Le Pera Cobra Pleated Full-length Seat Lk-070pt on 2040-parts.com

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.

IDEA Institute acquired by Quantum Kapital

Turin-based automotive design, modeling and engineering firm IDEA (Institute of Development in Automotive Engineering) has been sold to Quantum Kapital AG, an investment company with an industrial emphasis based in St. Gall, Switzerland. The transaction is expected to be completed in the next few weeks.

Jaguar F-Type: FAST (video)

With the Jaguar F-Type close to launch at the Paris Motor Show, Jaguar has released a new video extolling its performance potential. Although we’ve been looking at the Jaguar F-Type Roadster (albeit with a black and white camouflage paint job) since April, it doesn’t officially arrive until Paris next month. But Jaguar has learnt that the Interwebs like a constant drip of new information on hotly anticipated cars, so they’ve dropped a new video for the F-Type focussing on its performance.