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Lack of history loses 20% of a car’s value

A CAR being sold without a full service history is worth one-fifth less on average than a car with a fully stamped service book. This amounts to an average of £1464 for the typical used car sold in the UK with a price of £7706. A study by Kwik Fit found buyers expect a 19% discount for cars with incomplete or no service history, which is costing the used car industry £10 billion per year in lost revenue.

CDN-Opel/Vauxhall Interactive Design competition winner announced

Vladislav Domanin is the overall winner of the CDN-Opel/Vauxhall Interactive Design competition. The announcement was made by Friedhelm Engler, Director GME Advanced Design, during the second day press day of the Paris motor show on the Opel/Vauxhall stand. Mateusz Wowk from the Academy of Art of Design in Wroclaw was this year's runner-up in the exterior category, while Matic Vihtelic of the Academy of Fine Arts and Design, Ljubljana, was declared runner-up in the interior category.

European new car sales in record LOW

European new car registrations have plunged to their LOWEST level on record after slow August sales reversed an upturn in July. Registrations of 7,841,596 new cars between January-August 2013 marked a new low for the European new car market of 27 countries – so few cars have never previously been recorded since records began in 1990. 2013 UK new car sales forecast revised upwards European new car sales continue to struggle The UK new car market is the sole exception: so far this year, new car registrations have risen 10.4%, compared to the European decline of 5.2% in the same time period.