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Used car market pressure eases

AN INCREASE in the number of used cars coming into the market has “taken the edge off prices” and calmed some corners of the industry, according to used car pricing experts CAP. A greater influx of part-exchange cars arriving at dealers is partly responsible, and with many franchised dealers focusing for the time being on selling those vehicles, competition to acquire stock on the open market has decreased. CAP reports that the pressure has been lifted on some dealers who had become frustrated at how expensive it was becoming to source cars at fair prices.

College Exhibition: IED Fiat/Chrysler project

Second year students at the Istituto Europeo di Design (IED) in Turin, Italy, recently completed a Fiat/Chrysler sponsored project, which began in February 2009. Conceived as a didactic exercise to think about the recent alliance between Fiat and Chrysler, 37 students were asked to design a vehicle capable of combining the technical know-how, platforms and values of both brands in order to generate interesting and competitive new products for the European and the American markets. In creating their concepts, students were asked to take into account the style, economic accessibility and the low environmental impact of Fiat vehicles as well as the new platforms and major industrial and production capacity afforded by the Italian automaker's alliance with the Chrysler brand.

Lotus Elise S Cup (2015) – the track Elise switches to road

The Lotus Elise S Cup: new track-inspired Elise, but be warned: it costs £43,500 By Tim Pollard First Official Pictures 05 September 2014 14:02 Lotus has announced a new roadgoing Elise S Cup – one of the hardest, purest Elise models yet. There is a snag in taking the Lotus Elise S Cup R from race track to road, however: the price. The S Cup road version will cost around £43,500, making it one of the most expensive Elises to date.