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General Motors and Ford load up on small cars for bigger profits

Ford has no qualms about charging nearly $23,000 for a fully loaded 2011 Fiesta, which is smaller than the Focus. The Fiesta sedan, which goes on sale this summer, starts at $13,995, including shipping. The Fiesta, with a 1.6-liter four-cylinder engine and a six-speed transmission, gets 40 mpg on the highway.

Porsche Macan means 1,000 extra jobs at Porsche

The Porsche take on the Audi Q5 – the new Porsche Macan – looks set to be Porsche’s biggest selling model ever and means 1,000 new jobs at Porsche. The ‘baby’ Cayenne – the Porsche Macan – is Porsche’s take on the Audi Q5 and a model that looks set to take Porsche’s sales to levels undreamed of a decade ago (pre-Cayenne). But although the Macan is based on the Q5 – just as the Cayenne shares its underpinnings with the Q7 and Touareg – Porsche say it will still be a red-blooded Porsche – the ‘Sports’ car in its sector – when it goes on sale later in 2013, so we don’t expect to see a lethargic eco diesel under the bonnet, although a fettled 2.0 litre TDI is highly likely.

Pebble Beach Debut For New Range Rover Sport SVR

LAND Rover is taking the performance SUV fight to Porsche as the Brit luxury car maker has unveiled a 550 horsepower version of its popular Range Rover Sport. The car, which is being launched at the prestigious Pebble Beach concourse event, is the fastest, most powerful Land Rover ever produced and the first to wear the SVR designation being adopted by future Land Rover and Jaguar high-performance models. The Range Rover Sport SVR accelerates from 0-60mph in 4.5 seconds and boasts a top speed electronically limited to 162mph plus a Nurburgring Nordschleife lap time of 8 minutes 14 seconds – one of the fastest times ever recorded by a production SUV.