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Jaguar XF 2.0 litre EcoBoost for China
Tue, 12 Jun 2012Jaguar are to fit the 2.0 litre EcoBoost engine to the XF for the Chinese market as a more affordable entry point for the XF range. Even though Jaguar Land Rover are yet to get official Chinese Government approval for their Joint Venture with Chery, China is already a big market for them and, just like other luxury car makers, they are willing to produce cars just for the China market. According to reports from China, the Jaguar XF is about to get the 2.0 litre EcoBoost engine from the Range Rover Evoque to create a new entry-level Jaguar XF at a more appealing price point.
GM posts quarterly net income of $1.96 billion
Wed, 10 Nov 2010General Motors Co., in its final financial snapshot before next week's initial public offering of stock, posted third quarter net income of $1.96 billion on revenues of $34.06 billion. The results, released Wednesday, were in line with a forecast issued last week. GM now has earned $4.16 billion on revenues of $98.71 billion through three straight profitable quarters this year--a dramatic swing after five consecutive annual losses.
BMW to build plug-in hybrid sports coupe
Fri, 05 Nov 2010BMW has thrown its hat into the eco-supercar ring by confirming plans to place the Vision EfficientDynamics concept into production. The futuristically styled plug-in hybrid was first revealed at the Frankfurt motor show in 2009. It is set to undergo an accelerated development program that aims to place the low-slung four-seater on sale in all of BMW's key world markets, including North America, by October 2013.