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Chrysler future products: Only one minivan, no Jeep Compass

In 2014, Chrysler Group will drop the Jeep Compass and replace the Chrysler Town & Country minivan with a crossover, Fiat-Chrysler CEO Sergio Marchionne has revealed. The changes are part of a long-term effort by Marchionne to give each Chrysler Group brand a more distinct identity and eliminate product overlaps. Brand identity is crucial for Chrysler because more than 90 percent of its dealerships now sell all four volume brands: Chrysler, Dodge, Jeep and Ram.

McLaren MP4-12C to cost £168,500

McLaren will charge £168,500 for the MP4-12C supercar in the UK. That's the new 2011 price, including the rise in VAT from 17.5% to 20% from 1 January. Today's news means that the MP4-12C will cost £1000 less than a Ferrari 458 Italia, its arch rival, at existing tax rates.

Jaguar C-X16 concept

Jaguar has released details of its C-X16 concept, due to be unveiled at the 2011 Frankfurt motor show. The C-X16, a sporty two-seater hybrid, is designed to indicate the future direction of Jaguar's design, engineering and technological intent. The car is the smallest Jaguar in terms of length since the XK-120 from 1954.