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New models to spur sales, J. D. Power says

A flood of new-model introductions this year will help pump sales volume for the industry, according to forecasts from J.D. Power and Associates. Automakers have scheduled 60 new or substantially redesigned model introductions this year, compared with just 36 in 2010, by Power's count.

2012 European Grand Prix Qualifying: Vettel takes pole with Hamilton alongside

The 2012 European Grand Prix on the street circuit in Valencia sees Red Bull’s Sebastian Vettel on pole position with Lewis Hamilton’s  McLaren alongside. Slowly, but not yet completely, Red Bull and McLaren seem to be getting a handle on the topsy-turvy 2012 Grand Prix Circus. Despite serious challenges in final qualifying, it was Sebastian Vettel who set a blistering time to take pole, his third pole of the 2012 season, 33rd of his career and third at Valencia.

UK new car registrations up again in July

New car registrations in the UK have risen for the fifth month running, with a total of 143,884 new cars registered in July 2012. The UK is continuing to buck the European trend with new car registrations up by 9.3 per cent in July (2102) to 143,884 according to new figures released by the Society of Motor Manufacturers and Traders (SMMT). That figure is the largest sales volume of 2012 and is the fifth month in a row that new car registrations have risen, despite economic woes and the Eurozone crisis, and brings registrations in 2012 to 1,201,564 so far, leading the SMMT to increase their prediction for 2012 sales upwards to 1.97 million.