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Used car sales hit record high

USED CAR SALES were at their highest in five years in 2013. There was a 0.9% increase in used car trades, with more than 6.8 million exchanges of ownership recorded, though this is still some way behind the previous record high of 7.8 million used car sales in 2008. Analysis from Experian shows cars aged nine years old or over were among the strongest performers in the used car market, with sales up 6% in 2013 compared to the previous year.

Jaguar XJ sedan revealed, reaches U.S. showrooms in December

With entertainer Jay Leno acting as host, Jaguar has taken all of the cloaks off the redesigned XJ sedan. Jaguar said the new XJ will go on sale in the United States in December and will carry a base price of $72,500, including shipping charges. The new XJ will be sold in standard- and long-wheelbase versions.

BMW to EXPORT 5-Series from China

BMW are to export China made 5-Series cars When you think about luxury cars in China, you think of big imports from the West at premium prices for newly wealthy Chinese. But BMW are planning to turn that on its head. BMW’s China CEO has revealed that before the end of 2011 we’ll see Brilliance-BMW 5-Series cars being exported to neighbouring Asian countries, as BMW seeks to cash in on its low cost, low duty China manufacturing facility.