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56% of drivers 'underestimated car expense'

MORE THAN half of people who have bought a second-hand car in the last two years have found it more expensive to run than they expected, according to a Government-backed body. Some 56% of motorists said that total cost, including maintenance, repairs, insurance and fuel had turned out to be higher than anticipated and one in five drivers (20%) have resorted to going into debt just to keep their vehicle on the road, the Money Advice Service (MAS) found. One in four (26%) of the 3,000 people surveyed who have bought a second-hand car since 2012 now has regrets about their purchase, with many of them saying they had not worked out whether it was really affordable or that the purchase price was too much in the first place.

Cadillac reveals second-generation SRX crossover

Cadillac unveiled the next-generation SRX crossover, a vehicle the company says is redesigned from the ground up and offers new, more-efficient engine choices. The 2010 SRX mid-size will be shown at the North American International Auto Show in Detroit next week. Cadillac says the SRX is aimed directly at Lexus' new RX crossover.

Winners of Kia 'My Style, My Design' Chinese design contest announced

The winners of Kia's ‘My Style, My Design' design competition have been announced at a ceremony at Beijing's Yue Art Museum. This second annual event saw the number of universities involved rise from 40 to 86 with over 500 projects submitted which the organizing committee whittled down to just 30 finalists. Shangdong Transportation College student Du Wenchang's 'Honglin' project was presented with the award for first place by Seon-Ho Youn, vice president of Kia Design Center.