Believe Vinyl Decal Sticker Chevy Ford Dodge on 2040-parts.com

News watch Jan 2012: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Tuesday 31 January 2012• Two Japanese car parts suppliers have been fined a staggering $548m for price fixing offences following an FBI investigation. Yazaki Corp.

USED CAR BUYER CONFIDENCE “UNLIKELY TO IMPROVE” IN 2011 SAYS RAC

USED CAR buyer confidence is unlikely to improve significantly in 2011, meaning that demand for safety net products such as extended warranties will remain strong, says RAC Warranty. The company points out that at the end of 2010, used car warranties are still being enhanced – by both length of time and depth of cover – at around the same rates as during the worst parts of the recession, indicating that the mood of consumers remains cautious. Ian Simpson, sales and marketing director, said: “Next year, the measures that the coalition Government has undertaken to reduce public spending will really start to bite and that will have a definite impact on general confidence.

Bentley Races Ahead With High Performance Continental GT3-R

LUXURY car maker Bentley has pulled the wraps off its new racecar-inspired Continental GT3-R. Taking inspiration from the firm’s new GT3-spec competition machine, the GT3-R is said to blend high performance with Bentley’s trademark luxury approach to motoring. The GT3-R will be a rare beast, too.