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Ford bets customers will pay premium prices for the Fiesta

Ford Motor Co. will charge more than $23,000 for a fully loaded Fiesta, a new car smaller than the Focus. Ford thinks consumers are ready to pay premium prices for small cars, which long have been dominated by budget shoppers.

Jaguar Land Rover: Tata to double annual investment to £1.5 billion

Tata to double investment in JLR Tata Motors has revealed that it plans to double annual investment in Jaguar Land Rover (JLR) to £1.5 billion. Just last week we reported that Tata Motors’ profits in the last quarter had been driven very much by the resurgence at Jaguar Land Rover, with JLR profits soaring while Tata Motors domestic profits declined. And it looks like Tata are keen to keep that momentum going with the announcement that they are to double annual investment in Jaguar Land Rover to £1.5 billion.

Kia’s ‘Stunning Sports Car Concept’ gets a name – it’s the Kia GT4 Stinger

Kia’s ‘Stunning Sports Car Concept’ is the Kia GT4 Stinger Just before Christmas, Kia revealed the first teaser photo – a birds-eye view – of a new concept they’re taking to the Detroit Auto Show later this month, which they described as a stunning sports concept, but gave us absolutely nothing else. We did hope it may be something that points towards a proper performance Kia, although we half expected it to turn out to be a 3-pot city runaround. But actually, it looks quite promising.