Valterra T1005-1 Slip Socket T1005-1 on 2040-parts.com

Yearly driving costs rise 3.4 percent

This won't be a surprise to anyone--it's costing more to own and drive a car. Higher prices for fuel and tires, and a larger drop in the resale value of cars, pushed the average cost of owning a sedan to $8,776 a year, according to AAA of Heathrow, Fla. That's up 3.4 percent from a year ago.

2011 Ford Mondeo debuts +video

T%he Ford Mondeo 2011 - launched at Moscow Ford has revealed the 2011 Ford Mondeo this morning at the Moscow Motor Show, and although we’ve already told you much of what’s on offer it seems worthwhile recapping, plus we have some new photos and video of the 2011 Mondeo. As we said back in June when we had the first details of the 2011 Mondeo, Ford has given it a few cosmetic tweaks to freshen it up and had a serious play with the oily bits. On the cosmetic front the new Mondeo gets ‘Kinetic-icized’ to keep its DNA in line with the rest of the Ford range.

UK 2012 car sales analysis: winners and losers

New UK car registrations in 2012 rose to a four-year high, figures released today confirm. Sales jumped 5.3% in the Olympic year compared with 2011 – to 2,044,609 new cars, the largest percentage increase since 2001. Retail sales drove the demand in 2012, growing 12.9% on the previous year.