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Renault and Caterham to develop affordable sports cars

Renault and Caterham are to join forces to create new, more affordable sports cars under the Alpine badge. The two groups will establish a jointly owned new group – Société des Automobiles Alpine Caterham – under the leadership of Bernard Ollivier and will develop models to be sold as both Renault Alpine and Caterham. Tony Fernandes, Caterham Group Chairman, said: "We know the markets we are going into and, particularly in my playground in Asia, there is a huge opportunity to replicate the AirAsia model and give consumers access to exciting, affordable products that marry our interests in F1 and technology and help make their dreams come true." At this year's Monaco Grand Prix Renault unveiled the Alpine A110-50 concept, which was seen as a relaunch of the brand despite it being essentially a reworked version of the Renault-branded DeZir concept from the 2010 Paris Motor Show.

2015 Volvo XC90 First Edition price & spec – costs £68,000

The new XC90 First Edition – a range-topping, £88k XC90 The more we’ve looked this week at the new Volvo XC90, the more we’re beginning to see it as a seminal model for Volvo in the same way the original XC90 was in 2002. And, if all it promises comes close to reality when the first new XC90 s start to arrive in 2015, the new XC90 really could make serious inroads in to the market for premium SUVs currently dominated by Mercedes, BMW, Audi and Land Rover. The new XC90 ‘s clever packaging, good looks, technology and toys certainly seem to offer a beguiling package for a premium family SUV, although the price is likely to be a touch stronger than the current model.

Used car sales return to pre-recession levels

As the UK’s buoyant new car sales figures continue to buck the European trend, it was only a matter of time before this had a positive knock-on effect on sales of used cars. Now, according to figures released in the latest BCA Used Car Market Report, used car sales hit 7.1 million last year, outpacing new car sales by 6.4% and, even more crucially, returning to pre-recession levels. Best used car buys for 2013 On Bing: see pictures of used cars In fact, a record £38.1 billion worth of used cars were sold in 2012, £5.8 billion more than was spent on new cars.