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Lincoln holds steady on the base price of the MKT for 2012 model

Lincoln on Thursday said the base price of the 2012 MKT crossover will be unchanged from the 2011 model--$45,175, including the $875 shipping charge. The base MKT is powered by a 3.7-liter V6 and is front-wheel drive. The major change for the 2012 MKT is that all-wheel-drive versions will be powered by the 3.5-liter EcoBoost V6.

Jaguar C-X75 supercar program halted

Jaguar has dropped plans to put the C-X75 hybrid-powered supercar into production, according to a report Tuesday by Autocar magazine in the UK. The reason is struggling economies around the world, the magazine said, citing Jaguar brand director Adrian Hallmark. Jaguar planned to launch the C-X75 next year and had partnered with the Williams Formula One team to help develop it.

Mitsubishi to preview next generation SUVs in Tokyo

Mitsubishi will showcase three new concept cars at next month’s Tokyo Motor Show, all of which are said to preview the next generation of Mitsubishi SUVs. They’re called the Mitsubishi Concept GC-PHEV, the Mitsubishi Concept XR-PHEV and the Mitsubishi Concept AR. On Bing: see pictures of Mitsubishi concept cars Find out how much a used Mitsubishi costs on Auto Trader The Concept GC-PHEV – or Grand Cruiser – is a full size SUV that will provide several clues to the future direction of the venerable Mitsubishi Shogun.