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Audi details new hybrid flagship; U.S. intentions not confirmed

Audi's flagship A8 sedan has always brought power and luxury to the lineup, along with a good bit of consumption. Now the company aims to lessen that blow with the A8 hybrid that will debut in 2012. Only confirmed for the European market, the hybrid A8 will use a 2.0-liter turbocharged engine combined with a disc-shaped electric motor that develops 54 hp and 155 lb-ft of torque.

Mitsubishi to preview next generation SUVs in Tokyo

Mitsubishi will showcase three new concept cars at next month’s Tokyo Motor Show, all of which are said to preview the next generation of Mitsubishi SUVs. They’re called the Mitsubishi Concept GC-PHEV, the Mitsubishi Concept XR-PHEV and the Mitsubishi Concept AR. On Bing: see pictures of Mitsubishi concept cars Find out how much a used Mitsubishi costs on Auto Trader The Concept GC-PHEV – or Grand Cruiser – is a full size SUV that will provide several clues to the future direction of the venerable Mitsubishi Shogun.

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.