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UK new car sales hit a ten-year high

UK new car sales continue to scale new heights, with more new cars sold in March 2014 than in any month in the past decade. Sales figures released by the Society of Motor Manufacturers and Traders (SMMT) reveal that 464,824 new cars were registered last month – a 17.7% rise over March 2014. It continues the trend of rocketing sales, with year-to-date registrations up 13.7%.

VW and Chinese ‘in talks to buy Vauxhall/Opel’ from GM

GM is considering selling its loss-making European operations, it emerged tonight. If it goes ahead and severs ties with GM Europe, the General would cede control of Vauxhall and Opel, the second biggest car brand in the UK.And in another extraordinary twist, CAR has confirmed that top-level talks have been taking place between Volkswagen and the German government, which is keen to avoid Opel falling into foreign hands. Chinese car makers are circling but Chancellor Angela Merkel, who has close connections to Volkswagen chief Martin Winterkorn, would prefer VW to step up to the plate as a potential buyer than a Chinese brand.

Tesla to supply Smart City Car Electrics

Tesla didn’t make much of a splash at the Detroit Motor Show – at first. But it announced, as we reported, the launch of its Tesla Roadster S, and that it is to produce a saloon car as well. But it goes much further than that.