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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.

BMW on course to hit more than 2 million sales in 2014

BMW is on track to sell more than 2 million vehicles in 2014 By Tim Pollard Motor Industry 15 July 2014 07:11 The BMW group has said it is on track to pass more than 2 million vehicle sales in 2014. The milestone is proof that the company's diversification with its growing BMW brand, and expanding Mini and Rolls-Royce sub-brands, is working. Global sales and marketing chief Ian Robertson gave a sales update during a trip to Incheon in Korea this week.

Mitsubishi Concept PX-MiEV (2009) unveiled

By Ben Pulman First Official Pictures 01 October 2009 15:20 This is the Mitsubishi Concept PX-MiEV, the Japanese car company’s star attraction at this month’s 2009 Tokyo motor show. The concept tag is obvious, but the PX part designates the show car as a plug-in hybrid crossover, and MiEV stands for Mitsubishi innovative Electric Vehicle. Externally the PX-MiEV drops heavy hints towards the styling of the next Outlander, but Mitsubishi has pared back the design and purposely avoided adding the 'rugged'’ elements so common to SUVs.