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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.

Ferrari 456: why Maranello is considering a V6 entry-level supercar

By Georg Kacher Motor Industry 25 August 2014 07:00 Ferrari is readying the next generation of supercars – and we’ve already reported how it’s about to start turbocharging the majority of its sports cars. But there’s another corner of Maranello’s R&D skunkworks which is developing V6 power for future sports cars. We do not have official confirmation yet, but intelligence indicates that the new twin-turbo V6 is a 2.9-litre unit, designed to be long-term street-legal and affordable in big growth markets such as China.

Local Motors announces winners of Terra Prix 2085 design competition

Local Motors has announced the 10 winners of its Terra Prix 2085 Concept Design competition. The competition brief asked entrants to design a two-person race vehicle that could navigate every terrain imaginable on every continent, as well as a support craft for any maintenance needed throughout the race. The support craft had to be able to carry tools, extra parts, any potential module changes for different terrain as well as enough 'fuel' for both vehicles to move between three major checkpoints.