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Used car sales return to pre-recession levels

As the UK’s buoyant new car sales figures continue to buck the European trend, it was only a matter of time before this had a positive knock-on effect on sales of used cars. Now, according to figures released in the latest BCA Used Car Market Report, used car sales hit 7.1 million last year, outpacing new car sales by 6.4% and, even more crucially, returning to pre-recession levels. Best used car buys for 2013 On Bing: see pictures of used cars In fact, a record £38.1 billion worth of used cars were sold in 2012, £5.8 billion more than was spent on new cars.

UK new car sales hit a 10-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%.

General Motors boss Dan Akerson gets into the Woodward Dream Cruise act

General Motors chairman Dan Akerson personally led a parade down metro Detroit's famed boulevard for car aficionados, Woodward Avenue, on Thursday as part of festivities for Chevrolet's 100th anniversary and in advance of the Woodward Dream Cruise. Taking the wheel of a cherry-red 1960 Corvette, Akerson helmed the procession of Chevy icons, which included 51 Volts. The group was augmented by Camaros, more Vettes and other classics.