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Are used car prices about to spiral down?

CAP – the used car price specialists – are warning that used car prices, particularly ’almost’ new car prices, are set to tumble as nearly new cars hit the market. The car market in the UK has proved amazingly resilient to the general malaise in the economy, with new car sales continuing to rise strongly and used cars seemingly immune to big depreciation drops. But CAP – who gauge used car prices for the motor trade – are warning that this could be about to change as the impact of recent trading in new cars is about to start impacting on used car prices, particularly prices for cars less than a year old.

CAR interviews new Ford CEO Mark Fields (2014)

Mark Fields, Ford's new chief executive officer and president of Ford from 1 July 2014 By Phil McNamara Motor Industry 01 July 2014 12:32 Mark Fields took over as CEO of Ford on 1 July 2014, replacing Alan Mulally. CAR magazine caught up with Fields shortly before he took over as the new Ford boss to find out what drives him – and spoke about his time running the now-defunct Premier Automotive Group, including stints overseeing Aston Martin, Jaguar, Land Rover and Mazda. It’s illuminating reading: Fields tells us how Ford considered basing Land Rovers on Ford SUVs and reveals how Ford found buyers for the Premier Automotive Group.

Citroen DS3 Airflow Cabriolet heading for Paris

The Citroen DS3 Cabriolet - expected to be the Citroen DS3 AirFlow – will debut at the Paris Motor Show next month. The Citroen DS3 is still – three years on from its launch at the Frankfurt Motor Show in 2009 – one of our favourite cars. It looks good, goes well and has a Gallic charm that’s almost unrivalled.