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New Jaguar XE OFFICIALLY launched – price from £27,000

The 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.

MINI One Convertible launched plus MINI range revisions

MINI has launched the MINI One Convertible It’s at least five minutes since MINI hurled yet another model at us, so with a New Year upon us they’ve obviously decided to see if they can outdo the new model every month they announced in 2009 with the launch of the MINI One Convertible and a bunch of changes across the range to kick off 2010. The MINI One Convertible is the new starting point for a soft-top MINI and gets the same oily bits as the MINI One – a 97bhp 1.6 litre with a top speed of 114mph and a 0-60mph of a leisurely 11.3 seconds. You can also opt for the new ‘Minimalism’ trim level – only available on the MINI One – in either 75bhp or 97bhp forms.

Bertone looking for buyers as bankruptcy nears

Italian design house Bertone has confirmed it entered bankruptcy proceedings in Italy, The Telegraph reports, amid recent reports that it laid off a significant percentage of its workforce. A spokesperson for the struggling company told The Telegraph that the company is searching for a buyer. "The problem is many debts and very high costs.