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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.

Volkswagen mulls another SUV

Volkswagen is considering adding another crossover to its product portfolio as it takes aim at ambitious sales targets in the United States and overseas markets. “It's a part of our vision for the future,” Volkswagen Group of America CEO Jonathan Browning said. The vehicle would have SUV-style cues, and Browning said it's being discussed by company brass.

Audi CrossLane Coupé Concept: Paris 2012

Audi has revealed the CrossLane Coupe Concept at the 2012 Paris Motor Show – a preview of a new Audi Q2 compact SUV. The Audi CrossLane Coupe Concept – revealed at the Paris Motor Show – is the prelude to a new Audi Q2 compact SUV. It’s 4250mm long, 1900mm wide and 1500mm high, which makes the Crosslane Coupe a bit bigger than the new A3 and a bit lower than the Q3.