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GM to halt medium-duty truck production

Production of the Chevrolet Kodiak and the GMC Topkick medium-duty trucks will cease by July 31, General Motors said Monday. GM has spent four years searching for potential buyers for the truck business, but has decided to wind down its medium-duty truck operations. In 2007, Navistar International Corp.

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.

Toyota Prius MPV teased

The Toyota Prius MPV Facebook Tease We reported back in May that Toyota were finally going to produce a Toyota Prius MPV – probably with an extra row of seats – in 2011. Which looks to be on the money if the photo above, which has turned up on the Toyota Prius Facebook page today, is anything to go by. The photo seems to make it clear that even though Toyota are using the tag line “The Prius family is getting a whole lot bigger” we should sensibly conclude that the biggest bit of bigger is that there will be an MPV and a plug-in.