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Baby Jag Gets A Name

LUXURY car maker Jaguar has released a teaser picture of its next new model, in advance of a full reveal later this year. Positioned below the firm's mid-size XF, the new XE is expected to do battle with the likes of BMW's 3 Series, Audi's A4 and Mercedes' C-Class. Industry experts are predicting a sub £30,000 entry price for the XE, which will be powered by a new range of Jaguar designed and built engines.

CDN-GM Interactive Design Contest 2013 – GMC Brief [w/Video]

Get your sketchbooks and markers ready, because that time is again upon us: the 2013 CDN-GM Interactive Design Contest. Launching this Friday, this year's contest once again challenges design students from across North America to take on one of four briefs from GMC, Buick, Chevrolet or Cadillac. You can enter designs in different briefs, but be aware there's only two months to develop proposals before the shortlist is announced.

Europe’s economic problems sees UK become biggest Ferrari market in Europe

The Ferrari F12 (pictured) helped Ferrari to strong profits in the first half of 2013 The economic crisis in the Eurozone has seen Ferrari’s sales in countries like Italy and Spain plummet, and Greece managed just one sale in 2012 (and even that came to the UK). But Ferrari have a plan to keep profitability by limiting supply and achieving stronger revenues for the sale they do make – with stuff like Ferrari’s bespoke Atelier and Tailor Made services and Classiche work adding more revenue – to keep them powering forward, and it seems to be working despite poor sales in many European countries. In fact, despite an increase of just 2.8 per cent in volume, Ferrari has managed to increase their profits in the first six months of 2013 by an impressive 20 per cent, with total sales of 3,767 and net profits of €1.22 million.