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Used cars 'getting cheaper'

CONSUMERS holding on to their motor for longer are driving down the cost of used cars, according to new research. The average price for a second-hand car in July-September 2011 was £8,870 - a 2.4% decline compared with the same period a year ago, according to the Auto Trader company. It is the first time the price has dipped below £9,000 since the company started tracking the market in January 2010.

Chinese storm the US

By Liz Turner Motor Industry 14 January 2008 21:31 Two years ago, the Chinese manufacturer, Geely, parked a single saloon in the foyer of the Cobo Exhibition Centre for the auto show press day. This year five Chinese manufacturers are presenting their wares, and all have ambitions to start selling them here. Some are seeking co-operative deals with established companies, but none want the role taken by Chery, producing cars designed and engineered by Chrysler.

BMW Mega City Vehicle (2013) and sports car news

The Vision Efficient Dynamics concept car is tipped as a potential addition to the MCV sub brand By Tim Pollard Motor Industry 03 June 2010 22:49 BMW's new Mega City Vehicle (MCV) will launch in 2013 and spawn a whole family of innovative, high-tech models – possibly including a production version of the Vision Efficient Dynamics concept car, according to the sales boss. Ian Robertson, board member for sales and marketing at the BMW Group, said the MCV would be the brand's first full series production electric car at launch in 2013.'It will be badged as a BMW sub brand - with a propeller badge and a separate name,' he said. 'We are in the final stages of deciding what that name will be and there are some exciting options.