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Ford cuts 2010 prices by up to 15%

Ford has cut prices of its big cars by up to 15% By Tim Pollard Motor Industry 26 March 2010 12:00 Ford today announced sweeping price cuts across its large car range – lopping up to 15% off the price of models such as the Mondeo, S-Max and Galaxy. The news comes after Ford raised price four times in the past year.The Blue Oval has drawn criticism in the past for artificially high list prices, which have penalised business buyers. In the UK, company car tax is calculated by the P11D price which is based on the list price, not the transaction price, and 70% of large Fords are bought by fleets.Private buyers have historically scored large discounts on big Fords, as did corporate buyers – making many question the need for higher list prices.

NHTSA investigates fuel-tank problem with 2004 Chevrolet Corvettes

The National Highway Traffic Safety Administration has opened an investigation into a potentially leaky fuel-tank problem with the 2004 Chevrolet Corvette. The investigation was launched on May 12 and covers an estimated 33,000 Corvettes. There have been 30 reports from consumers alleging either leaking liquid or fuel vapor coming from a tank, NHTSA said.

Volvo V60 Plug-in Hybrid – now with Volvo’s R-Design spec. Price from £51,675

The Volvo V60 Plug-in Hybrid now get the R-Design option The Volvo V60 Plug-in Hybrid is already selling at such a rate that Volvo can’t keep up with demand, and now they’re making it even more difficult for themselves by launching an R-Design version. Volvo’s R-Design models add a range of tweaks to the regular range that add more visual purpose, but do so subtly and without too much fanfare. The R-Design version of the V60 Plug-in Hybrid is no different, with R-Design bumpers and grill, rear diffuser and 18″ Ixion alloys on the exterior and sports seats, sports pedals, sports floor mats and charcoal headlining on the interior giving the car a more focused appeal.