Used Car

Man arrested at Bonds Used Cars in Norwich charged with two offences

Freya Frezgi, 24, of Rectory Field Crescent, in London, was arrested at Bonds Used Cars in Ber Street on November 26. He appeared at Norwich Magistrates’ Court via video link this morning, charged with possession, with intent to supply, of a Class A drug, and with obstructing arrest. He was remanded in custody, and is due to appear at Norwich ... Read More »

4 used-car segments with ‘interesting’ price strength

LAWRENCEVILLE, Ga. – Midsize pickup trucks may have had the best used-vehicle price strength last month, but the more intriguing development may be among some slightly larger segments. According to a Black Book analysis, midsize pickup prices on Dec. 1 were down just 1.1 percent from where they were on Nov. 1. This movement represented the lowest month-over-month depreciation of any segment. ... Read More »

Demand for used vehicles rises post floods in Chennai

CHENNAI: K Mahalingam, an IIM-Calcutta graduate managing the family business of selling used cars, TS Mahalingam & Sons, is experiencing a moment of truth about the demand a calamity creates for his kind of service. The ravaging floods that swept Chennai early December left in its wake a pile of submerged cars, now rotting in the garages for long repair ... Read More »

Delhi used car dealers see diesel car shortage as demand surges

At a Delhi-based franchise of Mahindra FirstChoice—the multi-brand used car business of Mahindra and Mahindra Ltd—Saurabh Batra is worried. The franchise owner, who would have been otherwise elated at the flood of inquiries and demand for second-hand diesel vehicles, frets that he won’t be able to replenish his stock. With the Supreme Court barring registration of private diesel vehicles with ... Read More »

Murphy’s Autobody and Frame “New” Used Car Giveaway

CROSSETT, Ark.–South Arkansas residents filled out applications and submitted essays for Murphy’s Autobody and Frame’s National Benevolence Program, “new” used car giveaway. “In the essay they tell us how winning a car would better their lives, and give them a boost on making their lives better. The applicants have to be a single parent, male or female, have a valid ... Read More »

Lawrenceville turns down request for used car sales, auto repair

The Lawrenceville City Council voted Dec. 7 to deny a special use request from John B. Williams for a used car sales lot and automotive repair shop at Hosea Road and U.S. Highway 29. The request was denied in part due to a conflict with the city’s Master Plan that designates the area as one of nine “Gateway Nodes.” These ... Read More »

How do used cars fare by mileage in UAE?

How do used cars fare by mileage in the UAE? With the aim to find out which countries rack up more kilometers, Carmudi, the best way to sell or buy your car online, analysed and compared thousands of its global car listings. The team further examined data based on car age and fuel type. The cars examined ranged from 2 ... Read More »

Kia wins the ‘best used car manufacturer scheme’ title

KIA’S innovative Approved Used Scheme has snatched the top award at Car Dealer magazine’s Used Car Awards for providing customers with the best peace of mind in the market. Yaser Shabsogh, Kia’s Commercial Director received the accolade from Car Dealer’s James Baggott and Mike Brewer and commented “Having the best new car warranty in the business wasn’t enough for us ... Read More »

Sir Stirling Moss OBE joins the audience at #UCAwards

THIS year’s Used Car Awards was another spectacular success – and there were a couple of very special guests who delighted the audience as proceedings got under way at The Brewery in London. The first was legendary racing driver Sir Stirling Moss, who attended in his capacity as brand ambassador for The WMS Group. The WMS Group sponsored the used car ... Read More »

REC set to raise Rs 2,225 cr at 8.05% via 3-year bonds

Rural Electrification Corporation (REC) is set to raise Rs 2,225 crore via three-year bonds at a coupon rate of 8.05%, bond arrangers close to the development said. Sources said the issue saw a fairly good response, with SBI Caps being the single largest investor at Rs 1,000 crore. “The yield at 8.05% is considered a reasonable rate,” a bond arranger ... Read More »