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Tesla Model S warranty extended to 8 years for Drivetrain

Tesla Model S warranty extended to 8 years for Drivetrain The Tesla Model S – perhaps the only truly useable electric car – has taken the motoring industry by storm, and now it’s getting better still for owners as Tesla announce an extended warranty on the drivetrain of the Model S to 8 years, matching that of the battery pack. The warranty also applies retrospectively, so all Model S Teslas already in the hands of owners are covered – and the warranty can be transferred to as many new owners as needed – for a full 8 years, which is unlimited for the 85 models and 125k miles for the 60 models. It’s a strong response from Tesla after a number of long-term tests (by Consumer Reports and Edmunds in particular) produced a number on niggling problems, and standing behind their product so solidly – just as Hyundai/Kia did – may not take the niggles away but it will give comfort to prospective buyers (if not shareholders, at least in the short term).

VW plans to sell Polo in U.S.

Volkswagen plans to sell its Polo small car in the U.S. VW development chief Ulrich Hackenberg said the automaker plans to sell the car in the U.S. to take advantage of American buyers' increasing enthusiasm for smaller, fuel-efficient cars.

Used car sales return to pre-recession levels

USED CAR SALES reached 7.1 million units in 2012, on a par with pre-recession levels and a climb of 6.4%, according to a comprehensive market report. The 2013 BCA Report by British Car Auctions valued the used car market a £38.1 billion in 2012, putting it £5.8 billion ahead of the new car market over the same period. In particular sales of younger used cars (0-2 years) increased significantly, rising by 18.6% to 762,000 and reversing a three year trend of falling volumes in this age sector.