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GM U.S. sales boss LaNeve to leave on Oct. 15

General Motors Co.'s head of U.S. sales, Mark LaNeve, is resigning effective Oct. 15 as the automaker continues to struggle with one of the worst years in U.S.

Audi A5 Sportback (2009) teaser photo, sketch and video

By Ben Pulman First Official Pictures 17 June 2009 00:01 This is the first picture of Audi’s new A5 Sportback, essentially an (oxymoronic) four-door version of its A5 Coupe. It’s the first time Audi has officially acknowledged the existence of the car, and along with the solitary photo, the company has also issued a design sketch and video to drum up interest ahead of the A5 Sportback’s launch later in 2009. Bingo – that’s exactly Ingolstadt’s catchphrase for the new car.

SEASONAL PRESSURES SEE MARKET SLOW IN JULY

AUCTION house BCA’s latest Pulse report shows that demand for older, lower value dealer part-exchange cars improved in July, but the fleet and lease sector has experienced more price pressure. The headline average used car value declined in July, as would typically be expected at the onset of the summer holiday months. Values across the board fell to £5,633 down from the £5,662 recorded in June – a £29 decrease that was equivalent to 0.5% fall.