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Lexus to launch new IS at 2013 Detroit motor show

Lexus will launch the new IS saloon earlier than expected, showing the new BMW 3-series and Mercedes C-class rival off at the Detroit motor show in January 2013. It had previpusly been understood the new Lexus was slated for a Geneva show reveal in March 2013. What do we know about the 2013 Lexus IS range?

Peugeot RCZ R UK price from £31,995

The new Peugeot RCZ R (pictured) will cost £31,995 in the UK The Peugeot RCZ is an appealing little sports coupe from Peugeot which, with a different badge and greater performance, might garner more kudos than it does. There’s little Peugeot can do about the badge, but they have done something about the power on offer with the arrival of the RCZ R at the Goodwood Festival of Speed this summer. Now, the Peugeot RCZ is about to go on sale in the UK – order books open on 18th November – and it will cost a not unreasonable £31,995.

Britain leads bumper year for Ferrari

FERRARI may be struggling on the Formula One track, but its bank accounts are in fine shape after profits reached new record highs. After delivering 3,631 cars in the first six months of the year – 3.6% fewer than the me period in 2013, in line with the company's plans to reduce deliveries – revenues were up 14.5% to almost £1.35 billion. Profits rose 5.2% to £185 million, which should pay for a good send-off for the outgoing Ferrari Chairman Luca di Montezemolo after his 23 years of service.