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Used cars 'getting cheaper'
Thu, 10 Oct 2013CONSUMERS holding on to their motor for longer are driving down the cost of used cars, according to new research. The average price for a second-hand car in July-September 2011 was £8,870 - a 2.4% decline compared with the same period a year ago, according to the Auto Trader company. It is the first time the price has dipped below £9,000 since the company started tracking the market in January 2010.
BMW Concept Active Tourer (2012) first offical pictures
Fri, 14 Sep 2012This is BMW's answer to a downsized, eco-friendly motoring future: the Concept Active Tourer. It's a city-car sized MPV with a plug-in hybrid powertrain that'll return up to 113mpg, according to BMW's figures. Moreover, this car previews the future of smaller BMWs going front wheel-drive, sharing architecture with Mini and liberating more interior space.
GM board will again delay decision on Opel's future, report says
Tue, 08 Sep 2009General Motors Co.'s board will again postpone a decision on Opel's future at a two-day meeting starting today despite pressure from Germany to accept an offer for the European unit from Magna International Inc, a newspaper reported today. GM's board will delay a decision until October at the earliest, the German business daily Handelsblatt said, citing company sources. The paper said the board favors keeping Opel or, as a second choice, selling a majority stake to Belgian investment group RHJ International, which is offering 300 million euros ($433 million) in cash for a 50.1 percent stake in Opel.











