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Rolls-Royce sales rocket by 33% worldwide

Rolls-Royce has announced record sales worldwide.

The motor retailer said sales figures had risen by 33% compared with the January to June 2013 period, with purchases in Europe up by more than 60%.

Rolls Royce have recorded record sales worldwide. Credit: PA

Sales in Asia Pacific were up by nearly 40% while the Middle East saw a rise of more than 30%.

The US and China market also saw double-digit growth.

Rolls-Royce Motor Cars chief executive Torsten Muller-Otvos said the firm was on target for another record year in 2014.

UK watchdog to target hire car premiums for drivers

Insurance costs could go down for drivers who have suffered a road accident, after the Competition and Markets Authority (CMA) proposed a cap on replacement vehicle costs.

The watchdog will aim to address the spiraling costs of hire cars used by drivers after a major road accident, in a shake up of the private motor insurance market

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Posh cars 'can push up house prices in your area'

Having an expensive or posh car in the driveway can push up property prices, according to a poll by car rental company Avis.

As many as a third of people reckon having a luxury motor outside their home can add to the value of their house,

McLaren P1 pictured during a motorshow. Credit: Bertrand Gilles/ABACA

A top-end model gave the impression it was a safe and desirable place to live and the property was an attractive one.

Around a third of the 2,000 adults surveyed also thought a flash car would help sell a property.

The majority (57%) admitted they took notice of a luxury car in the drive when viewing a new home.

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Russian 'ghost car' causes accident at junction

A 'ghost car' apparently appearing from nowhere and causing a crash at a junction in Russia has left observers baffled.

The incident was captured on a Russian dashboard camera and shows a black car strangely appearing at the front of the vehicle in front before driving off.

The driver who filmed the episode then hit the car glanced by the first vehicle.

The video, uploaded two weeks ago, has amassed over 1 million views, with many people unsure how the car appeared there.

'Rambo Lambo' off-roader to sell for £100,000

A very rare Lamborghini off-roader dubbed the "Rambo Lambo" is expected to sell for more than £100,000 at auction.

The off-road 'Rambo Lambo'. Credit: SWNS

The 1987 Lamborghini LM002 off-road beast will be on display at Bonhams’ annual auction held at the RAF Museum in Hendon on April 28.

The interior of the very rare Italian 4x4. Credit: SWNS
The engine of the 'Rambo Lambo'. Credit: SWNS

Vauxhall boss: 'Good times are back' in car sales boom

The boss of Vauxhall has welcomed a boom in new car sales in the UK and has said it showed "the good times are back".

With figures for March at their highest for 10 years, Vauxhall's Tim Tozer said it shows greater confidence in the economy.

But he insisted that there will not be be a return to boom and bust.

ITV Business Editor Joel Hills looks at the reasons behind the sales surge:

New car sales at their highest level for a decade

New data from the Society of Motor Manufacturers show new car sales in March were at their highest level since 2004.

  • 464,824 cars were registered in March, a 17.7% year-on-year rise
  • Sales in the first three months of the year up 13.7% compared to 2013
  • Second-highest monthly figure since the introduction of twice-yearly registrations in 1999
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