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Lexus sales up but Toyota's profits tumble

By Ben Whitworth Motor Industry 13 August 2008 13:25 With spiralling fuel prices, luxury off-roaders may be seen as the devil on wheels in the UK’s current cash-strapped economic climate – which would explain why last month saw a sharp drop in SUV sales at BMW, Audi and Mercedes. But not at Lexus. July 2008 sales of the company’s RX400h hybrid off-roader climbed 28 percent over the same period last year, rising from 223 to 285.

Jaguar XF Estate Confirmed – finally

Jaguar XF Estate Confirmed - finally We’ve been expecting Jaguar to expand the XF range by bringing to market the Jaguar XF Estate for at least the last two years. But so far they’ve resisted. Jaguar has confessed that it is their plan to expand the successful XF range by adding the new models we’ve long expected – the XF Estate, XF Coupe and XF Convertible – even if until quite recently Jaguar were privately claiming the lack of an all wheel drive platform for the XF mitigated against it.

Saab: Turkey’s Brightwell Holdings & China’s Youngman vie for Saab

Will Saab end up in Turkish or Chinese hands? Despite its bankruptcy, it seems China’s Youngman and Turkish equity form Brightwell Holdings ar planning on staging a bid. Saab may be bankrupt – and its car heritage from the Saab Museum up for sale – but that hasn’t stopped interest in Saab as a viable car maker from prospective suitors.