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USED CAR BUYER CONFIDENCE “UNLIKELY TO IMPROVE” IN 2011 SAYS RAC

USED 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 Honda NSX: Time to raid the piggy-bank as the order book opens in the UK

The new NSX got its first outing at the Detroit Auto Show in 2012 and is being developed by Honda in the US with the aim of producing a ‘green’ supercar with advanced environmental performance without sacrificing on-road performance. The 2015 NSX will not only be designed in the US, but built there too The new NSX gets a mid-mounted direct-injection V6 which drives power through Honda’s Sport hybrid SH-AWD system with 2 electric motors that can apply positive or negative torque to the front wheels during cornering which, say Honda, will deliver handling unmatched by other all-wheel-drive systems. Phil Crossman, Honda’s UK MD, said: We are really pleased with the interest we’ve already seen for the new NSX. We are still two years away from the launch of the car and yet we’ve received over 20 deposits and that’s before we’ve even announced prices or seen the final production car.

Cunningham Corvette pulled from Carlisle show

Less than 24 hours after the long-lost No. 1 Briggs Cunningham Chevrolet Corvette received a public viewing, the car has gone back into hiding. The car was set for a public showing Friday afternoon during the Corvettes at Carlisle show in Carlisle, Pa.