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UK Government cuts car aid, EV grants at risk

By Tim Pollard Motor Industry 30 June 2010 15:48 Britain's business secretary Vince Cable today fired a warning shot across the bows of the car industry, saying that subsidies would end and warning that the pledged £5000 subsidy off the first electric cars was in peril.'Our starting point is very clear,' he told delegates at an automotive summit arranged by the Society of Motor Manufacturers and Traders. 'We've moved on from the era of subsidies. We just have to be realistic about what's affordable.'Cable said the new coalition Conservative-Liberal Government had not yet decided whether or how to implement the new low-carbon vehicle subsidies promised under Labour, which had set aside £250m in initial funding.'It is still actively under consideration,' said Cable.

Jaguar teases arrival of new XJ sedan

With the launch date of the redesigned XJ sedan drawing closer, Jaguar is starting to prime the pump by releasing an overhead view of the new car. The teaser shot gives us a look at the car's glass panoramic roof. The new XJ, which we expect to get a clear look at late this summer, uses a reengineered version of the current XJ's aluminum chassis.

Lincoln holds steady on the base price of the MKT for 2012 model

Lincoln on Thursday said the base price of the 2012 MKT crossover will be unchanged from the 2011 model--$45,175, including the $875 shipping charge. The base MKT is powered by a 3.7-liter V6 and is front-wheel drive. The major change for the 2012 MKT is that all-wheel-drive versions will be powered by the 3.5-liter EcoBoost V6.