Monday, June 20, 2016

STOCKWATCH

STOCKWATCH
End of week share prices
(As at market close, Friday; prices for previous week in brackets)
 BCA Marketplace 175.00p (-3.50p)
Caffyns 572.50p (-7.50p)
Cambria Auto 68.50p (-3.50p)
Inchcape 635.00p (-29.50p)
Lookers 130.00p (-2.30p)
Marshall Motor 189.00p (-17.00p)
Motorpoint Group 229.25p (-1.25p)
Pendragon 36.00p (-2.18p)
Vertu Motors 55.00p (-2.25p)

DATED: 20.06.16

FEED: ARN

HENDY PLANS £9M SHOWROOM EXPANSION

HENDY PLANS £9M SHOWROOM EXPANSION
Hampshire-based auto retailer Hendy Group has submitted an application to build a new Mazda, Kia and Honda facility on land previously occupied by Eastleigh Borough Council. According to the Southern Echo newspaper, the retailer has plans for a site that will accommodate 120 used vehicles, a 20 bay workshop facility and a multi-brand showroom with space for 27 vehicles. 
Speaking to the newspaper, Hendy Group managing director Paul Hendy said the £9 million development would be a key milestone in the company’s 157-year history. If approved, the site could be open to the public by summer 2017. News of this application follows on from Hendy’s recent acquisition of the Lifestyle Motor Group, which has resulted in a combined reach of 25 locations in the Surrey, Sussex, Kent, Hampshire and Devon regions.

DATED: 20.06.16

FEED: ARN

PREMIUM AUTO RETAILER SEES RECORD GROWTH


Williams Group, a North East of England auto retailer, has recorded what it called a “strong trading performance in 2015” as its financial results for the year ended 31 December 2015 highlighted an improved year-on-year performance from all areas of the business. Gross profit in 2015 for the BMW, Mini, Jaguar and Land Rover retailer was £43.8 million, up from £38 million in 2014. 
Against a backdrop of rising UK registrations, Williams also saw a rise in fortunes as the company’s BMW division registrations were up14.4 percent against a market increase of 12.4 percent. Retail sales growth of 12.3 percent was attributed to a combination of the attractiveness of PCPs, low interest rates and strong brand residuals. Mini registrations were said to be in line with the market, while retail sales grew by 21.8 percent thanks to OEM incentives. Land Rover, its BMW motorcycle operation and corporate sales all performed above expectations, with the latter delivering a 22.2 percent increase in sales (1,941 up from 1,588) over 2014.

DATED: 20.06.16

FEED: ARN

OSBORNE WARNS OVER EU VOTE FALLOUT

OSBORNE WARNS OVER EU VOTE FALLOUT
With the UK’s EU referendum vote on Thursday, Reuters reports that Chancellor George Osborne has said he believes that a ‘leave’ vote could prove more damaging to the nation’s economy than predicted by current government forecasts. In a television interview on Sunday, Osborne referenced an existing estimate of a five to six percent drop in GDP and said “it's possible that it could be quite a lot worse than that.”
The Chancellor was referring to a Treasury estimate in May that expected a vote to leave would see the UK’s economy shrink by six percent within two years of the referendum, while inflation would rise sharply and house prices would suffer an 18 percent drop in value. With an emphasis on consumer-related issues, Osborne went on to say: “People are doing this already. They are not buying houses, they are not buying cars. They are delaying investment. This is before the vote. This is a taste of things to come.”
The IMF had already issued a similar warning, claiming Brexit is the "largest near-term risk" to the UK economy. However, economists for the Leave camp have said the consensus that a UK exit would be bad for the economy was "based on flawed EU-centric models".

DATED: 20.06.16

FEED: ARN

Monday, June 06, 2016

STOCKWATCH



End of week share prices
(As at market close, Friday; prices for previous week in brackets)
BCA Marketplace 176.00p (+8.00p)
Caffyns 582.50p (-12.50p)
Cambria Auto 78.50p (no change)
Inchcape 675.50p (-20.00p)
Lookers 142.80p (-5.30p)
Marshall Motor 199.00p (+46.50p)
Motorpoint Group 231.75p (+1.25p)
Pendragon 41.00p (+0.05p)
Vertu Motors 60.00p (+1.00p)

