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USED CAR BUYER CONFIDENCE “UNLIKELY TO IMPROVE” IN 2011 SAYS RAC

USED CAR buyer confidence is unlikely to improve significantly in 2011, meaning that demand for safety net products such as extended warranties will remain strong, says RAC Warranty. The company points out that at the end of 2010, used car warranties are still being enhanced – by both length of time and depth of cover – at around the same rates as during the worst parts of the recession, indicating that the mood of consumers remains cautious. Ian Simpson, sales and marketing director, said: “Next year, the measures that the coalition Government has undertaken to reduce public spending will really start to bite and that will have a definite impact on general confidence.

Rumormill: Aston Martin Cygnet could get V12

A few years ago, if you would have asked us about 500-hp city cars, we would have said, “Awesome, but never going to happen.” We were proven wrong with last year's Nissan Juke-R and we may be proven wrong again with a V12-powered Aston Martin Cygnet. That's right, Autocar reports that Aston is studying the feasibility of taking the Toyota iQ-based Cygnet and shoehorning the V12 from its Vantage and DB9 models. Aston says it could fit the V12 in the tiny car's engine bay without major modifications.

Ford opens proving grounds to the public

For the first time ever, Ford is opening its Dearborn, Mich., proving grounds to the public on Oct. 15. Ticketholders to the Get Your Heart Racing event can take hot-lap ride-alongs around the test track with professional drivers Tanner Foust and Parnelli Jones.