CamdenNewJournal

The independent London newspaper

Model vehicle cars – a regeneration of the car industry

09 October, 2017

New models of cars are in great demand.

The forsaken ‘credit crunch’ and subsequent recession between 2007-2011 whereby banks reduced the amount of lending for car loans, along with conditions for lending, meant that the car industry was in for a bashing.

In 2017, it has vastly recovered. Auto Parts Pro is selling car parts for manufacturers like BMW and Nissan, Hyundai and Ford along with the model cars themselves – the industry is back on track again.

Since 2002, there have been two releases of car a year, rather than the previous one release beforehand.

This shows demand has increased, despite the years of the recession. New models of brands of cars are ever more sought as customers try to outperform each other in the car stakes.

Between October and December 2017 40 new releases of cars have been put to market, ranging from Aston Martin, BMW, Kia, Porsche, Mercedes Benz and Audi and Jaguar, among others.

Each car manufacturer is on high alert to provide the latest specification of car with all the fizzes and bangs. Aston Martin are releasing their DB11 V8 and Vantage AMR models – these are firstly, a lighter and more sporty style of the Grand Tourer with a 503bhp AMG V8 engine and secondly, a racing V12 Vantage model.

Engine size and power is increasing constantly, much like the giga/tera/peta bytes of computer processors.

Demand increases – supply simply meets demand. Check out Facebook.com/CARmagazine which is a great place to go to see what others are saying about these new models of cars.

A recent post has been put on about the new DB11 V8, asking others for their thoughts. Reviewers can give cars stars out of five for performance, style and general use.

Nearly 1.2 million people like the page, so you will not be alone in your reviews.

There are posts with photos and videos of all new models of cars.

It really is a scene to be a part of if you are looking for a new car. Other new cars to market include the BMW Series 6 GT in October and the BMW X3 in November.

These cars break BMW history as they are both sleeker-looking.

The Series 6 GT is the Series 5 with bells on and much nicer to view from afar.

The X3 is a lighter and more robust model. All the stops have been pulled on the interior too, for it holds the BMW’s iDrive infotainment system with a 10.3 inch screen.

Screens on these newer models of cars, as well as SATNAVs and radio systems are improving all the time.

This is true of many manufacturers of cars. The customer wants and the customer is getting and prices are getting very competitive too across the car buying industry as they vie for success in the financial stakes.

New cars are being brought to market all the time. It’s not just the UK that has recovered its automotive industry. The US has too.

At the very end of 2016, it came close to setting a new sales record of over 17.5 million new car and truck sales.
This is largely considered to be because petrol (gas in the US) has been cheaper to buy, credit has been easier to obtain and the frustration over the preceding years of pent-up demand of not being able to upgrade early enough.

With the unemployment rate under five per cent in the US, new and reliable cars are a must.

The worry is the trend may have peaked, and those buying cars won’t be needing a new one for a while. However, this worry seems to be only a worry at this stage as Americans continue to use their spending power.

In the UK, there is a similar picture. In March 2017, a new monthly record for car sales was hit, with a significant rise of 8.4% compared to March 2016.

This figure alone put the first quarter of 2017 to a record high of 820,016 automotive vehicle sales. The UKs new-car sales smashed all pre-existing records with 562,337 vehicles becoming registered for the first time in the same March of this year. Many other new cars are being put to the market.

A variety of new Jaguars are due out, including the Jaguar E-Pace, the Jaguar XJ and the Jaguar XJR-575, so it’s not just lower end cost of cars being sought.

The price is higher but consumers are becoming more prepared to pay for the special car they’ve always wanted. It seems the trend is to buy something that will last longer, with more durability and power, with more techie equipment and mod-cons.

For example, according to a car reviewing site, the Jaguar XJR-575 gets “full LED headlights and a ‘J-blade signature’ daytime running lights as well as technology.”

It boasts the “latest Touch Pro ‘infotainment’ system with a 10.0 inch touchscreen and fast 4G wi-fi connectivity”. New safety systems include Lane Keep Assist, Driver Condition Monitor and Autonomous Emergency Braking.

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