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U.S. auto sales climb 14 percent in January

UPDATED: U.S. auto sales, led Toyota Motor Corp. and the Detroit 3, rose 14 percent in January, giving the industry a bigger lift to begin 2013 than analysts expected.

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.

2013 Aston Martin DB9 doubles down with vaunted V12

The 2013 Aston Martin DB9 is getting a power boost thanks to parts and pieces from under the hood of the upcoming Vanquish. The updated DB9 borrows some of the engine architecture and hardware from the Vanquish, enabling output from the 5.9-liter V12 to reach 510 hp and 457 lb-ft of torque. Those are considerable increases compared with today's car, which is rated at 470 hp and 443 lb-ft of torque.