Jaguar XFR – the Cat’s out of the bag

The XFR is Jaguar’s answer to the barn-storming saloons from Mercedes, BMW and Audi, and if looks and spec (and the experience of driving the non-blown XF) are anything to go by, the new big Cat should get the cream. The XFR gets the new version of Jaguar’s AJV8 engine, which is a 5.0 litre supercharged lump, producing a whopping 510bhp, with the usual limited top speed of 155mph, and a 0-60 of around 4.5 seconds. The New Jaguar XFR surfaces ahead of Detroit Visually, the XFR gets the ‘Aggressive’ look, with big, chrome-trimmed air inlets at the sides (a Jaguar theme?

Fiat takes majority control of Chrysler

Fiat S.p.A. will pay $500 million for the U.S. government's 6 percent stake in Chrysler Group.

Toyota cuts 2014 Prius Plug-in hybrid prices

For the 2014 model year the Toyota Prius Plug-in hybrid will get a price cut, with the base Prius Plug-in model starting at $29,990, not including destination. The $2,010 drop in price comes without any changes to the vehicle, and Toyota was keen to point out that "This price repositioning on the base Prius Plug-in Hybrid is not accompanied by any reduction in vehicle content.” This drop in price can be viewed as part of Toyota's effort to keep sales volume of its popular plug-in hybrid model on target -- about the only place where the 2014 model Prius will look different will be the Japanese domestic market, where the Prius will get two-tone paint options, new wheels, and LED lighting. Likewise, the Prius Plug-in Advanced will also get a price cut for the 2014 model year, and will start at $34,905, not including destination.