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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.

Rolls-Royce Pinnacle Travel Phantom at the 2014 Beijing Motor Show

Rolls-Royce has unveiled this excess-all-areas Pinnacle Travel Phantom at the 2014 Beijing Motor Show. It's designed to showcase Rolls' personalisation programme, dubbed Bespoke Collection, and is inspired by the era of luxury steam train travel. If you've got the readies, Rolls-Royce will tailor your luxury car to your exact whim – and this is the result.

Maserati Levante SUV – 525bhp & Made in Italy

The Maserati Levante – the production version of the Kubang Concept SUV – is based on the new Jeep Grand Cherokee and it was planned to be built in the US alongside the Jeep, but demand for the new Grand Cherokee means Maserati will be building the Levante in Italy instead. Which will probably do its credentials no harm at all. Nor will its engine offerings, which will include the new 3.0 litre twin-turbo V6 from the Ghibli with around 400bhp, the new diesel engine from the Ghibli (and perhaps Fiat’s new V8 diesel when that arrives) and the thumping twin-turbo V8 from the Quattroporte with a round 525bhp.