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USED CAR BUYER CONFIDENCE “UNLIKELY TO IMPROVE” IN 2011 SAYS RAC
Thu, 10 Oct 2013USED CAR buyer confidence is unlikely to improve significantly in 2011, meaning that demand for safety net products such as extended warranties will remain strong, says RAC Warranty. The company points out that at the end of 2010, used car warranties are still being enhanced – by both length of time and depth of cover – at around the same rates as during the worst parts of the recession, indicating that the mood of consumers remains cautious. Ian Simpson, sales and marketing director, said: “Next year, the measures that the coalition Government has undertaken to reduce public spending will really start to bite and that will have a definite impact on general confidence.
New Nissan Altima guns for bigger slice of midsize-sedan segment
Wed, 16 May 2012Nissan North America has launched production in Tennessee of the redesigned 2013 Altima sedan that it hopes will challenge the family-sedan supremacy of the Toyota Camry. "We didn't put all of the investment into this product and put in all the features with an expectation to be No. 2," said Bill Krueger, vice chairman of Nissan Americas, after the first 2013 model rolled off the line in Smyrna, Tenn., on May 15.
Land Rover builds 1,000,000th Discovery
Wed, 29 Feb 2012The 1,000,000th Land Rover Discovery has rolled off the line at the company's Solihull plant in West Midlands in the United Kingdom. To celebrate the milestone, Land Rover is sending the SUV on an 8,000-mile, 13-country “Journey of Discovery” from Birmingham to Beijing for the motor show on April 23. The company did the same thing in 1955 when the first Series 1 rolled off the line.