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NO SIGN OF SLUMP IN VALUES ACCORDING TO LATEST REPORT

DEMAND continued to keep values relatively firm in the used commercial vehicle market in February, according to leading vehicle auction specialist, British Car Auctions (BCA). Despite volumes rising sharply average values fell by £76 (1.8%) in February while sold volumes increased by nearly 13% over the same period, following a near 50% increase between December and January. Average monthly values have broadly remained between £4,000 and £4,200 since summer 2010.

Royal College of Art Degree Show 2008

The Vehicle Design Masters program at the RCA held its annual degree show a few weeks ago, showcasing an array of transport designs created by the graduating class of 2008. In all, 18 students - including three PhD graduates - developed projects which dealt with the current issues of accessibility, aerodynamics, environmental impact, ergonomics, legislation, materials, production, safety, and technology, as well as the aesthetic principles of vehicle design. Peter Stevens - the first MA graduate - David Wilkie of Stile Bertone, Alfonso Albaisa of Nissan and Peter Shreyer of Kia were just some of the RCA alumni in attendance.

Saab: China’s Youngman submits new $2 billion offer

Youngman is committed to acquiring Saab The founder of China’s Youngman - Pang Qingnian – has revealed Youngman submitted a $2 billion offer to buy Saab from the administrators on 14th February. We’ve all seemingly written-off Saab as dead and buried; a once proud marque consigned to the scrap heap of history after the debacle of GM ownership and Victor Muller’s ill-fated battle to make Saab an in dependent marque. But there’s one man who hasn’t given up hope of securing a future for Saab, and that man is the Chinese billionaire founder of Youngman, the company which has already spent significant sums trying to acquire Saab, but has so far been thwarted by GM’s golden bullet.