DATED: 06.06.16

FEED: ARN

SUZUKI HQ RAIDED OVER FALSE FUEL ECONOMY TESTS



Japanese car maker Suzuki has become the latest manufacturer to become embroiled in a fuel economy test scandal. The firm’s headquarters were raided by officials as part of an investigation into the improper reporting of fuel economy test results. Recently Suzuki said it found “discrepancies” in its tests but denied cheating, later clarifying the statement saying it failed to use approved testing procedures and infrastructure due to a lack of manpower and investment. The company added that the vehicles concerned were destined for the domestic market.
Suzuki follows Mitsubishi in becoming the latest Japanese car maker to fall foul of domestic fuel economy testing procedures, while on a global level Volkswagen has been joined by a number of rival European car makers as investigations into the use and legality of so-called emissions ‘defeat devices’ continue.

DATED: 06.06.16

FEED: ARN

PERSONNEL CHANGES AT HR OWEN

A personnel reshuffle at premium auto retailer HR Owen has seen Manish Patel, currently group accountant, assume the responsibilities of recently departed financial director Graham Vincent. Mr Patel, who has been in the automotive industry for almost two decades, has worked at HR Owen for the last 10 years. Established in 1932, luxury brand retail group HR Owen boasts retail sites in London, Cheltenham, Berkshire, Surrey, Hertfordshire and Greater Manchester. It is also the official UK retailer for Bugatti and Pagani. 

DATED: 06.06.16

FEED: ARN

SALES UP AT RIVERSIDE MOTORS


Independently owned auto retailer Riverside Motors has recorded improved sales and pre-tax profits, according to its latest accounts. For the year to 31 December 2015, the Mitsubishi, Seat and Volvo retailer posted pre-tax profits of £1.46 million - up from £1.34 million for the previous year. Turnover was £84.4 million, compared to £75.4 million for the previous 12 month period.
Despite the positive financial performance, commenting in its strategic report the retailer acknowledged that the current trading environment was a challenging one. Established in 1982, Riverside Motors operates franchised businesses in Doncaster, Scarborough and Hull.

DATED; 06.06.16
FEED: ARN 

SKODA RETAILER UNDERTAKES MAJOR REVAMP

Lincoln-based auto retailer Dennis Horton Group has embarked on a major revamp of its Skoda showroom facilities. Located on Kingsley Road, the 30-week, £1.3 million project includes a 6.5 metre showroom extension, a complete interior refresh and work to expand the retailer’s service area. Parking facilities will also be expanded, while the retailer plans to fill around 10 new positions as part of the business overhaul.
Despite the considerable upgrade to the site, the business will stay open during the revamp. Speaking to the Lincolnshire Echo, Oliver Horton, director, said: "Everything is getting stripped back to the bare bones and is being done again. It will double the size of the showroom.”

DATED: 06.06.16
FEED: ARN

CARWOW REPORTS BMW TO CMA




BMW has been reported to the Competition and Markets Authority by Carwow for what it believes are “anti-competitive” controls that stop franchise holders from using the online car sales channel.
“We have reported BMW to the CMA,” confirmed Carwow boss James Hind, speaking to Auto Retail Agenda. “We believe there are a lot of their dealers who want to join Carwow but BMW is stopping them.”
BMW is one of the few major brands that is not represented on Carwow.
Mr Hind said: “We think it’s a contravention of European Block Exemption Regulation and is anti-competitive. Ultimately we believe it goes against the customer’s best interest.” Mr Hind added that reporting a company to the CMA was the “easy bit” and that now it was up to the government body to decide if it would investigate.
A BMW spokesman responded saying: “We are aware of the legal situation. It’s something we feel that Carwow does not have any substance in European law in making their claim so there is a discussion between the two legal departments.”
The move by Carwow follows a similar situation in Germany where Ford, Opel and Peugeot Citroen had to climb down from restrictions on how their networks cooperated with intermediaries. The manufacturers were forced to change their retailer controls under legal proceedings initiated by the Bundeskartellamt, the independent competition authority whose task is to protect competition in Germany.

FEED: ARN
DATED: 06.06.16

Monday, March 28, 2016

Launch Diary

Smart Fortwo Cabrio Drop-top version of Smart’s city car, on sale now from £13,265.
Seat Ateca All-new compact SUV from Seat arrives Autumn 2016 priced from £17,990.
Range Rover Evoque Convertible New Evoque variant on sale this Spring from £47,500.
Mercedes-Benz SL Roadster Revised SL available to order now, priced from £73,805.
BMW M2 High performance compact saloon on sale April from £44,070.

