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Milestone in life matched by car change

MOST DRIVERS in the UK mark key milestone moments in their life with a change of car. Four out of five British drivers say they will change their car to give their first-born child a more comfortable drive home, while others say they would swap cars if they won the Lottery. A survey by the AA found that 26% of drivers will change to a new car if they start a new job, while 21% decide on a different car because of retirement.

Yearly driving costs rise 3.4 percent

This won't be a surprise to anyone--it's costing more to own and drive a car. Higher prices for fuel and tires, and a larger drop in the resale value of cars, pushed the average cost of owning a sedan to $8,776 a year, according to AAA of Heathrow, Fla. That's up 3.4 percent from a year ago.

Automakers rack up solid gains to finish 2010

Fueled by holiday and year-end discounts, as well as the introduction of new models, automakers finished 2010 on a high note by posting the year's best monthly sales in December. U.S. light vehicle demand climbed 11 percent last month to 1.1 million units--the best month of the year on a unit basis.