• Photo of Tony WorthyGeneral Motors says its offer of shares to the public
    could raise $18bn (£11.3bn), $5bn more than first hoped. Investor
    interest in the sale means demand has rocketed and that the company
    can charge more.
  • A survey by Auto Trader has
    found 61% of consumers are not willing to pay more for a car from a
    franchised dealer than an independent. Of those who were, 70% would
    only pay up to £299.
  • Major manufacturers are
    confident the UK total new car market will be in excess of 2m
    registrations next year. Ford and Volkswagen believe it could reach
    2.2m, with Vauxhall forecasting 2.1m.
  • Nissan’s Leaf has been named
    the 2011 European Car of the Year – the first time an electric car
    has won the award – beating the Alfa Romeo Giulietta,
    Citroën C3/DS3, Dacia Duster, Ford C-Max, Vauxhall Meriva and Volvo
  • Tata Motors’ profits are
    soaring as demand for its Jaguar and Land Rover brands improve.
    India’s biggest vehicle maker made 22.2bn rupees (£310m) in the
    three months to the end of September – an almost 100-fold increase
    on last year.
  • Jaguar has signed a
    partnership with the Lawn Tennis Association to become its official
    vehicle supplier. The deal will last for three years and see Jaguar
    as an official supplier to the Aegon British Tennis Series and the
    Great Britain Davis Cup Team.
  • The first ever British Motor Festival is to be held at
    the Royal Windsor Racecourse, Berkshire, from 11 to 13 March 2011.
    It will run alongside the annual British Leisure Show, which
    attracted more than 21,000 visitors in 2010.