DATED: 28.03.2016

FEED: ARN

STOCK WATCH


End of week share prices
(As at market close, Friday; prices for previous week in brackets)
BCA Marketplace 176.75p (-0.50p)
Caffyns 585.00p (-5.00p)
Cambria Auto 79.50p (-0.50p)
Inchcape 712.50p (+14.00p)
Lookers 160.50p (+0.50p)
Marshall Motor 167.50p (no change)
Pendragon 37.00p (-2.04p)
Vertu Motors 64.00p (-3.00p)

DATED: 28.03.2016

FEED: ARN

ASTON MARTIN DB11 UNVEILED AT OPENING OF NORTH EAST RETAILER


Auto retailer Aston Martin Newcastle used the launch of the luxury sportswear maker’s new DB11 to open its new showroom recently. The site at Cobalt Park Way, Silverlink is the first Aston Martin venture for Stoneacre Motor Group. The facility includes a 14-car showroom and a separate James Bond-themed “Q” lounge where customers can tailor a car to their own specification. Employing 16 people and operating a seven-day service, the North Shields site is currently the sole authorised Aston Martin retailer for the North East.

DATED: 28.03.2016

FEED: ARN

QUARTER OF BUYERS CONSIDERING NEW CAR BEFORE SEPTEMBER


According to the latest Sainsbury’s Bank car buying index, 24 percent of UK adults are considering a car purchase in the next six months. The index, which tracks consumers’ purchase intentions, has shown a steady increase in the number of buyers considering a new car in the past two years.
Almost a third of buyers who signalled an intention to make a purchase before September said the reason for buying was down to confidence in their own finances. This was followed by 24 percent stating they had more disposable income and 12 percent wanting to drive a car with the latest 2016 registration. Researchers also found that 49 percent of buyers planned on using finance to fund their purchase - a seven percent increase on the previous year.

DATED: 28.03.2016

FEED: ARN

FRANK KEANE REPLACES MSL AT VOLKSWAGEN IRELAND


Retailer Frank Keane is set to replace MSL Motor Group as the sole provider of sales and service in south Dublin for Volkswagen cars and commercial vehicles, following a decision by MSL not to renew its contract with Volkswagen. The Irish Times reports that this decision centred on the requirement to sign up to significant new investment plans laid down by the car maker. Assuming the move is approved by the country’s Competition and Consumer Protection Commission, Frank Keane intends to operate temporarily from MSL’s Grange Motors facility under a rental agreement with the outgoing retailer from May 1st.
Despite the deal, MSL retains a Volkswagen franchise at its Park Motors outlet in Dublin. Historically, MSL was the first company to bring the Volkswagen brand to Ireland, and in the early 1950s assembled Beetles from CKD kits - the first to do so outside of Germany.

DATED: 28.03.2016

FEED: ARN

INTERNET ACTIVITY HELPS BOOST BOOMING AD MARKET


Advertising analysts are expecting Internet-based advertising to overtake TV spend globally by the end 2017. A report by Publicis Groupe states that global ad spend will reach $579 billion in 2016 and $603 billion by the end of 2017. Crucially, the UK was described as the standout market within Europe. And on the subject of Internet advertising, the report stated that the global market is expected to grow at three times the global average, by 15.7 percent. Although the authors commented that this rate was slower than 2014’s 21.1 percent growth as the market shows signs of maturing. And like with other Internet-related trends, mobile is seen as the key growth driver.

DATED: 28.03.2016

FEED: ARN

RETAILERS HAVE A PLACE IN GOOGLE’S SELF-DRIVING FUTURE


While some industry analysts have predicted an autonomous car future without auto retailers, search giant Google’s head of self driving technology has come out in support of the industry, as many have been understandably wary of the latest developments in personal transport. Speaking before the recent New York Motor Show, John Krafcik predicted that, due to the need to make better use of what is expected to be a more costly asset than a regular car, self-driving cars will be on the road for longer than our current cars.
The result being that they will cover more miles and, subsequently, will need to be maintained. With Krafcik forecasting annual mileage upwards of 100,000 to 150,000 as the cars will have to earn their keep, the Google chief said: "I think there are going to be positive implications for a lot of dealers.” If Krafcik is right, auto retailers may be able to breathe easy knowing that their services will still be in demand, despite the potential shift in the public’s perception of cars becoming less aspirational and viewed more as appliances in the future.

