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Geneva Global Motor Show 2014 - A Roundup

Geneva Global Motor Show 2014 - A Roundup

Posted On 27 Mar, 2014

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The annual Geneva Motor Show is always a vibrant, exciting event, showcasing new models and designs and pinpointing future trends that will drift down and affect the used car market.

Switzerland’s auto industry is relatively limited too, which makes the show an ideal opportunity for global manufacturers to demonstrate their ideas on a level playing field. What’s been on show this year?

The BBC described BMW’s stand at the show as ‘huge’, featuring, ‘Shiny new products, powered by leaps in technology.’ It noted the, ‘Unveiling of the first front-wheel BMW, the new BMW 4 series Gran Coupe, a new Mini and the Rolls-Royce Ghost series II.’

Perhaps as importantly, the show took place to a backdrop of improved sales. ‘Car sales in the European Union have risen for five consecutive months.’ said the BBC. ‘Europe’s five biggest markets have all posted sales-gains recently, as have the crisis-hit economies of Greece, Portugal, Spain and Ireland. Even Italy has improved, registering in December and January its first back-to-back monthly rises in four years.’

This is vital news; it indicates that prices and markets across the EU for new cars are on the mend. That has important implications for the used sector: as new demand grows, prices rise, so markets become more competitive and the price advantages of buying used are likely to increase.

And whilst the Lamborghinis and Maseratis on show in Geneva won’t ever make up the bulk of used markets, there were plenty of cars there that will settle into the used pool.

These include the 2014 Audi TT, or the Audi S1 hatchback. There were also a host of Jeep’s and larger vehicles on display at the show. The Ford Focus has also had an upgrade, with a new version available, in addition to the Honda Civic and the Peugeot 108.

All of these vehicles represent the middle, value hatchback part of the sector, and you can guarantee they will start to appear in used car markets soon.

‘Ford’s huge effort to grow its European product portfolio continues apace. Star of its stand is the facelifted Focus. It takes its styling direction from the latest Fiesta, with a big front grille dominating the nose. An upgraded interior and new engine options are also be included.’ said Autoexpress.

‘The 308 SW has a 610-litre boot capacity – bigger than the Golf and SEAT Leon estates – and the most efficient model emits only 85g/km of CO2. Peugeot has also cut 140kg from the weight of the outgoing model thanks to the new EMP2 platform – helping further boost economy.

‘Peugeot also showed its all-new city car that will replace the 107. The 108 is the sister car to the Citroen C1 and Toyota Aygo which were also shown at Geneva.’ Autoexpress revealed.

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