looks like that’s all changing, particularly at the luxury end of the market.