UK Car Industry

According to recent figures from the motor industry body SMMT, the UK is Britain’s second largest supplier of cars; the first being Germany.

Manufactures such as Land Rover, Jaguar and Nissan are contributing to the numbers of UK supplied cars on Britain’s roads. All good news for UK PLC.

Oracle Finance providing flexible finance for exceptional cars.
T: 08450 944 997

First Pictures of the New Audi RS4 Avant Revealed

The first official pictures of the new Audi RS4 have been released ahead of its launch at next month’s Geneva International Motor Show. Following a four year absence, the RS4 will return powered by 444bhp 4.2 litre v8 reaching 0 to 62 mph acceleration in 4.7 seconds.

As with all of Audi’s RS models the top speed is limited to 155mph (although this can be removed to reach 174mph).

It will take on Mercedes’ C63 AMG estate, and will only be sold as an Avant estate, as was with the first generation introduced in 2000.

It is expected that right-hand-drive cars should hit UK showrooms later this year. UK pricing has yet to be confirmed, but it is expected to be in the region of £55,000.

Oracle Finance providing flexible finance for exceptional cars.
T: 08450 944 997

HW

Oliver, Clare

A note to say thank you for all your efforts to get the financing done last week with ING.

A sincere thanks on a competitive offer and great customer service that was friendly, knowledgeable and quick.

Very much appreciated

HW

BMW Releases First Pictures of the New M6 Coupe and Convertible

Ahead of the Geneva Motorshow, BMW have released the first pictures of the new rear-wheel drive BMW M6 Coupe and Convertible.

Closely related to the new M5, the M6 shares the same 552bhp 4.4-litre twin-turbocharged V8 engine (more powerful than its close rival, the Jaguar XKR-S) as well as the seven-speed M double-clutch transmission gearbox. The Coupe reaches 0 to 62 mph in 4.2 seconds and the Coupe in 4.3 seconds and both are electronically restricted to 155mph unless the customer goes for the M Driver’s Package, which reaches a top speed of 189mph.

They are fitted with BMW’s fuel-saving EfficientDynamics technologies, resulting in less fuel consumption, and bringing CO2 emissions to 232g/km (239g/km for the convertible).

Both models are on sale in the UK on 15 September 2012, with the Coupe costing £93,795 (£20,000 more expensive than a new M5) and the Convertible £98,995.

Oracle Finance providing flexible finance for exceptional cars.
T: 08450 944 997

Ferrari 250 GTO becomes the world’s most expensive car ever sold in the UK

Having enjoyed an illustrious racing career, a classic Ferrari has changed hands for £20.2 million, making it the UK’s most expensive car sale. The rare Ferrari 250 GTO, one of only 39 to be built between 1962 and 1964, had a 6,000 price tag when it was manufactured in 1963.

The sports car, number 5095, is understood to have been sold by British businessman Jon Hunt who bought the car for what was then a world-record at £15.7million in 2008. The GTO is now thought to be on its way to Spain.

Chairman of classic Ferrari specialist Talacrest, John Collins, confirmed the sale but declined to say whether Mr Hunt did actually own the GTO.

Finishing second, the GTO made its motorsport debut in the 1963 at the Tour de France road race, driven by Carlo Maria Abate and Lucien Bianchi. It then went on to win three competitions the following year; the Rallye du Limousin, the Rallye de Picardie and Les Andelys hillclimb.

The 250 GTO was fitted with a 3.0 litre V12 engine, and had a 0-60mph time of around 6.1 seconds and a top speed of 174mph.

The GTO is the second most expensive car ever sold in the world after a 1936 Bugatti Type 57SC was sold ‘between £20 and £26million’ in 2010.

Oracle Finance providing flexible finance for exceptional cars.
T: 08450 944 997

Geneva International Motor Show

On 8th March the 82nd Geneva International Motor Show will open its doors to the public. The show is regarded as one of the most important international motor shows and this year 260 major car manufacturers, specialists and designers will be exhibiting.

The Geneva Motor Show will be the scene of the world premiere of some of the world’s most exciting car manufacturer’s new and updated models. This year look out for the unveiling of the new Bentley Continental GT V8, BMW M6, BMW 6 series GranCoupe, Maserati GranTurismo Sport, Audi RS4 Avant and Ferrari California among others.

Oracle Finance providing flexible finance for exceptional cars.
T: 08450 944 997

 

Oracle Finance goes Green

Despite the current confusion and uncertainty surrounding feed-in tariffs, Oracle Finance has decided to go ahead with installing solar panels at its prestigious Head Offices in Knaresborough, North Yorkshire. 

Oracle Finance is committed to cutting its carbon footprint and this is the next stage of this year’s sustainability strategy. 

Oracle Finance providing flexible finance for exceptional cars.
T: 08450 944 997

Land Rover Release Images of their New Evoque Convertible Concept

Land Rover’s concept for a convertible version of the Range Rover Evoque is due to make its debut at the 2012 Geneva International Motor Show next month.

Land Rover Design Director, Gerry McGovern said, “the Evoque lends itself beautifully to the idea of a convertible. This study is not a traditional convertible design execution – instead we have worked with the balance of the Evoque’s lines to retain its distinctive shape and create something that is unique and, we believe, highly desirable.”

John Edwards, Land Rover Global Brand Director said: “The Evoque Convertible Concept is a new twist to the Evoque story and explores the potential to further extend the nameplate’s appeal by giving existing customers more choice, whilst at the same time reaching out to a completely new customer base. We are excited to see the response to this concept as we assess the potential for building on the Evoque’s exceptional success so far.”

The Range Rover Evoque has been on sale six months and is enjoying strong sales around the world.

New Kia K9

Kia Motors Corp has released pictures of their first ever rear-drive car. The K9 is set to be introduced in its home market of South Korea later this year and will not be sold in Western Europe or China.

Kia spokesman Michael Choo confirmed that “The name for export markets will not be K9”.

Soon-Nam Lee, Kia’s Director of overseas marketing said, “K9 is our first rear-wheel-drive large sedan, created without compromise in its design, driving performance and new technologies. K9 sets a whole new level of standards and values in the large sedan segment, and its design will be another Kia demonstration of our brand’s power to surprise the world”.