DATED: 28.03.16

FEED: ARN

RINGWAYS MOTOR GROUP POSTS PROFITS FALL


Financial accounts published by Ringways Motor Group, covering the year to 31 December 2015, detail a slowdown in turnover and profit. The family-run business, which was established in 1955, operates Ford and Kia franchises in Leeds and Doncaster. 
Turnover for the business slipped from £73.8 million to £72.9 million, while pre-tax profit fell from £697,535 to £276,496. Also contained in the accounts were details of the auto retailer’s renewal of its banking facilities with HSBC for a further 12 months. The retailer agreed to overdraft facilities of £3.55 million, rising to £4 million during the peak trading period of March to September, to better meet its day-to-day working capital needs.
Ringways Motor Group operates Ford and Kia franchises at its Whitehall Road, Leeds site and a Kia franchise at its Bullrush Grove, Doncaster site. The group’s relationship with Ford goes back to 1967, while 2012 saw the completion of a custom built facility for its new Kia operation.

DATED: 28.03.2016

FEED: ARN

Thursday, April 02, 2015

Used car profits come under pressure in March

Photo of Generic Used Forecourt 620


Dealer profits on used cars came under pressure in March, according to new research
Margins were dented despite the surge in activity prompted by a new plate, said CAP Automotive.
In March 41% of dealers reported that margins were tighter than the month before.
Cap said profits were under pressure because the condition of vehicles has deteriorated as volumes increased and dealers were hit by higher preparation and refurbishment costs.
Despite higher volumes in the market just 23% of dealers described the choice of cars available as “better”.
This signals further profit erosion in the coming weeks as those cars will also need refurbishing for retail, just as consumer demand is expected to reduce after Easter.
The latest inter-dealer survey also reveals that online consumer interest increased during March more than physical visits to showrooms.
Philip Nothard, retail specialist at CAP Automotive, said: “Dealers may, on the surface, be enjoying a very successful time but the number of sales isn’t the whole story.
“The squeeze on margins is a constant complaint and the problem is fuelled by a general deterioration in the quality of the majority of cars now available in the market, which forces them to invest much of their potential profit in refurbishment,” he said.

DATED: 02.04.15

FEED: MT

Dealers told to add online finance tools after Halifax PCP launch

Photo of Halifax high strret 620


Dealers have been urged to put finance calculators on their websites or face losing business to banks launching car loan schemes.
The warning follows last month’s launch of an online secured loan package by Halifax, part of the Lloyds Banking Group, enabling car buyers to fund purchases through PCP and HP packages. The Halifax Car Plan Extra offer is restricted to the bank’s online customers and is initially only available for used car purchases although a new car finance scheme is planned.
“This is clearly a move to test the market and if successful Lloyds Banking Group could roll it out to their other brands including Bank of Scotland. Dealers should be just as concerned about Halifax’s entry into the car loan market as they are about the FCA changes,” said an industry insider contacted by Motor Trader.
“Dealers can protect themselves. If ever there was an argument needed for dealers to promote finance online with tools such as finance calculators, then this is it.”
MotoNovo Finance managing director Mark Standish also believes the threat from banks and other direct lenders is serious and urges dealers to take steps to safeguard their offerings.
“The industry should be under no illusion that as the economy improves competition from direct, high street and supermarket lenders is increasing. Nor can dealers rely upon the benefit of dealer-focused secured finance products, as the recent move by Lloyds Banking Group to take HP and PCP direct to their customer base reveals.
Standish is confident that MotoNovo’s dealer clients  will be in a good position to compete against the banks.
“Through the recent boom times, as a dealer-dedicated finance business, we have always looked ahead to anticipate changes in our market. Our driver has been to establish the dealer as the natural place for car finance. Creating a unique portfolio of digital tools and expertise has been central to this ethos”
Halifax also defended its decision to launch the scheme which could potentially conflict with dealers selling Black Horse finance, also supplied by Lloyds Banking Group.
“We remain fully committed to supporting the point of sale motor finance industry through Black Horse where we work with UK dealerships and motor manufacturers to offer competitively priced motor finance to UK end consumers for their car, bike or leisure vehicle of choice. However we have also identified that there is a need to broaden the car finance proposition for customers who prefer to interact digitally and direct with their bank and hence why we launched this new product through our Halifax challenger brand,” said a Lloyds Banking Group spokesperson.

