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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.

New Mercedes A Class: Production increased to meet demand

With over 70,000 orders already in the pipeline for the new Mercedes A Class, Mercedes are increasing production to meet demand. The increase in production at Mercedes plant in Rastatt, Germany, means adding a third shift to effectively increase production by almost 50 per cent and make a dent in the 70k plus orders Mercedes already has for the new A Class. That’s in stark contrast to the recent news that Mercedes is having to slash production of the S Class as sales falter, partly due to a new S Class in the pipeline for 2013 but also because buyers are falling in love with more compact offerings.

Porsche boss Mueller: A launch every year, 200,000 sales by 2018

By 2018, Porsche CEO Matthias Mueller, 57, aims to boost annual global sales to more than 200,000 units, up from 97,000 in 2010. To do so, he will introduce at least one new Porsche every year. Mueller, a former executive at Volkswagen AG, replaced Michael Macht as Porsche AG CEO in October.