Suzuki Jimny Caribbean 2007 Ignition Coil Assembly [9067250] on 2040-parts.com

Are used car prices about to spiral down?

CAP – the used car price specialists – are warning that used car prices, particularly ’almost’ new car prices, are set to tumble as nearly new cars hit the market. The car market in the UK has proved amazingly resilient to the general malaise in the economy, with new car sales continuing to rise strongly and used cars seemingly immune to big depreciation drops. But CAP – who gauge used car prices for the motor trade – are warning that this could be about to change as the impact of recent trading in new cars is about to start impacting on used car prices, particularly prices for cars less than a year old.

Honda CR-V Black Edition & White Edition launch

The Honda CR-V Black Edition (pictured) and White Edition launch The new Honda CR-V – a sensible type of SUV for car buyers who don’t need a ‘lifestyle’ SUV – has been with us for more than a year, so a limited edition model is called for to keep up footfall in Honda’s showrooms. That means Honda resorting to the tried and trusted route of monochrome specials with the CR-V Black Edition and CR-V White Edition with cosmetic tweaks for a bit more presence and extra kit for a bit more comfort. Both the Black Edition and White Edition get 19″ Orion alloys, exhaust finisher and privacy glass, a new patterned grill, tailgate spoiler, running boards and skid plates front and back.

Under the hammer, overseas: Russo and Steele explores classic-car auction in China

It's ambitious, it's unprecedented and it's loaded with pitfalls. But if it can be pulled off, it could serve as a template for international growth for American auction houses. Russo and Steele is expanding into China and has announced plans this fall to form a joint venture with a Chinese company as a foothold.