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Who's Where: Dave Rand resigns from Changan Automobile
Mon, 27 Feb 2012Dave Rand, the former General Motors Design Chief, has resigned from the Chinese State-owned automaker after joining the company last October. Rand's resignation, which was made official last week, follows that of his senior at Changan, Ken Ma who stepped down as Vice President of Design earlier this year. It is not clear precisely why both men have decided to leave the Chinese carmaker, but several people familiar with the situation have said that both Rand and Ma's departures are connected with Changan Auto's recent financial difficulties.
Are used car prices about to spiral down?
Thu, 04 Apr 2013CAP – the used car price specialists – are warning that used car prices, particularly ’almost’ new car prices, are set to tumble as nearly new cars hit the market. The car market in the UK has proved amazingly resilient to the general malaise in the economy, with new car sales continuing to rise strongly and used cars seemingly immune to big depreciation drops. But CAP – who gauge used car prices for the motor trade – are warning that this could be about to change as the impact of recent trading in new cars is about to start impacting on used car prices, particularly prices for cars less than a year old.
Enzo Ferrari Wallpapers
Sat, 28 Mar 2009Free Ferrari Enzo Wallpapers Just 400 examples of the Ferrari Enzo have been built. Launched at the Paris Motor Show in 2002, the Enzo had a list price of $643,330 but, due to the exclusivity of the car, you would now have to pay at least 50% more to buy one. The mid-engined V12, linked to an F1 ‘box, delivers 651bhp, with a 0-60 time of 3.1 seconds and a 0-100 time of 6.6 seconds, with a top speed of over 225mph.