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Jaguar XF 2.2D 163 PS goes on sale

Jaguar XF 2.2D 163 PS - less powerful XF launched Jaguar has announced a lower powered version of the new XF 2.2 Diesel with 163PS which goes on sale immediately from £29,950. Jaguar finally came clean on its entry-level XF – the Jaguar XF 2.2 diesel – back in March last year, after speculation and denials about a cheaper XF almost since the XF first arrived. But having bitten the bullet on an entry-level XF, Jaguar has now done it in spades by revealing an entry-entry-level XF – the Jaguar XF 2.2D 163PS.

Ford agrees to sell Aston Martin

Ford Motor Company announced this week it has entered into a definitive agreement to sell Aston Martin, its prestigious UK sports car business. The new owner of Aston Martin is a consortium comprised of: David Richards, founder and chairman of Prodrive, a world-leading motorsport and automotive technology company; John Sinders, an avid Aston Martin collector and a backer of Aston Martin Racing; and Investment Dar and Adeem Investment Co, international investment companies headquartered in Kuwait. The sale is expected to close during the second quarter and the transaction values Aston Martin at GBP 479 million ($925 million). As part of the transaction, Ford will retain a GBP 40 million ($77 million) investment in Aston Martin.

Noble plans to bring the Fenix supercar to the United States with Chevrolet power

A new 200-mph, Chevrolet-powered supercar from Briton Lee Noble is headed to the United States, possibly in 2011 or 2012. Powered by either a 638-hp supercharged LS9 V8 or a 480-hp LS3 V8, Noble's new Fenix supercar will aim for Ferrari 458 Italia performance at about half the price, a performance-price offer that served Nobel well at his previous company, Noble Automotive. "The Chevy engines have partly been chosen because they have global homologation and sales in the U.S.