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UK new car sales hit a ten-year high

UK new car sales continue to scale new heights, with more new cars sold in March 2014 than in any month in the past decade. Sales figures released by the Society of Motor Manufacturers and Traders (SMMT) reveal that 464,824 new cars were registered last month – a 17.7% rise over March 2014. It continues the trend of rocketing sales, with year-to-date registrations up 13.7%.

Are used car prices about to spiral down?

CAP – the used car price specialists – are warning that used car prices, particularly ’almost’ new car prices, are set to tumble as nearly new cars hit the market. The car market in the UK has proved amazingly resilient to the general malaise in the economy, with new car sales continuing to rise strongly and used cars seemingly immune to big depreciation drops. But CAP – who gauge used car prices for the motor trade – are warning that this could be about to change as the impact of recent trading in new cars is about to start impacting on used car prices, particularly prices for cars less than a year old.

Jaguar XKR175 Coupe Debuts at Pebble Beach

The Jaguar XKR175 - to celebrate 75 years of Jaguar If you read the report we recently did about Jaguar celebrating its 75th anniversary by launching the Limited Edition Jaguar XKR75 in to Europe, you could be forgiven for thinking that either the headline is a mistake or Jaguar has had a quick recalculate and realised they’d actually been in business for a century more than they thought. But if you reached that perfectly reasonable conclusion, you’d be wrong. In the UK and Europe Jaguar decide that the car to celebrate 75 years should be called the 75 and be produced in that number – so 75 are being made.