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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.

Forza Motorsport 5 announced for the Xbox One

Xbox fans who also dig racing rejoice: “Forza Motorsport 5” was confirmed today by Microsoft during their press release for its new console, the Xbox One. Developed by Turn 10 Studios, the game will be available later this year simultaneously with the console. While no official launch date was confirmed, we would not be surprised to see “Forza Motorsport 5” under Christmas trees come December.

Renault R-Space concept car (2011) at 2011 Geneva motor show

Renault will show off a glimpse of its thinking for the Scenic segment with the new R-Space concept car at the 2011 Geneva motor show. It’s a 4.3m long show car that’s designed to inject some pizzazz where today’s Scenic prefers a more sober style. The new-fangled Renault look as pioneered by incoming design chief Laurens van den Acker is present and correct: there’s a large diamond on the nose and heaps more character than the current MPV.