DATED: 02.04.15

FEED: HA

0% FINANCE ACROSS ENTIRE MERCEDES-BENZ VANS RANGE





Mercedes-Benz Vans has introduced a 0% APR representative finance offer across the entire range, with a £250 deposit contribution.
The current-model Vito is available with free optional extras including metallic paint, air conditioning, upgraded wheel trims, and a driver’s comfort seat.
If a bigger van is required, the two-series Sprinter 213 CDI, an ideal tradespeople vehicle, is available with the option of a special upgrade pack.
The pack offers air conditioning, pre-wiring and module for Becker MapPilot, a Driver’s Comfort seat, wheel trims, fog lights, factory plylining and Parktronic, including electric and heated wing mirrors, worth over £3,000, for just £750.
In addition to the 0% APR representative finance offer, every new Mercedes-Benz Vans vehicle purchase comes with free 30-year MobiloVan UK cover.
Service24h is a free call-out service across the UK and Europe which comes as part of MobiloVan UK. Across the 150 Service24h roadside recovery vehicles covering the UK, there is an average response time of 55 minutes, with 85% of vehicles fixed at the roadside.
MobiloVan UK will send out a Service24h roadside assistance van, which is well-stocked with GenuineParts and manned by a Mercedes-Benz trained Technician, at no cost to the customer. Also covered are minor non-warranty roadside repairs up to £130 including VAT and recovery to the nearest Mercedes-Benz workshop if roadside repairs are not possible.
These offers from Mercedes-Benz Financial Services are available on vehicles registered by 30 June 2015.

