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Redesigned Ford Mustang scores high mpg for V8

Completing the fuel-economy story for the redesigned 2011 Mustang, Ford said on Tuesday that the V8-powered pony car is rated at 26 mpg on the highway and 17 mpg in city driving. That compares with a 16 mpg/24 mpg city/highway rating for the 2010 Mustang. The highway rating was achieved with the six-speed manual transmission.

Bugatti unveils Veyron Grand Sport (2008)

By Ben Pulman First Official Pictures 17 August 2008 17:29 Bugatti has released more details of its targa-top Veyron Grand Sport following the cars debut at the Pebble Beach Concours d’Elegance. And with the roof off, the Grand Sport is the slowest Veyron ever, capable of just 225mph. But don't fret, because with the targa panel in place the Grand Sport will still do 254mph. The windscreen now sits a little higher and there are daytime running lights and new alloys.

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.