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USED CAR BUYER CONFIDENCE “UNLIKELY TO IMPROVE” IN 2011 SAYS RAC

USED CAR buyer confidence is unlikely to improve significantly in 2011, meaning that demand for safety net products such as extended warranties will remain strong, says RAC Warranty. The company points out that at the end of 2010, used car warranties are still being enhanced – by both length of time and depth of cover – at around the same rates as during the worst parts of the recession, indicating that the mood of consumers remains cautious. Ian Simpson, sales and marketing director, said: “Next year, the measures that the coalition Government has undertaken to reduce public spending will really start to bite and that will have a definite impact on general confidence.

Kia readies 2015 K900 for luxury-sedan segment

Kia is getting closer to its entry into the full-size luxury category with the 2015 K900, which will go on sale in the first quarter of 2014. The K900 will arrive with two engine configurations. The most powerful is a 5.0-liter Tau V8 making 420 hp.

McLaren MP4-12C GT3 racer (2011): first pictures

McLaren has announced it will be building a GT racing car, based on the McLaren MP4-12C, with Leicestershire-based racing team CRS Racing. The two companies will supply and support a limited number of GT3 racing cars based for European-based privateers in 2012. A development programme will come first in 2011, with a limited number of European GT races.