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SECOND-HAND CAR MARKET REVS UP
Thu, 10 Oct 2013THE SECOND-HAND car market is accelerating again, according to latest figures. A total of 1.8 million used cars were sold in the period July to September 2010 - a 4% rise on the same period in 2009, statistics from information services company Experian showed. The summer 2010 figure was 1.1% higher than the figure for the previous three months of April-June 2010.
Jaguar Land Rover in talks to buy Aston Martin
Fri, 16 Nov 2012Talks have taken place between Tata – owners of Jaguar Land Rover – and the Kuwait Investment Dar – owners of Aston Martin. We reported a year ago that Aston Martin needed a big car maker behind it to have any chance of survival, and just last week the world caught up with that story as it was revealed the Kuwait Investment Dar – majority shareholder in Aston Martin – was seeking a buyer for Aston Martin. We said a year ago that Jaguar Land Rover was the best fit as a buyer for Aston Martin, but we doubted JLR would want to go back to being the poor relation to AML – as it was in the days of Ford’ ownership of the brands – where a Jag was a poor man’s Aston.
Ferrari California: more power in 2012 update
Fri, 28 Oct 2011Ferrari is updating the California coupe-convertible for 2012, CAR has learned. According to dealer updates provided to prospective owners, the new 2012 California will be more powerful, lighter and with a smattering of new tech to give it a second wind. The new Ferrari California will start production in January 2012, with first UK deliveries due in time for the new '12' plate in the UK next March.