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Jaguar slashes prices – in Australia

Jaguar has slashed prices across its range in Australia – by as much as £40,000 – as it fights for a bigger market share. But there’s also a feeling that all those years of protectionist import tariffs have inured Australians to the high price of luxury cars, and that car makers take advantage of that by keeping prices high, regardless of the level of taxes imposed on their products. That means something like a Rolls Royce Phantom costs £650k and a Porsche 911 starts at £150k.

Volkswagen wants Karmann

VW wants to buy Karmann Just like all the other specialist coachbuilders out there – Zagato, Pininfarina, etc – life has not been a bed of roses for a long time for Karmann. Once a great way for wealthy owners to ‘Customise’ their cars, the specialist coachbuilders have relied more and more on relationships with big car makers to survive. None more so than Karmann, whose hopes for survival rested on VW divvying up an order for electric cars.

Supercar owners hire runway to find top speed

“What’s the point of owning a supercar,” some might say. “You’ll never be able to reach its full performance potential on the road.” And while that’s true, there is an alternative to risking your driving licence if you buy a car like the new McLaren 650S or Lamborghini Huracan. Essentially, someone hires a private runway, and invites a load of supercar owners to drive as fast as they can before running out of tarmac.