Peterbilt 1939 Logo, Metal, New (jus-qpt-3n) on 2040-parts.com

Who's Where: Alfonso Albaisa appointed Nissan Design Director for Global Passenger Vehicles and Electric Vehicles

Alfonso Albaisa has been appointed as Nissan's Design Director for Global Passenger Vehicles and Electric Vehicles, a job that will see him move back to Japan. Albaisa joined Nissan Design America almost 24 years ago and has worked on vehicles in every category and on both interior and exterior projects. He has also worked on customized super yacht design and architecture, one of his particular passions in life.

Peugeot-Citroen signs £1.3bn rescue deal

French car manufacturing giant PSA Peugeot-Citroen has signed a £1.32 billion deal with Chinese carmaker Dongfeng Motors and the French government to secure its future. The far-eastern firm and the French government will each invest €800 million (around £660 million). Both organisations will receive a 14% stake in the business.

USED CAR PRICES FIRMER THAN IN SUMMER

USED CAR prices were firmer across most sectors between September and November than the previous 3 months, according to the used car pricing experts, CAP. The CAP Used Car Price Index also reveals an increase in values for 4x4s over the period while convertibles are hitting the doldrums. A reduction in the number of used cars available overall, at the benchmark 3 year old point, is helping to keep prices relatively stable in most cases.