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Ford cuts 2010 prices by up to 15%

Ford has cut prices of its big cars by up to 15% By Tim Pollard Motor Industry 26 March 2010 12:00 Ford today announced sweeping price cuts across its large car range – lopping up to 15% off the price of models such as the Mondeo, S-Max and Galaxy. The news comes after Ford raised price four times in the past year.The Blue Oval has drawn criticism in the past for artificially high list prices, which have penalised business buyers. In the UK, company car tax is calculated by the P11D price which is based on the list price, not the transaction price, and 70% of large Fords are bought by fleets.Private buyers have historically scored large discounts on big Fords, as did corporate buyers – making many question the need for higher list prices.

Lexus IS (2013) more details of new 3-series rival

Lexus has pulled the cloth back on the all-new Lexus IS at the 2013 Detroit motor show, and announced more details of its new hybrid 3-series rival. This will be the first hybrid Lexus IS, and UK sales will start in summer 2013.  What do we know about the new hybrid Lexus IS?  The IS300h combines an electric motor with a 2.5-litre four-cylinder petrol engine. The torque output is yet to be confirmed, but there's 217bhp and Lexus is aiming for a sub-100g/km CO2 output and fuel consumption of at least 65mpg. Figures like that are likely to grab the attention of fleet managers, as Lexus hopes to close the gap on rivals like the BMW 3-series, Mercedes C-class and Audi A4.  There's a non-hybrid model too, but this IS250 will be powered by a 204bhp 2.5-litre V6 petrol engine. It won't be a fleet favourite.  The IS250h has a six-speed automatic transmission, the IS300h has a CVT gearbox, and both cars are rear-wheel drive.

Vauxhall to launch sub-£7k city car

Vauxhall is believed to be working on a budget city car to rival the Toyota Aygo, Peugeot 108 and Citroen C1 trio unveiled earlier this month at Geneva. According to Auto Express, the new small hatchback will be based on the Chevrolet Spark platform and will start at less than £7,000 – undercutting the firm’s current Adam model by over £4,000. On Bing: see pictures of Vauxhall city cars Find out how much a used Vauxhall costs on Auto Trader If you’re expecting a bland box on wheels like the Agila, don’t fear – as Vauxhall has reportedly said the new car will “have its own distinct personality”.