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Lexus IS 250 Advance & 200d Advance announced

The Lexus IS 200d Advance We should cherish the Lexus IS. No, not because it’s a Lexus – although the Lexus fixtures, fittings and build quality do make it score highly on many a car buyer’s radar – but because it’s NOT got Hobson’s choice on the engine front. You can actually opt for a real ICE engine and – shock, horror – a proper gearbox.

All used up: Pre-owned sales rise as consumers seek new-car alternatives

Used-car sales took a leap upward in April, and the trend is expected to continue at least until midyear as pent-up demand for affordable pre-owned vehicles jacks up at least one segment of the car marketplace. Sales of new cars continued an unabated slide toward what analysts say is a 30-year low in the United States, but used-car sales showed strength as buyers unable to finance new cars shifted their sights to less expensive used models. As a result, retailers such as the large Penske Automotive Group reported that despite an overall decline in sales in the first three months of 2009, improving used-car sales kept them in the black.

VW’s big jump in profits shows the cost for ‘Premium’ badges

Volkswagen’s profits jumped by £5.7 billion to £25.5 billion with sales numbers up by one million. But the big profits come from ‘Premium’ badges. What’s in a name?