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New car sales up by 3% on 2013

ANOTHER RISE in new car sales in February has meant purchases have increased every month for two years. A total of 68,736 vehicles were registered last month - a 3% rise on the total for February 2013, the Society of Motor Manufacturers and Traders (SMMT) said. Sales for the first two months of this year have totalled 223,298 - a 6.1% rise on the total for the first two months of 2013 SMMT chief executive Mike Hawes said the two years of continuous growth was "a real endorsement of consumer confidence and the attractiveness of the new car market".

First Corvette Stingray Convertible sells for $1 million

The first Chevrolet Corvette Stingray to be built has been auctioned for charity by Barrett Jackson  and bought by Rick Hendrick for $1 million. The new Corvette Stingray Convertible was offered for sale this weekend at Barratt Jackson’s auction in Palm Beach, Florida, with GM donating the healthy proceeds of $1 million to the Barbara Ann Karmanos Cancer Institute. The Stingray Convertible was bought by wealthy NASCAR team owner Rick Hendrick, who can now add the Stingray Convertible to his collection of cars, which also includes the first of the new Stingrays for which he paid $1.1 million.

Skoda to crown range with seven-seat SUV (2014)

By Ollie Kew Motor Industry 19 April 2014 17:00 Skoda is plotting a large new 4x4 to sit at the top of its range, CAR can reveal. The new SUV will compete with Korean seven-seater SUVs like the Hyundai Santa Fe and Kia Sportage, and be positioned a rung further up than Skoda's wildly successful Yeti crossover. Skoda's top brass has already green-lighted the plan to offer a family 4x4, and early prototype miles are reportedly already at the initial testing phase, CAR has learned.