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Toyota recalls Toyota Avensis & Lexus IS 250

Toyota recall the Avensis & Lexus IS 250 Toyota must have a sinking feeling of deja vu today, as the spectre of last year came back to haunt. 2010 was the year of the Toyota Recall, with millions of cars worldwide recalled to address the ‘Throttlegate’ issue of sticky accelerator pedals. But today’s recall announcement is not in that league, affects less than 20,000 cars in the UK (although over 1 million worldwide) and there have been no reports of any accidents relating to the recall in the UK.

Ford future products: New vehicles get lighter, faster and move upscale

Ford Motor Co.'s future-product focus is on improved fuel economy by making its vehicles smaller and engines lighter without sacrificing performance, safety or luxury. It also wants to push the Ford brand more upscale to capture customers orphaned by the shutdown of the Mercury brand, and to attract new buyers with more product offerings. Ford has said 90 percent of its North American nameplates will be available with direct-injection turbocharged EcoBoost engines as standard equipment or as an option by 2013.

Are used car prices about to spiral down?

CAP – the used car price specialists – are warning that used car prices, particularly ’almost’ new car prices, are set to tumble as nearly new cars hit the market. The car market in the UK has proved amazingly resilient to the general malaise in the economy, with new car sales continuing to rise strongly and used cars seemingly immune to big depreciation drops. But CAP – who gauge used car prices for the motor trade – are warning that this could be about to change as the impact of recent trading in new cars is about to start impacting on used car prices, particularly prices for cars less than a year old.