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Used car market pressure eases

AN INCREASE in the number of used cars coming into the market has “taken the edge off prices” and calmed some corners of the industry, according to used car pricing experts CAP. A greater influx of part-exchange cars arriving at dealers is partly responsible, and with many franchised dealers focusing for the time being on selling those vehicles, competition to acquire stock on the open market has decreased. CAP reports that the pressure has been lifted on some dealers who had become frustrated at how expensive it was becoming to source cars at fair prices.

GM-CDN Interactive Competition Update

The GM-CDN Interactive Competition is in full flow, and by the time you read this, over 50 entries will have been uploaded to the competition site. We encourage all of our readers to head over to the Car Design Contest page to see what's going on and participate. If you're a design student in North America, make sure you get your entry in as the interior phase of the competition closes soon.

Porsche Museum opens in Stuttgart

Porsche will open the doors to its new museum in Stuttgart tomorrow, January 31. With a collection of 80 vehicles and three exhibit areas spanning the periods before and after 1948, the Porsche Museum includes an array of iconic vehicles and celebrates the outstanding technical achievements of Professor Ferdinand Porsche during the early 20th century. Located in the Stuttgart suburb of Zuffenhausen, where Porsche produces the 911 model series and all of its engines, the new museum was designed by Vienna-based architectural firm Delugan Meissl - which beat 170 other firms in a race to design the building in 2004.