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Honda and Acura to extend incentives on out-of-stock vehicles

Honda has told its U.S. dealers to honor discount offers on models that aren't in stock in a bid to keep customers from buying from rivals as the automaker copes with shortages caused by the March earthquake and tsunami in Japan. The new program is called the Honda Promise, according to news-service reports.

Toyota FT-86 and Subaru BRZ to launch next month

Toyota FT-86 (pictured) & Subaru BRZ to debut at Tokyo The road from concept to reality has been a long one for the Toyota FT-86 and Subaru BRZ. But the wait is almost over for the Toyota/Subaru joint development, with production-ready versions of the FT-86 and BRZ planned for the Tokyo Motor Show next month. The aim was to produce a sporty, fun coupe for under £20k, and although that still seems to be the general consensus we wouldn’t be surprised to see the FT-86 come in at around £25k and the more powerful BRZ getting close to £30k when they actually arrive in 2012.

Jaguar Land Rover sorts its finance

Tata has secured £175 million private funding for Jaguar Land Rover But it is now being reported that JLR has managed to secure £175 million in private funding, obviating the need to succumb to Government interference in its business. Which has got to be good news for the JLR workforce – at least for now. Jaguar and Land Rover are very much on the up.