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Automakers rack up solid gains to finish 2010

Fueled by holiday and year-end discounts, as well as the introduction of new models, automakers finished 2010 on a high note by posting the year's best monthly sales in December. U.S. light vehicle demand climbed 11 percent last month to 1.1 million units--the best month of the year on a unit basis.

Porsche Macan 2.0 litre 4-cylinder coming to the UK – but not Europe

The Porsche Macan 2.0 litre Turbo will be available in the UK Porsche quietly revealed their first car with a 4-cylinder engine in almost a generation at the Beijing Motor Show last month with the arrival of the Porsche Macan 2.0 litre turbo, produced to mop up sale in China. China’s tax system mitigates against thirstier, bigger-engined cars, so a 2.0 litre turbo attracts tax at less than half the rate of the 3.0 litre V6 in the Macan S, so it will be the big volume model for China. But the demand from China for the 2.0 litre Macan means Porsche won’t have the capacity to build it for other left hand drive markets, so Europe won’t be getting the little-engined Macan.

Jaguar puts C-X75 supercar on ice

Jaguar has reversed its plan to sell the C-X75 hybrid supercar, fearing the project could be a commercial failure unable to recoup its investment. ‘After a thorough reassessment of the market conditions, the company’s view is that the global economic landscape does not currently support the introduction of a supercar such as C-X75,’ said Adrian Hallmark, Jaguar global brand director. Together with project partner Williams F1, Jaguar has built five prototypes of the plug-in hybrid.