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PREMIUM CARS IN DEMAND DESPITE RISING FUEL PRICES

THE RECENT sustained surge in UK petrol prices is not having a detrimental effect on the market for used luxury cars, large prestige SUVs and supercars, that’s according to industry experts Glass's. Current pump prices are at record highs, however whilst the value of a typical family car has risen by at least two per cent since January, large 4x4s have registered a rise of twice this amount. Also faring well during this period are luxury cars and supercars, which have followed the upward trend of family cars.

Car Finance: ING withdrawal sees Bridford & DSG merge

The withdrawal of ING from the UK car finance market has led to the merger of Bridford Financial Solutions and DSG Financial Services. The resilience of the UK’s luxury car market is, to a great degree, driven by the availability of decent finance deals to secure a sale, and much of that business was underwritten by ING. But ING has withdrawn from the UK car finance market.

Porsche 959 prototype to cross the block at Barrett-Jackson

When Professor Helmuth Bott arrived at the fledgling Porsche sports-car company in 1952, he was in his late 20s. The young engineer's first assignment was setting up a gearbox test stand for the company's new all-syncromesh Type 519 transaxle. Thirty-one years later, he gave the go-ahead for the development of a car that was to be the ultimate bleeding edge of what Porsche knew about building a rear-engined sports car.