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Used car sales return to pre-recession levels

As the UK’s buoyant new car sales figures continue to buck the European trend, it was only a matter of time before this had a positive knock-on effect on sales of used cars. Now, according to figures released in the latest BCA Used Car Market Report, used car sales hit 7.1 million last year, outpacing new car sales by 6.4% and, even more crucially, returning to pre-recession levels. Best used car buys for 2013 On Bing: see pictures of used cars In fact, a record £38.1 billion worth of used cars were sold in 2012, £5.8 billion more than was spent on new cars.

Jody Scheckter turns farmer

Jody Scheckter Mercedes-Benz By Ben Whitworth Motor Industry 26 August 2008 10:11 Ever wondered what happens to F1 world champions when they hang up their race suits? Jody Scheckter – the last man to give Ferrari a world championship in 1979 before Michael Schumacher stepped in – has traded in the glamour of the pit lane for farming. The owner of the award-winning Laverstoke Park farm and acclaimed organic expert, South Africa-born Scheckter has sealed a deal with Mercedes-Benz World to supply the experience centre’s Gullwing Restaurant with organic food from his Hampshire farm.

Tesla Model S to get 4WD option in 2014

The Tesla Model S (pictured) to get 4WD option in 2014 The Tesla Model S is an astonishing success for Tesla, and has turned a company on the edge of financial chaos, and in hock to the government, in to a stock market darling thanks to strong sales and great reviews. Tesla’s next trick should be the arrival of the Model X SUV in 2015, which will be a jacked up Model S with 4WD and the promise of impressive performance at a price that will go right to the heart of SUV/SAV offerings from the Germans and Land Rover. But ahead of the Model X actually arriving in Tesla Showrooms and customers’ hands, it looks like Tesla are set to add a 4WD option to the Model S using the drivetrain they’ve developed for the Model X.