Centek Vernay X03279 Luhrs 4" In Out 13.5"h 16.5 Oval on 2040-parts.com

New Volvo V40: Strong residual values predicted

New Volvo V40 – Strong residuals Volvo has had good news from the fleet industry with strong residuals forecast for the new 2012 Volvo V40 ahead of first customer cars. We’ve been very impressed with what we’ve seen of the new Volvo V40; it’s a car that is right on the money in its style, its pricing and its range (although we’d like to see something more exciting at the top end). And now, with production of the V40 under way and the first customer cars expected to arrive in the UK in September, Volvo has had very good news from the fleet industry and the people who set residual values for car finance.

Audi RS6 Avant ‘Plus’ planned with 600bhp

Audi are planning a ‘Plus’ model of the new RS6 Avant which will come with around 600bhp and be a full production model. Just as they have with the launch of the TT RS Plus, Audi are planning to give the new RS6 Avant even more power than it already enjoys in an RS6 Avant Plus model, and it won’t be a limited edition model but a full production option. Talking to Car Magazine, Stephan Reil, Audi Quattri Division boss, said that Audi were planning a range of RS Plus models which could get not just a performance boost but less weight too.

GM posts wider loss, burns through $5.2 billion in cash

General Motors, battered by a global economic collapse and buoyed by U.S. rescue loans, posted its sixth straight quarterly loss and burned through $5.2 billion in cash as revenue shrank by more than a third. The net loss of $9.6 billion in the fourth quarter compares with a loss of $1.5 billion a year earlier.