Arai Rx7 Corsair. Edwards. Size Xl. on 2040-parts.com

Why aren’t Porsche 911 GT3 owners in the UK being compensated?

UK owners of the 911 GT3 aren’t getting compensation It does seem reasonable that if you buy a car you subsequently can’t use because of a design flaw, that the car maker pays you compensation for loss of use. So when Porsche ordered owners of the 911 GT3 to stop using their cars after a fire risk was revealed thanks to a faulty connector, it seemed certain owners would be in for some payback from Porsche. But despite offering US owners of the GT3 $2,000 a month for loss of use, up to $4,000 a month for those in the Middle East and €175 a day for German owners, UK owners of the GT3 aren’t getting a penny.

Beattie joins Fisker as prices climb

Fisker Automotive, maker of the luxury hybrid Fisker Karma, has appointed luxury-brands executive Richard Beattie to the newly created position of chief commercial officer. Beattie will be responsible for sales, marketing and customer service for the brand. Beattie comes from a strong run as executive vice president of sales and marketing for Jaguar North America and, before that, for Jaguar Land Rover North America, positions which followed a career at Ford, where he was most recently president and CEO of Mazda’s North American operations.

SEASONAL PRESSURES SEE MARKET SLOW IN JULY

AUCTION house BCA’s latest Pulse report shows that demand for older, lower value dealer part-exchange cars improved in July, but the fleet and lease sector has experienced more price pressure. The headline average used car value declined in July, as would typically be expected at the onset of the summer holiday months. Values across the board fell to £5,633 down from the £5,662 recorded in June – a £29 decrease that was equivalent to 0.5% fall.