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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.

Audi R8 V12 Diesel canned – but it’s old news

The Audi R8 V12 Diesel - Audi confirm it won't be built [ad#ad-1] The interweb is full of stories today revealing that Audi has dropped plans to produce a diesel version of the fabulous R8. The Audi R8 V12 diesel was first shown to a pretty astonished motoring press (and it takes a lot to astonish us) at the Detroit Motor show early last year. So keen were Audi to get the press on-side with the car and the whole concept of a diesel supercar, that they made the R8 diesel available for motoring journalists to have a play.

Jeep uncovers the 2012 Grand Cherokee SRT8 packing 465 hp

Following a one-year hiatus, Jeep is returning the fire-breathing Grand Cherokee SRT8 to the lineup for 2012, which made its world debut at the New York Auto Show. Central to the changes is a new 6.4-liter Hemi V8 engine producing 465 hp and 465 lb-ft of torque--a 45-hp and 45-lb-ft improvement over the outgoing 6.1-liter unit. Jeep says the SRT8 is good to hit 60 mph in 4.8 seconds, cover the quarter-mile in the mid-13-second range and reach a top speed of 155 mph.