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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.

Supermarkets launch new petrol price war

British supermarkets have launched a new fuel price war which will see petrol prices dip down below the 130 pence per litre mark. Sainsbury’s was first to move, by cutting a huge 6p per litre off the price of unleaded – taking prices down to 129.9p. How to find the cheapest fuel in your area Petrol: don’t waste time and money shopping around Asda quickly followed up by saying nobody will pay more than 128.7p for a litre of petrol.

Geneva Show 2014: BMW goes front-wheel-drive with 2 Series

HISTORY has been made on the BMW stand at the Geneva Motor Show as it has revealed the production version of its first front-wheel-drive car. The 2 Series Active Tourer is a compact MPV, also a new segment for the firm, and under the distinctive exterior it uses the same chassis and clever three-cylinder engine as seen in the new Mini. In doing so it becomes the first production BMW to send drive to the front wheels alone.