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USED CAR MARKET BOUNCED BACK IN JANUARY

BCA’S LATEST Pulse report shows that average values rose in January following the disruption caused by the Arctic conditions and shorter trading period in December. The volume of vehicles being traded also increased – not surprisingly very significantly when compared to December, but also by 10% year on year. Vehicles from both the fleet & lease and part-exchange sectors recorded notable value improvements and part-exchange values reached record levels.

Porsche plans a hybrid in every model line

Porsche is counting on hybrid drive to help reduce its fleet CO2 emissions. “In the future, we will have hybrid drive in every model line," development chief Wolfgang Duerheimer said. Earlier this year, Porsche launched a hybrid version of its Cayenne SUV.

Trail of clues leading to Chevrolet SS nameplate

Connecting the dots that lead to Chevrolet's as-yet-unnamed new model seems to lead back to one storied name: SS. The latest clue that a rear-wheel-drive performance sedan named simply SS could soon join nameplates such as Malibu and Suburban in Chevy's lineup came from an unlikely source: GM itself. A page on the OnStar Web site had listed the GM models that are compatible with a mobile app that gives owners remote vehicle access through their smartphones.