1960 Corvette Fender on 2040-parts.com

Subaru XV gets a price cut – down by £1300 on 1.6 litre versions

It wasn’t a bad starting point for an able mid-sized crossover – a high-riding Impreza, in all but name –  but it wasn’t the cheapest offering in the class. But now, with the Yen being a bit kinder to Japanese car makers, Subaru has decided to nudge the price a bit lower to start the XV range off below £20k for the first time. The price drop for the XV only applies to the 1.6 litre petrol versions, but you can now get the entry-level XV 1.6i S for a more affordable £19,995 rising to £23,415 for the XV 1.6i SE with the Lineartronic gearbox, reductions across the range of £1300.

Lexus LFA supercar is sold out, Toyota says

Toyota has sold all 500 copies of the Lexus LFA supercar that it plans to build. Toyota will build only 20 copies of the 552-hp two-seater per month for a two-year period beginning in December. Each car carries a $375,000 base sticker price.

General Motors says Magna's Opel bid has obstacles, RHJ's is easier to accept

General Motors Co. says a bid for Opel from Magna International faces hurdles while a rival offer from Belgian investor RHJ International would be easier to accept. Writing on GM Europe's Web site, John Smith, GM's chief negotiator for the Opel sale, says Magna's bid "contained elements around intellectual property and our Russian operations that simply could not be implemented." He adds: "GM has partners in other parts of the world who have joint ownership of these assets ...