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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.

Mercedes-Benz, Duesenberg named winners at Concours d'Elegance of America

A 1933 Duesenberg Model SJ Riviera Phaeton Brunn and a 1938 Mercedes-Benz 540K Autobahn Kurrier took top honors at the Concours d'Elegance of America at St. John's in suburban Detroit on Sunday. The event was formerly known as the Meadow Brook Concours d'Elegance, but it was moved this year from the grounds of Oakland University north of Detroit to Plymouth, a suburb west of the city.

Enthusiasts say good-bye to Ferrari expert Gerald Lee Roush

Influential Ferrari expert Gerald Lee Roush, the founding editor and publisher of the Ferrari Market Letter, died on May 21 after complications from a heart attack. He was 68. Born in Durango, Colo., Roush started his publication while teaching history at Abraham Baldwin College, according to the Atlanta Journal-Constitution.