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The €2000 car
Fri, 15 Jun 2007By Tim Pollard Motor Industry 15 June 2007 08:28 The market for bargain basement cars costing as little as €2000 (£1400) is about to grow dramatically. CAR Online is reporting from Bosch’s annual technology seminar all week – and we grilled the bosses at the world’s biggest components supplier to find out about the soaring demand for cars priced under €7000 (£4900). Bosch’s president of gasoline systems, Wolf-Henning Scheider, said: ‘According to our estimates, this vehicle class will reach a share of 13 percent of the world market in 2010.
Lincoln MKC Revealed. It’s NOT a titivated Ford Kuga/Escape, say Ford
Thu, 14 Nov 2013The production version of the Lincoln MKC Compact SUV (pictured) has been revealed When Ford divested itself of its premier marques – Aston Martin, Jaguar, Land Rover – it left it with little wriggle room to compete in anything but the mainstream car market. Ford in Europe is trying to address that by launching ‘Vignale’ badged cars which promise to offer more ‘Premium quality’ than its mainstream models, and Ford in the US is doing the same thing by trying to reinvent the Lincoln badge as the answer to German premium models. Step forward the new Lincoln MKC, the production version of the Lincoln MKC Concept we saw at the Detroit Auto Show in January..
Used car values look strong for 2014
Mon, 16 Dec 2013THE VALUE OF USED cars is set to stay strong in 2014 following a rise in values this year, according to the latest analysis of the market. The latest report by British Car Auctions shows that compared to last year, new-to-market car values are around 15% higher than this time last year while older part-exchange cars are as much as 20% higher than a year ago. Simon Henstock, BCA’s UK Operations Director commented “We have seen an upturn in the supply of dealer part-exchanges in 2013, reflecting reports that retail sales have been strong.