Exhaust System Insulator Walker 35206 on 2040-parts.com

Lack of history loses 20% of a car’s value

A CAR being sold without a full service history is worth one-fifth less on average than a car with a fully stamped service book. This amounts to an average of £1464 for the typical used car sold in the UK with a price of £7706. A study by Kwik Fit found buyers expect a 19% discount for cars with incomplete or no service history, which is costing the used car industry £10 billion per year in lost revenue.

Glittering for charity: Pacific Northwest concours benefits kids, celebrates cars

As car shows go, it surely must rank among the most picturesque. Set on Lake Washington with the Olympic Mountain range looming in the background, the Kirkland Concours d'Elegance is quickly becoming a highlight of the summer show circuit. But it's not just a celebration of old and perfect automobiles.

VW halts merger talk with Porsche

Volkswagen on Sunday slammed the brakes on merger talks with Porsche, just before the first meeting to discuss ways to bring all of the automakers' brands together under one entity. VW said that it made the move because it believes that Porsche doesn't have a solid plan for the merger. VW and Porsche announced the plan to hold merger talks on May 6.