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Kia future products: New engines power redesigned models
Wed, 24 Aug 2011Cars will be the focus of Kia's attention in the next year as the fast-growing Korean automaker brings fresh styling and new engine technology to its lineup. The redesigned Rio subcompact that debuted at the New York auto show in April goes on sale in the fourth quarter. The Cadenza, a large upscale sedan that will be Kia's flagship, will be launched next spring.
Hemi Coronet, Triumph 2000 and Bentley top sales at Novi auction
Thu, 02 May 2013A 1965 Dodge Coronet 500 Hemi convertible was the top seller at the second annual Novi Metro Detroit Spring Classic Car Auction on April 27. It crossed the block, which was commandeered by Hagerty. A 1940 Ford V8 Deluxe convertible was second, selling for $37,800.
Used car sales return to pre-recession levels
Wed, 18 Sep 2013USED CAR SALES reached 7.1 million units in 2012, on a par with pre-recession levels and a climb of 6.4%, according to a comprehensive market report. The 2013 BCA Report by British Car Auctions valued the used car market a £38.1 billion in 2012, putting it £5.8 billion ahead of the new car market over the same period. In particular sales of younger used cars (0-2 years) increased significantly, rising by 18.6% to 762,000 and reversing a three year trend of falling volumes in this age sector.