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Nissan hires Magna Steyr to build new entry-level Infiniti car

Nissan said Thursday that Austrian contract manufacturer Magna Steyr will build a new premium compact car for the Infiniti brand, starting in 2014. Infiniti boss Andy Palmer said in a statement that the car will help the brand to reach new consumers and grow in key markets such as western Europe. Nissan did not give any more details about the car or say whether it will be sold in markets outside Europe such as the United States.

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.

VW Golf R Cabriolet Concept (2011) arrives at Worthersee

VW Group's slow reveal of one-off concept cars continues at the Worthersee Tour on the shore of Lake Worthersee in Austria. This time it's parent brand VW, who have released details on its Golf R Cabriolet concept. VW Golf R Cabriolet Concept: the top-down Rather than inject its supermini with 496bhp steroids or decapitate its rally car, volkswagen has decided to blend two of its most recent Golf variants, merging the Golf Cabriolet's roofless bodyshell with the Golf R's four-wheel-drive powertrain.