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KIA WINS AUTO EXPRESS USED CAR SCHEME OF THE YEAR

KIA’S Approved Used Car Scheme has been recognised as the best in the industry having been crowned Used Car Scheme of the Year in the Auto Express Used Car Awards 2011. The magazine praised Kia for going above and beyond normal approved used programmes with a number of customer benefits including its industry-leading seven year warranty that is fully transferable to subsequent owners.  Approved Used Kias don’t just get the balance of their manufacturer warranty.  Instead, the warranty is topped back up to the full seven years meaning that an Approved Used Kia gets the same warranty as a brand new Kia. Commenting on the award, John Hargreaves, Head of Vehicle Remarketing, Kia Motors said: “When we launched our Approved Used Car Scheme we set out to ensure it really did represent the best possible deal for customers so we’re obviously very proud that this been recognised by Auto Express with this award.

BMW to build Gran Coupe to challenge Mercedes-Benz, Porsche

BMW will build its Gran Coupe concept car, the company's development chief Klaus Draeger said. The production Gran Coupe will rival luxury coupe-styled four-door cars such as the Mercedes CLS, Audi's upcoming A7 and the Porsche Panamera. The concept was unveiled at the Beijing auto show in April.

New CAFE proposal would add $5,000 to sticker price, dealer group says

An Obama administration proposal to nearly double today's fuel economy standards could end up tacking on $5,000 to the sticker price of a new vehicle, a top official with the National Automobile Dealers Association said Tuesday. The proposal, which seeks to raise the corporate average fuel economy to 54.5 mpg by the 2025 model year, would force automakers to adopt costly fuel-saving technologies that could eventually price some buyers out of the new-car market, said Don Chalmers, chairman of NADA's government relations committee. NADA, a dealer trade association, represents 16,000 new-vehicle dealers who operate 32,500 franchises.