DATED: 02.04.15

FEED: HA

WORLD PREMIERE FOR ALL-NEW LEXUS RX AT NEW YORK MOTOR SHOW




  • First appearance of the all-new RX, fourth generation of Lexus’s luxury SUV
  • Longer wheelbase, improved cabin space and higher levels of comfort and luxury
  • Introduction of Lexus Safety System+ package of advanced preventive safety features
  • Global range to include 3.5-litre V6 petrol and V6 petrol full hybrid powertrains
  • New RX F Sport to deliver sportier styling and performance features
  • UK and European model details and specifications to be announced ahead of sales launch in late 2015
The RX is the best-selling model in Lexus’s 26-year history. With more than 2.1 million reaching the road, it represents three out of every 10 vehicles the company has sold. The new fourth generation model looks to build on that achievement, with a completely redesigned, luxurious interior, wrapped in a chiselled new body with a longer wheelbase.
A large dose of Lexus’s brand DNA has been artfully incorporated into the details, things you can feel as well as see. The reimagining of the model also yields superior on-road performance and new safety technologies, including the innovative Lexus Safety System+.
Takayuki Katsuda, RX Chief Engineer, said: Our ambition has been to make a completely new statement in this segment while building on and staying true to the ground-breaking values of previous RX generations.
“Lexus’s pioneering spirit drives our creation of new technology and generates new ideas. It allows us to introduce new vehicles with leading-edge features. We are committed to bringing ‘progressive luxury’ to the world.
“I believe this new RX will not only surprise new customers, it will also delight and satisfy our loyal customers, whose high expectations will be met by many innovations.”
Details and specifications of the production model for the UK and Europe will be announced later this year.
New design
It is obvious at first glance that the new RX makes a powerful visual statement. The completely new front end features a stronger spindle grille design with a chrome-finished border and triple L-shaped LED headlamps. Together with the redesigned fog lights, this gives the new RX an elegant yet futuristic look. Muscular flares to the front wings add to the vehicle’s sporty look.
In side view, the sharp character line running from the front wings to the rear and the flowing roof line create a dynamic profile that minimises drag and reduces front and rear lift. This makes the vehicle more stable at high speed and sharply reduces wind noise. The blacked-out C-pillars create a floating roof effect. New 20-inch aluminium wheels (replacing the current 19-inch rims) can be customised with different coloured inserts, increasing the scope for customer personalisation.
The appearance of the RX’s rear has been sharpened and exudes a sense of rock-solid stability, highlighted by new L-shaped taillights that wrap around the sides of the vehicle. When illuminated, these give the car a wider, more authoritative presence, creating a brilliant glow that extends laterally from the body to the tailgate – a Lexus first.
The cabin puts the emphasis on comfort and luxury, with repositioned trim elements that create a high-class feel. Those who want extra opulence can opt for new laser-cut wood ornamentation. A large head-up display takes centre stage, while the information zone features a 12.3-inch monitor, set apart from the cockpit’s main operation zone.
The shift lever has been moved from the front of the instrument panel to make it easier to use and give the driver more space. The longer wheelbase means more leg and knee-room for rear seat passengers. The rear seats themselves can be equipped with power recline adjustment and heaters. A panoramic sunroof adds to the sense of spaciousness in the cabin.
Gen Ikeda, RX Chief Designer, said: “We designed the RX to have a high amount of excitement and strength. The longer wheelbase and larger wheel size create sporty, powerful proportions. At the same time as we have secured a highly luxurious and spacious cabin, we have kept a sleek and dynamic vehicle silhouette.”
Powerful and efficient engines
The new RX will be available (according to market) with an upgraded, more powerful 3.5-litre V6 petrol engine with a target output of 300bhp, matched to a new eight-speed automatic transmission.
The full hybrid powertrain will feature an improved, Atkinson cycle 3.5-litre V6. System output, including the electric motor, will also be around 300bhp.
Both engines have been tuned to achieve high fuel economy and low carbon emissions.
Better handling and stability
The all-new RX has been engineered to deliver car-like handling. The entire chassis has been strengthened to provide better stability and control through bends. The body structure has been made stronger, too, with extra stiffness that contributes to drastically improved handling response and to a reduction in engine and road noise levels in the cabin.
The Vehicle Dynamics Integrated Management (VDIM) is designed to recognise potentially dangerous situations and to make automatic and often transparent adjustments to ensure the car is kept under control when entering and exiting corners. All-wheel drive improves handling performance on dry and slick surfaces alike.
The fully independent suspension features front MacPherson struts and a rear double wishbone set-up. This has been tuned and reinforced to improve handling while keeping the ride remarkably smooth. Most RX versions will be available with Adaptive Variable Suspension (AVS), which electronically monitors and adapts suspension damping and steering to secure the best handling and ride according to the driving conditions.
Lexus Safety System+
The new RX benefits from significant improvements in active and passive safety provisions, in line with Lexus’s continuing focus on improving vehicle safety performance.
The improvements include a stronger body structure that raises the overall level of passive safety, and the introduction of the Lexus Safety System+, which helps avoid or mitigate collisions at a wide range of vehicle speeds.
Lexus Safety System+ is being introduced worldwide. It integrates several existing Lexus active safety technologies: the Pre-Collision System (PCS), which detects and warns the driver of potential collision risks with vehicles, pedestrians and obstacles on the road ahead; Lane Departure Alert (LDA), which triggers a warning sound if the vehicle moves out of its lane without signalling; and Automatic High Beam (AHB), which helps maintain the best forward visibility when driving at night.
The system’s multi-faceted approach to active safety makes use of a millimetre-wave radar that works with a camera to help keep the RX in its intended driving lane, via the Lane Keeping Assist (LKA) feature. These elements also support the performance of the Adaptive Cruise Control (ACC).
Higher safety levels can be secured using optional features including an Adaptive High Beam System, Panoramic View Monitor and Blind Spot Monitor.
New RX F Sport
The F Sport version of the new RX is aimed at customers seeking more excitement and performance from their luxury SUV. It will be available with both powertrains and will benefit from a number of special visual and performance features that will set it apart from other versions in the range.
The spindle grille and lower centre section of the rear bumper have a F-motif mesh. There are also new alloy wheel designs, exclusive to the model, and in the cabin there is a dedicated instrument cluster and a sports steering wheel, wrapped in perforated leather and featuring paddle shifts. Exclusive colour options and trims are also part of the package.
The new RX F Sport’s on-road performance is enhanced by an active stabiliser system which keeps the vehicle remarkably flat through corners. The Adaptive Variable Suspension (details above) is fitted as standard, further helping to keep the Lexus planted on the road. The Drive Mode Select system adds a Sport S+ mode with AVS in addition to the Eco, Normal and Sports S settings.
New RX preliminary dimensions
Overall length (mm)4,890
Overall width (mm)1,895
Overall height1,690
Wheelbase2,790
Front track1,640
Rear track1,630


DATED: 02.04.15

FEED: HA

This page is powered by Blogger. Isn't yours?