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USED CAR MARKET BOUNCED BACK IN JANUARY

BCA’S LATEST Pulse report shows that average values rose in January following the disruption caused by the Arctic conditions and shorter trading period in December. The volume of vehicles being traded also increased – not surprisingly very significantly when compared to December, but also by 10% year on year. Vehicles from both the fleet & lease and part-exchange sectors recorded notable value improvements and part-exchange values reached record levels.

Gronholm makes explosive debut at Pikes Peak

By Alex Michaelides Motor Shows 24 July 2009 11:55 Finnish rally ace Marcus Gronholm averted disaster to make a promising debut at the 2009 Pikes Peak international hillclimb. The world rally champion’s attempt was severely hampered when the rear tyre of his Ford Fiesta exploded, forcing him to limp home to a still-respectable fifth position in a time of 11min 28.963sec. Japanese rally star Nobuhiro ‘Monster’ Tajima claimed first prize in his Suzuki SX4 with a time of 10min 15.368sec.

Faulty airbags cause recall of 3.4 million cars

Toyota, Honda and Nissan are recalling more than 3 million vehicles made between November 2000 and March 2004 for faulty airbags from parts supplier Takata, Automotive News reported on Thursday. So far, 1.73 million Toyotas, 1.14 million Hondas, and 480,000 Nissans are involved in the recall. But the report from Automotive News suggests Takata also supplied other manufacturers with the same airbags.