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Acura shifts focus to sensible Gen Y shoppers
Wed, 28 Mar 2012Honda is ready to begin the makeover of its Acura premium brand this spring, and the timing could hardly be better. In addition to the new ILX small sedan and redesigned RDX compact crossover coming in spring, a tease of the redesigned RL flagship due this fall will be shown at the New York auto show in April. Then, the volume leading TL sedan and MDX mid-sized crossover are slated for 2013 redesigns.
Ferrari 250 GTO sells for $35 million
Sat, 02 Jun 2012A Ferrari 250 GTO – once owned by Sir Stirling Moss – is reported to have sold for a record-breaking $35 million. The Ferrari 250 GTO is probably the most coveted car on the planet and is, therefore, one of the most expensive. Simple supply and demand dictates that when a product is reckoned to be the best there is and the supply is limited prices will rise.
Jaguar C-X75 supercar program halted
Tue, 11 Dec 2012Jaguar 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.