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Used cars 'getting cheaper'

CONSUMERS holding on to their motor for longer are driving down the cost of used cars, according to new research. The average price for a second-hand car in July-September 2011 was £8,870 - a 2.4% decline compared with the same period a year ago, according to the Auto Trader company. It is the first time the price has dipped below £9,000 since the company started tracking the market in January 2010.

Renault Initiale Paris stars at the 2013 Frankfurt Motor Show

It may seem like a strange idea for Renault to launch its Initiale Paris premium sub-brand at a German motor show, but it could turn out to be quite an astute move. The French brand is hoping to take on the Germans with Initiale Paris, so showcasing this rather wonderful concept in Frankfurt is a clear signal of intent. Renault says this Initiale Paris concept previews the next generation Espace, but we can't help but see a massive dollop of Renault Avantime when we take a wander around the car.

Mazda to recall more than 500,000 vehicles

Mazda plans to recall about 514,000 vehicles to repair power-steering systems that fail suddenly. The recall will affect the Mazda 3 and the Mazda 5 manufactured in Japan from 2007 to 2008, according to a report in Reuters. Currently, Mazda has filed recalls for 215,000 vehicles in the United States and more than 10,000 in China.