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LCV VALUES DEFY POOR CONDITIONS

AN INCREASE in demand for four-wheel drive light commercial vehicles saw LCV values rise during December 2010, according to new figures from British Car Auctions. After reaching a low-point in November, the cold weather inspired a £37, or 0.9 per cent, rise in average LCV values to £4,067. Values were also boosted by a 25 per cent decline in the number of vehicles that came to auction during the month.

Car sales plunge, Bank of England cuts rates

New car sales plunge in October: Renault sales were down by more than half By Nigel Wonnacott Motor Industry 06 November 2008 12:30 Following the sixth monthly decline in new car sales this year (down 23% this month), economists have revised market forecasts downwards, while the Bank of England has cut interest rates by 1.5%. October’s 23% drop was the worst so far and trade body SMMT now fears sales could end the year at just 2.15 million cars. That’s 8% lower than the 2.34 million predicted to leave showrooms back in January and would be the worst market performance in more than a decade.

Citroen DS5 – First video tease?

Citroen DS5 Hybrid diesel electric – is the video below the tease for the concept? Despite our original scepticism (grumpy old man syndrome) that Citroen were intent on wrecking their history by cashing in on the DS tag – and badge engineering prosaic product with an iconic badge – we’ve been pretty much won over by the first offering from the upmarket DS range – the Citroen DS3. So we were happy to see Citroen pushing forward with the next in line- the DS4 -with its DS4 / High Rider Concept which we saw at Geneva earlier this year.