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F1 star Vettel to help develop 560hp Infiniti
Tue, 08 Apr 2014NISSAN’S premium car division, Infiniti, is pressing ahead with the development of a high performance version of its Q50 executive saloon. What’s significant about the news is that Formula 1 racer, and Infiniti’s Director of Performance, Sebastian Vettel has added his input to the programme. The four-time Formula 1 world champion recently tested the 560hp high performance sports saloon at the Millbrook Proving Ground testing facility.
Are used car prices about to spiral down?
Thu, 04 Apr 2013CAP – 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.
New car sales accelerate again
Wed, 07 May 2014NEW CAR SALES could be back to pre-recession levels by the end of this year after a good start to 2014. Latest figures from the Society of Motor Manufacturers and Traders (SMMT) show there were 176,820 new vehicles registered in April - an 8.2% rise on the same month last year. Last month's figure took the total for the year so far to 864,942 - a 12.5% increase on the first four months of 2013.