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Glass’s Guide Luxury Cars price crash

I think we all knew it was happening, but Glass’s guide, the trade bible for used car values, has confirmed that luxury cars in the UK have fallen out of bed in a big way. Comparing luxury diesel saloons with a year ago, they say that average values have dropped by a massive 21%. And in pure money terms the top end coupes, such as the Porsche 911, have fallen by 18%.

Ford Escort returns – for China: Shanghai Motor Show

The Ford Escort Concept has been built by Ford with the aim of taking a sizeable chunk of China’s compact saloon market – estimated at 5.5 million sales a year – and looks remarkably production viable and far from ‘budget’. Escort is a badge China knows – there are plenty of old Escorts floating around Chinese roads – so it’s a sensible move by Ford to revive a badge that already resonates as a compact, affordable saloon with Chinese car buyers. This new Escort gets a proper version of Ford’s latest design language – including the Aston Martin grill – and has good lines and strong detail including jeweled headlights with the lucky Chinese ’8′ discernible ; it looks entirely cohesive and nothing like a Focus with a boot grafted on.

More on Alfa Romeo's rear-drive strategy

The revised Alfa Romeo plan that Fiat CEO Sergio Marchionne is expected to announce next April focuses on a new, still unnamed rear-wheel- and all-wheel-drive architecture. A key aim of the new plan is to boost Alfa's global presence. "With our current segment coverage and our geographical footprint, we compete in about 5 percent of the global market," Alfa's European boss, Louis-Carl Vignon, said in an interview.