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One In Five Behind The Wheel Is Over 65

WE’RE constantly being told that more mature citizens are making up an increasing proportion of the population, and nowhere is this more obvious than on our roads. According to road safety charity the Institute of Advanced Motorists (IAM), there are now more than seven million drivers over the age of 65 in the UK. The figures come from driving licence data published by the DVLA in December 2013, and show that the number of drivers over 65 reached 7,191,192 in November 2013.

Used car sales return to pre-recession levels

USED CAR SALES reached 7.1 million units in 2012, on a par with pre-recession levels and a climb of 6.4%, according to a comprehensive market report. The 2013 BCA Report by British Car Auctions valued the used car market a £38.1 billion in 2012, putting it £5.8 billion ahead of the new car market over the same period. In particular sales of younger used cars (0-2 years) increased significantly, rising by 18.6% to 762,000 and reversing a three year trend of falling volumes in this age sector.

Lotus Cars prepares to hire Lutz, Purves as advisers, sources say

Lotus Cars Ltd. is poised to tap former General Motors Co. product guru Bob Lutz and retired BMW executive Tom Purves to advise the British niche carmaker on a five-year turnaround plan.