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Used car market pressure eases

AN INCREASE in the number of used cars coming into the market has “taken the edge off prices” and calmed some corners of the industry, according to used car pricing experts CAP. A greater influx of part-exchange cars arriving at dealers is partly responsible, and with many franchised dealers focusing for the time being on selling those vehicles, competition to acquire stock on the open market has decreased. CAP reports that the pressure has been lifted on some dealers who had become frustrated at how expensive it was becoming to source cars at fair prices.

2008 Fiat’s best year EVER!

Didn’t they do well!? Fiat has just announced that, despite the doom and gloom in the car world in 2008, particularly in the last quarter, they have had their best year ever, with their trading profit up by 4% and turnover by 1.5% to €60 billion. Well done them.

Don't miss CDNLive, reporting on the best from Paris Motor Show 2014

As ever the Car Design News team will be reporting live from the halls of the Paris Motor Show. After the long summer break we're in the French capital for what promises to be a great event. CDNLive from the Paris Motor Show We're looking forward to turning our attention to a promising list of production-car debuts of all shapes and sizes, from the new Smart ForTwo and Opel Corsa to the Volvo XC90 and Renault Espace, via Mazda's new MX-5, the Fiat 500X and Jaguar XE.