Original Sales Brochure 1963 Chevy Ii on 2040-parts.com

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.

Ford names China's Geely as preferred bidder for Volvo

Chinese automaker Geely Group Holding Co. is Ford Motor Co.'s preferred bidder to purchase Volvo Car Corp. Ford said Wednesday that it will start more detailed negotiations with Geely, adding that no final decisions have been made.

Mercedes-Benz E63 AMG wagon headed to North America

Mercedes-Benz officials confirmed on Thursday that the 2012 E63 AMG wagon will be part of the North American lineup. Slated to arrive in October, the high-performance wagon will get the same 5.5-liter twin-turbocharged, direct-injection V8 that debuted in the 2012 E63 AMG sedan at the New York auto show in March. It produces 518 hp and 516 lb-ft of torque.