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SEASONAL PRESSURES SEE MARKET SLOW IN JULY

AUCTION house BCA’s latest Pulse report shows that demand for older, lower value dealer part-exchange cars improved in July, but the fleet and lease sector has experienced more price pressure. The headline average used car value declined in July, as would typically be expected at the onset of the summer holiday months. Values across the board fell to £5,633 down from the £5,662 recorded in June – a £29 decrease that was equivalent to 0.5% fall.

Ferrari F150 / F70: Details confirmed

Ferrari has confirmed more details of the Enzo successor – the Ferrari F70 / F70 – in the Ferrari Magazine and their web site. As we’ve already reported today that the McLaren P1′s design is almost the same as the concept P1, we thought we should also report on the latest news on the McLaren’s biggest rival – the Ferrari F70 / F150 – now Ferrari has confirmed more detail. Most of what Ferrari has revealed on their web site (and in the latest edition of the Ferrari Magazine) has already been speculated upon, but now we know from the (prancing) horse’s mouth some of the technical details, as well as the look of the new Ferrari from the recent tease of the F70/F150.

Design Contest: Winners of the Interior Motives Design Awards 2004 announced

After the second press day of the Paris Motor Show, designers made their way to Le Cab nightclub for the announcement of InteriorMotives Student Design Awards 2004 winners. Over 500 atttendees included leading automotive designers, design managers and top executives from automakers, independent designers and design studio personnel, as well as Tier 1 and 2 suppliers. This annual competition gives the opportunity for students to submit their work for viewing by a prolific file of judges.