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Kia Motors appoints Peter Schreyer as President

Kia Motors has appointed the man who changed their design – former VW man Perter Schreyer – as President. When Peter Schreyer left VW in 2006 after a sparkling career that saw him establish the Audi design philosophy – still a hallmark of Audi design – to head up design at stodgy Kia, many in the industry thought it an odd move. But Peter Schreyer seemed keen to prove his worth after VW had passed him over to head up their new design studio, and Kia offered the prospect of turning a budget brand in to a mainstream force with cutting edge designs and, it would seem, a pretty free hand to do what it would take.

Infiniti Q50 Eau Rouge performance concept storms 2014 Detroit Show

The Infiniti Q50 has been designed to take on the BMW 3 Series – but Infiniti is trying to attract a more youthful set of customers and efficient diesel and hybrid saloons aren’t exactly going to gain any favour with the young crowd. Enter the 2014 Infiniti Q50 Eau Rouge concept debuting at this year’s North American International Auto Show (NAIAS) in Detroit. This thing has been designed to take on the mighty BMW M3 and could well have the weaponry to succeed.

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.