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Ford cuts 2010 prices by up to 15%

Ford has cut prices of its big cars by up to 15% By Tim Pollard Motor Industry 26 March 2010 12:00 Ford today announced sweeping price cuts across its large car range – lopping up to 15% off the price of models such as the Mondeo, S-Max and Galaxy. The news comes after Ford raised price four times in the past year.The Blue Oval has drawn criticism in the past for artificially high list prices, which have penalised business buyers. In the UK, company car tax is calculated by the P11D price which is based on the list price, not the transaction price, and 70% of large Fords are bought by fleets.Private buyers have historically scored large discounts on big Fords, as did corporate buyers – making many question the need for higher list prices.

New Porsche Panamera GTS takes to the track (video)

New Porsche Panamera GTS takes to the track The new Porsche Panamera GTS is the latest Panamera variant to arrive – the ninth Panamera, no less – and is, as all Porsche GTS models are, a harder-edged take on the more mainstream variants. With its naturally aspirated 4.8 litre V8 producing 425bhp, and pushing those horses through a PDK ‘box to all four wheels, the Panamera can scoot to 62mph in a very respectable 4.5 seconds on its way to a top speed of 179mph. Not bad for a big saloon car that eschews forced induction and can carry proper-sized passengers in comfort.

Supermarkets cut fuel prices

LATE SUMMER driving will be less expensive following supermarket fuel price cuts. From tomorrow Asda, Sainsbury's and Tesco are all reducing the cost of their petrol and diesel by 2p a litre. In Asda's case, the reduction means its customers will pay no more than 126.7p a litre for petrol, with diesel being 129.7p a litre - its lowest price since January 2011.