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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.

Infiniti prices the 2012 QX and EX

Infiniti is sticking with 2011-model-year prices for the 2012 QX luxury SUV, hoping to maintain a positive sales response since last year's redesign. Meanwhile, the 2012 Infiniti EX crossover models will have higher stickers across the board, with sporty rear-wheel-drive models starting at about $1,000 more for 2012. The base rear-wheel-drive, V8-powered Infiniti QX56 with seven-speed automatic transmission starts at $59,690, including destination.

Lexus confirms plans for baby IS

By Ben Pulman Motor Industry 22 October 2008 14:15 Lexus has officially confirmed it will build a BMW 1-series rival. Speaking to the German media, European company MD Tadashi Arashima told reporters: 'We will offer a Lexus in the compact class'. He explained that Lexus needed 'smaller and more efficient vehicles' in the face of European CO2 regulations.