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All used up: Pre-owned sales rise as consumers seek new-car alternatives

Used-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.

Volkswagen mulls new Phaeton for the US market

Volkswagen is giving some serious thought to bringing back the Phaeton sedan to the U.S., Automotive News reports. We haven't seen the Phaeton since 2006, when it was withdrawn from the North American market after lackluster sales. Built at the same factory as the much more expensive Bentley Continental GT and sharing much of the underlying mechanicals, the Volkswagen Phaeton managed to be a slower seller in the U.S.

Lamborghini Veneno Roadster makes its first appearance

The first photo of the Lambnorghini Veneno Roadster Back in July we exclusively revealed plans for a Lamborghini Veneno Roadster, and it looks like it’s almost here after the first photos leaked on to the Interwebs. The Veneno Roadster – the roofless version of the Veneno which debuted at Geneva in March – is the next instalment in Lamborghini’s on-going mission to sell titivated versions of its regular cars at very silly money. Under the titivated and extreme exterior of theVeneno Roadster lies a Lamborghini Aventador, but the price for turning an Aventador Roadster in to a Veneo Roadster is mad – the Veneno Roadster looks set to cost €3.3 million plus tax – enough for ten Aventadors.