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Used car values look strong for 2014

THE VALUE OF USED cars is set to stay strong in 2014 following a rise in values this year, according to the latest analysis of the market. The latest report by British Car Auctions shows that compared to last year, new-to-market car values are around 15% higher than this time last year while older part-exchange cars are as much as 20% higher than a year ago. Simon Henstock, BCA’s UK Operations Director commented “We have seen an upturn in the supply of dealer part-exchanges in 2013, reflecting reports that retail sales have been strong.

Gurney cars lead record list of entries at Rolex Monterey Motorsports Reunion

The acceptance letters went out this week for the Rolex Monterey Motorsports Reunion, the vintage racing weekend formerly known as the Monterey Historics, and it looks as if you'll get your money's worth out of this year's event. While previous years usually featured about 400 or so cars, the 2010 running of the renamed Rolex Monterey Motorsports Reunion, managed now by SCRAMP, will feature 520 vintage entries. Leading the pack is what promises to be a once-in-a-lifetime collection of 35 cars either designed, built or raced by the great Dan Gurney, this year's honoree.

Will Volvo need a JV in China with itself?

Western car makers wanting to operate in China need a joint venture with a Chinese partner. And it looks like Volvo is going to have to partner with itself to keep officials happy. The Chinese authorities are keen to make sure that Western car makers can’t just rock up on their doorstep, open up a factory or three and flog cars in the most populous nation on earth.