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New Jaguar XE OFFICIALLY launched – price from £27,000
Tue, 09 Sep 2014The new Jaguar XE arrives After months of teasing, years of planning and huge sums of money spent, it’s here – the new Jaguar XE. Looking like a slightly smaller version of the XF, with an upright nose, longish bonnet, coupe-like profile and stubby tail, the XE is clearly a Jaguar – and a fairly conservative one at that – which is probably sensible when entering such a competitive sector as the ‘Premium’ compact saloon market. But the new XE isn’t just a punt for a few sales in a new sector for Jaguar, but a car that could take Jaguar from an interesting maker of relatively low volume cars to a global ‘Premium’ car maker; nose to nose in a very competitive sector with, principally, Audi and the A4, BMW and the 3 Series and Mercedes and the C-Class.
Florida man claims ownership of long-lost Cunningham Corvette
Mon, 27 Aug 2012A Florida man says the long-lost 1960 Chevrolet Corvette race car that made a brief public appearance in Carlisle, Pa., last week was owned and raced by his father in the 1970s, and claims the car belongs to him. The challenged ownership of the maroon-colored car--one of three raced in the 1960 24 Hours of Le Mans by Briggs Cunningham and valued by some collectors at more than $1 million--could be the reason organizers of the Corvettes at Carlisle show canceled a planned public display on Aug. 24 less than 30 minutes before the scheduled start time.
General Motors spending $131 million to upgrade Corvette plant
Wed, 04 May 2011General Motors is spending $131 million on its Bowling Green, Ky., assembly plant to prepare it to build the next-generation Corvette. The plant will spend the money on manufacturing equipment, specialized tooling and plant updates, said Mark Reuss, GM's president of North America. The plant will add about 250 jobs, which will boost its workforce by about 50 percent, to about 750 workers.