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SEASONAL PRESSURES SEE MARKET SLOW IN JULY

AUCTION house BCA’s latest Pulse report shows that demand for older, lower value dealer part-exchange cars improved in July, but the fleet and lease sector has experienced more price pressure. The headline average used car value declined in July, as would typically be expected at the onset of the summer holiday months. Values across the board fell to £5,633 down from the £5,662 recorded in June – a £29 decrease that was equivalent to 0.5% fall.

Volkswagen Passat R36 (2006): first official pictures

By Phil McNamara First Official Pictures 17 November 2006 10:13 VW Passat R36: the lowdown Volkswagen has pulled the wraps off its 'R' flagship Passat – and the five-door is the fastest estate VW has ever made. Scooped by CAR Online a few weeks back, the R36 puts out 296bhp, which launches the estate fromk standstill to 62 in 5.8sec. Available as a saloon, too, the R cars go on sale in early 2007, with prices starting at an estimated £28,000.

Ford and Geely agree on Volvo sale, could finalize deal in early 2010

Ford expects to sign a deal to sell its Volvo car unit to China's Zhejiang Geely Holding Group by the first quarter of 2010 and close the deal in the second quarter, the U.S. automaker announced today. Ford said that all of the deal's key commercial terms have been settled.