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USED CAR BUYER CONFIDENCE “UNLIKELY TO IMPROVE” IN 2011 SAYS RAC

USED CAR buyer confidence is unlikely to improve significantly in 2011, meaning that demand for safety net products such as extended warranties will remain strong, says RAC Warranty. The company points out that at the end of 2010, used car warranties are still being enhanced – by both length of time and depth of cover – at around the same rates as during the worst parts of the recession, indicating that the mood of consumers remains cautious. Ian Simpson, sales and marketing director, said: “Next year, the measures that the coalition Government has undertaken to reduce public spending will really start to bite and that will have a definite impact on general confidence.

Bentley & Lamborghini SUV on hold?

Reports today say that VW is planning to put the Bentley SUV and Lamborghini Urus SUV on hold as VW fights to cut costs. Despite still strong sales, VW is now forecasting lowered sales going forward than previously expected and looking at ways to keep costs in check until the economy starts moving in the right direction again. And one of those cuts seems to be the launch of luxury SUVs by Bentley and Lamborghini.

The biggest James Bond car exhibition…in the world!

James Bond Car Exhibition 2012 Nothing has defined the James Bond franchise – the film franchise, that is – in quite the same way as its cars. So what better way than to have the biggest James Bond car exhibition – in the world – to celebrate fifty years of James Bond films? That’s exactly what is being planned by the National Motor Museum at Beaulieu and EON Productions (they of the James Bond films), who plan to exhibit more James Bond cars in one place than ever before – and for the whole of 2012.