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Redesigned 2014 Lexus IS base price increases

Lexus has set the base price of the 2014 IS compact sport sedan at $36,845, including shipping, an increase of $885 from its predecessor, Lexus said. In contrast, the top-level IS 350 with all-wheel drive starts at $42,595, including shipping, which is 2.1 percent lower than the model it replaces, Lexus said in a statement this week. The pricing makes good on Lexus' guarantee to keep the base price attainable for consumers “by narrowing the gap between the 250 and 350,” a Lexus spokesman said.

Jaguar Land Rover & Chery in business

The joint venture between Jaguar Land Rover and Chery Automobile in China is now official and will see new production and R&D facilities in China. Jaguar Land Rover has now received official approval for its joint venture in China with Chery Automobile from China’s authorities – something we predicted as long ago as February 2011 - which will see both JLR and joint branded cars rolling off production lines in China. The JV will be known as Chery Jaguar Land Rover Automotive Company Ltd.

Jaguar C-X17 crossover revealed at Frankfurt Motor Show 2013 - it's Jag's first 4x4 SUV

Jaguar has revealed the C-X17 SUV concept on the eve of the 2013 Frankfurt Motor Show. It is the first ever 4x4 SUV from the British premium maker and, it says, has officially been created to showcase the flexibility of its new all-aluminium platform. Unofficially, this is a toe in the water from Jaguar, to test reaction to the idea of its first SUV.