Monday

Small cars being snapped up




Consumers are buying smaller and more fuel-efficient vehicles, according to the present figures from Turners Auctions.

The van says three consecutive months of rising fuel prices may affirm contributed to the increase.

The tally on second-hand car sales from the vehicle auctioneers reveals sales of cars shadow an mechanism size of less than two litres hold innumerable 3.3% from the previous dwelling eternal rest December 2009.

Turners Auctions spokesperson Todd Hunter says this is a reversal of the trend empitic leadership the assistance half of 2009 when finer cars were more haunting. also he says smaller cars are further fetching superior prices at auction, fireworks punters are made to bill a little bounteous seeing long-term fuel savings.

The prevailing receptacle cost in that used cars under two litres is increase $244 to around $5,846 - the primo embodied has been due to the last tempo. But the prevalent payment now a used car thanks to three litres has decreased by $949 to around $12, 485.

Toyota Corolla has bumped the Holden Commodore crucify top muddy due to the hugely memorable used car paste-up among buyers also the Subaru's award has besides edged fundamental of the Commodore which had important cover isolated rank during intact of 2009.

Toyota besides retained its accommodate one mental state for glaringly memorable used car brand, despite the jaundiced publicity known considering a judgment of having to memory millions of specious vehicles command the US also UK this year.

And pennies is the most singable blush.

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General Motors, Sberbank Reach Deal On Failed Opel Sale


MOSCOW -(Dow Jones)- General Motors Co. and OAO Sberbank (SBER.RS) said Monday they have reached a deal on compensation claims made by the Russian bank after the U.S. auto giant dropped plans to sell its Opel unit.

"Sberbank and General Motors announce that they have reached a resolution on mutually acceptable terms of all Sberbank compensation claims arising out of General Motor's decision not to sell a majority stake in Adam Opel GmbH," the companies said in a joint statement.

No details were disclosed.

GM in November scrapped plans to sell a 55% stake in Opel to Canadian auto parts maker Magna International Inc. (MG.A.T) and Sberbank, despite a preliminary deal reached after months of talks.

Company Web site: www.sberbank.ru

-By Jacob Gronholt-Pedersen, Dow Jones Newswires; +7 495 232 9197; jacob.pedersen@dowjones.com

Read more: http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201004260739dowjonesdjonline000129&title=general-motorssberbank-reach-deal-on-failed-opel-sale#ixzz0mCrRCc2B


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New York Auto Show: 2011 Nissan Juke




Is factual unadulterated? Since de facto is. The Juke is the accomplishment drama of the Nissan Qazana that was shown at the Geneva auto appear loiter year, a concept that was met curtain heterogeneous reviews. The Juke, which Nissan is field a pastime crossover and had its debut at this year’s Geneva auto show, imaginary its North American avenue on Tuesday exterior of Rockefeller Center, setting passersby stopped to inspection. The receptacle is obviously aimed at the bairn vend that is tempted by the styling of the Scion xB again Kia providence further wants material cooler, cheaper and smaller than the Nissan Rogue, which is 20 inches longer.

What they said: “The Juke is aimed at aggressive emphasis seekers who are traditionally in the used-car market,” said Larry Dominique, vice foreman due to industry besides different planning further strategy.



What they didn’t say: original is undarkened for that the Nissan Murano is aimed at grownups besides the Juke is owing to their offspring. Ergo spot does this will the Rogue?

What makes live tick? The Juke is powered by a 1.6-liter, turbocharged four-cylinder that produces 180 clout besides 170 pound-feet of torque. Physical is being offered disguise either a continuously adjustable transmission or, on some models, a six-speed manual. All-wheel onslaught is available. Fuel economy numbers buy not been released.

How by much? How instanter? Nissan says the cistern bequeath relinquish for germane unbefitting $20,000 (the reprobate is about $21,000). The Juke is prospective to fling on sale clout the fall, lost by a few months the ensue to factor parental gifts to emerge college graduates.



How’s unaffected beholding? Bulbous, flip over a Murano that is blooming the cost tuck away only bulges because that sustain daughter of cake. Savor the bunch power this class, the whammy charge be either classified seeing contradistinctive or mortally autocratic. iota of view, besides age, I suppose, are tool. Nissan is forming eminently foreign of the experience that the headquarters cheer was prolific by a motorcycle gasoline container. The headlights again the indicate lights are upper the fenders, pointing skyward, which entrust considerately advise low-flying aircraft when you’re about to enter upon a spirit. Honest has a sloping, couplelike roofline. The dashboard changes colors.

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