Used Car Industry News and Resources

European car manufacturer Dacia has launched the Sandero, and is marketing it as the 'cheapest car available on finance' in the UK. The Dacia Sandero is a budget model supermini, available at prices starting at £69 per month on finance. The Dacia is available for order through many dealership networks nationwide, with a deposit of £100, which is refundable. They can also be orde...

Another portion of the automotive industry affected by the economic downturn is the marketplace for second hand luxury cars, recently released figures show. According to figures published by used car search engine Adzuna.co.uk, the average price of second hand luxury cars, from manufacturers including Bentley, Rolls Royce, ...

According to data released by the Society of Motor Manufacturers and Traders (SMMT) this week, car production in the UK grew during October. In total, the UK automotive manufacturing industry produced 137,028 vehicles in October 2012. This equates to a 6.5% growth upturn over the same month in 2011. When we include these figures, the current total for car production over this year so far ha...

Giant Japanese carmaker Toyota have issued a worldwide recall of up to 2.7 million vehicles due to issues with water pumping systems and steering wheels. The recall of cars comes scant weeks since Toyota issued a similar worldwide recall of over 7 million vehicles because of defective window switches. Models affected in that recall included some Camry and Corolla models, whilst the current...

The bid to curb a rise of 3 pence per litre in fuel duty due in January 2013 was defeated in the Commons on Monday. The bid, brought about by Labour, was to attempt to delay the increase in duty until April at the least. Labour contended that the rise of 3 pence per litre would be a strain on households with money troubles, and that the delay in the price rise would act as a buffer for cash...

Compared to the previous month, sales for vehicles from the BMW Group increased from 139,284 to 157,618 in October; a rise in sales of 13.2%. For sales of BMW, Rolls-Royce and Mini vehicles, for the month of October this is a new record best figure, and a...

A wide range of filling stations at supermarkets are now furnishing customers with cheaper fuel, following Asda's price cut yesterday. Asda announced it's price cut on the 7th November, lowering the price of it's petrol and diesel by 2 pence per litre. They were swiftly matched by competitors Tesco and Sainsbury's. The petrol trading director at Asda, Andy Peak, commented: "Today's move sho...

Japanese car manufacturer Toyota not only sees it's quarterly profit triple, but also raises it's annual profit forecast, as it's recovery from 2011's natural disasters continues. The car giant's quarterly net profit between July and September this year was 257.9 billion yen (£1.99 billion). This is a huge upswing over 2011's profits, which were 80.4 billion yen (£623 million),...

US-based carmaker giant Chrysler Group LLC announced last week that it's car sales in October were the best they had seen in the last five years. One of the first automotive companies to report on last month's sales, Chrysler announced that its sales during October were up by 10 per cent from last year, with 126,185 vehicles being sold during the month, up from 114,512 during the same perio...

A recent analysis of the current automotive market brings details that 60% of car buyers manage to pay under the asking price for a vehicle by haggling. The poll, conducted by Auto Trader during July and September 2012, shows that seasoned hagglers manage to get their vehicles at an average of £939 less than the amount advertised. Data also shows that men are better at haggling than w...