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Are used car prices about to spiral down?

CAP – the used car price specialists – are warning that used car prices, particularly ’almost’ new car prices, are set to tumble as nearly new cars hit the market. The car market in the UK has proved amazingly resilient to the general malaise in the economy, with new car sales continuing to rise strongly and used cars seemingly immune to big depreciation drops. But CAP – who gauge used car prices for the motor trade – are warning that this could be about to change as the impact of recent trading in new cars is about to start impacting on used car prices, particularly prices for cars less than a year old.

Ford's Jim Farley apologizes to GM for comments in upcoming book

Jim Farley -- head of global marketing, sales and service at Ford Motor Co. -- is trying to smooth things over with the folks at General Motors. In a pre-publication excerpt from the book Once Upon a Car by New York Times reporter Bill Vlasic, Farley did some trash-talking about his crosstown rivals.

Buick to launch IntelliLink on 2012 models

Buick is launching a connectivity feature on its 2012 models as the brand looks to attract younger and tech-savvy customers--and to shed its sometime stodgy image. Called IntelliLink, the connectivity technology arrives as standard equipment on the 2012 Verano sedan, before being added to the Regal and the LaCrosse. The Enclave SUV gets it in 2013.