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USED CAR PRICES FIRMER THAN IN SUMMER

USED CAR prices were firmer across most sectors between September and November than the previous 3 months, according to the used car pricing experts, CAP. The CAP Used Car Price Index also reveals an increase in values for 4x4s over the period while convertibles are hitting the doldrums. A reduction in the number of used cars available overall, at the benchmark 3 year old point, is helping to keep prices relatively stable in most cases.

Mitsubishi Lancer Evolution not dead, yet

Perhaps as a reward to the public for buying its Mirage,* Mitsubishi has disclosed that it will not, in fact, kill off the gravel road-loving Lancer Evolution as soon as we thought. According to Mitsubishi, the Lancer Evolution will -- at the very least -- live out the 2015 model year, with North American-spec cars going into production this July. We're fairly sure it's not going to be a hybrid, either.

Honda New Small Concept

Honda Siel Cars India Ltd. (HSCI), the Japanese automaker's Indian subsidiary, unveiled the New Small Concept at Auto Expo 2010 in New Delhi yesterday. Previewing a new compact vehicle set to make its market debut in 2011 (in India and also in Thailand), the New Small Concept features a number of characteristic Honda design elements seen on the brand's recent production models and concept cars.