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Acura's bargain birth introduced Japanese luxury to the U.S. 25 years ago

The idea seemed almost ludicrous to Tom Elliott back in 1982, but there it was, in black and white, on Honda Motor Co.'s strategic product plan. Elliott's bosses in Japan had decided to sell a car priced at more than $20,000 in the United States, taking the Japanese brand dramatically upscale. And Elliott, Honda's U.S.

UK Budget 2008 'leaves motorists £1.6bn worse off'

By Tim Pollard Motoring Issues 12 March 2008 12:08 UPDATED... The UK's 2008 Budget has introduced a major car tax shake-up that will leave Britain's motorists £1.6 billion worse off, according to the Opposition. Motorists driving the highest polluting cars face tax hikes of up to £950 in showroom levies from April 2010.

GM to pull Cadillac from some European markets

General Motors will halt Cadillac sales in more than half of the brand's European markets following the collapse of its regional distributor. The U.S. carmaker will focus on markets such as Russia, the United Kingdom and Switzerland where the luxury brand has been able to compete against Germany's BMW, Mercedes-Benz and Audi premium brands.