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News watch July 2010: today's auto industry news
Sun, 25 Jul 2010Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Friday 30 July 2010• Renault has reported a net income of €823 million – with an operating margin of 4% and sales up 22% globally. Its worldwide market share now stands a whisker up at 3.8% (Renault)• La Regie said its business was performing much better than during the same period last year, when the recession bit into its profits.
Volvo V40 range gets new Drive-E engines
Thu, 27 Mar 2014From May this year Volvo will update its V40 model, equipping the premium Swedish hatchback with its range of high-efficiency Drive-E engines and Volvo’s latest eight-speed automatic gearbox. This means the revised V40 line-up now offers an impressive performance to efficiency ratio, with 190hp on offer in the D4 turbodiesel variant, returning a claimed 74.3mpg combined with 99g/km CO2 when mated to the six-speed manual. On Bing: see pictures of the Volvo V40 Find out how much a used Volvo V40 costs on Auto Trader This makes it even more efficient than the current, less powerful 177hp, 185g/km D4 turbodiesel.
KIA WINS AUTO EXPRESS USED CAR SCHEME OF THE YEAR
Thu, 10 Oct 2013KIA’S Approved Used Car Scheme has been recognised as the best in the industry having been crowned Used Car Scheme of the Year in the Auto Express Used Car Awards 2011. The magazine praised Kia for going above and beyond normal approved used programmes with a number of customer benefits including its industry-leading seven year warranty that is fully transferable to subsequent owners. Approved Used Kias don’t just get the balance of their manufacturer warranty. Instead, the warranty is topped back up to the full seven years meaning that an Approved Used Kia gets the same warranty as a brand new Kia. Commenting on the award, John Hargreaves, Head of Vehicle Remarketing, Kia Motors said: “When we launched our Approved Used Car Scheme we set out to ensure it really did represent the best possible deal for customers so we’re obviously very proud that this been recognised by Auto Express with this award.