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Used cars 'getting cheaper'

CONSUMERS holding on to their motor for longer are driving down the cost of used cars, according to new research. The average price for a second-hand car in July-September 2011 was £8,870 - a 2.4% decline compared with the same period a year ago, according to the Auto Trader company. It is the first time the price has dipped below £9,000 since the company started tracking the market in January 2010.

Over 350,000 drivers 'at risk of £1,000 fine'

THOUSANDS of drivers risk collecting a £1,000 fine or worse by being unaware of the date their MOT expires. Research by MOTA, an independent booking provider of servicing and MOTs suggests that 43% of customers making enquiries already had an expired MOT, and 15% had no idea when their MOT was due. A car without a valid MOT being driven on the road is potentially subject to a £1,000 by the police, and also means that insurers may not pay out in the event of an accident.

Jaguar and Williams F1 to partner on C-X75 hybrid supercar technology

Jaguar is teaming up with Williams F1 to put a limited run of $1.1 million C-X75 hybrid-powered supercars into production in late 2013 with a crucial partnership that links two storied British companies to develop cutting-edge technology. Jag and Williams have been working on a production plan for the C-X75 since January and will share development over the next few years. “Williams has expertise in composite structures, advanced powertrains, aerodynamics, low-volume production and speedy production development,” said Bob Joyce, Jaguar Land Rover's chief engineer.