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Car Sales On The Rise But Buyers Seek To Pay Less

LATEST industry data has shown that car buying is on the increase, however budget-savvy prospective buyers want to pay less for their new wheels. Data from Sainsbury's Bank has revealed that as many as 18% of adults are looking to buy a new car in the months up to and including February 2014. And while this is a healthy 28% increase on those who planned purchases in the last six months, those now thinking about buying are likely to pay averages out at £9,934, which is 3.5% down on the figure for the last six months.

Could the McLaren P13 get a Honda engine?

The McLaren P13 is due to arrive in 2015 and we’re expecting it to get a de-tuned version of the 3.8 litre V8 already found in the 12C (pictured above) and P1, and be priced to take on the almost empty sector (in terms of price) the Porsche 911 Turbo occupies - somewhere around £125k. It’s a sensible plan to fill a potentially lucrative sector of the supercar market with a mid-engined, rear wheel drive ‘baby’ supercar with performance of around 3.8 seconds to 60mph and stunning handling. It should give the 911 Turbo a run for its money.

Now even Audi slows production

We’ve written endlessly about the slow down in car production worldwide. All the top end manufacturers have made savage cuts in jobs and production. But there seemed to be one company bucking the trend – Audi.