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Ford increases UK Car Prices

Ford is to increase UK Car prices by an average of 3.75% as a result of the weak pound You can’t blame Ford – it has to make a living, and things are tough enough for car makers at the moment without suffering at the hands of unstable currencies. Ford reckons that the movement in the Pound against the Euro in the last yaer or so has cost it nine figures on its UK income. Big money, no question.

Lotus revamps 2007 MG TF

By Phil McNamara Motor Industry 24 July 2006 06:11 The MG TF will be reborn at Longbridge in 2007 - and the roadster has been overhauled by the ride and handling experts at Lotus. Nanjing Automotive Corporation, the Chinese company that bought the assets of the bankrupt MG Rover in 2005, has lifted the lid on its plans. Assembly of up to 15,000 TFs annually will begin in the first half of next year, at the mothballed West Midlands plant.

Toyota Prius slashes price to match Honda Insight

Toyota Motor Corp. is going for the jugular with its redesigned Prius, setting a 2.05 million yen starting price ($20,750) in Japan that is on par with the newly released Honda Insight. Toyota notified Japanese dealers of the cutthroat pricing policy for its redesigned 1.8-liter gasoline-electric hybrid on March 25, dealers in Japan say.