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Volvo V60 Plug-in Hybrid (2013) will cost £50k

Volvo V60 Plug-in Hybrid will cost £50k The Volvo V60 Plug-in Hybrid will start production in 2012 with 1,000 cars, each likely to cost around £50,000. We really like the Volvo V60, and despite our general antipathy towards hybrid platforms – particularly in smaller cars – we also really like the idea of the Volvo V60 Plug-in Hybrid. With its 4WD – thanks to something Volvo call ERAD (Electric Rear Axle Drive) – and 2.4 litre diesel working with an electric motor producing 70 horses, the V60 plug-in can offer the best of both worlds – economy and performance – albeit at a price.

Jaguar XF CKD assembly starts in India

Jaguar Land Rover has started assembling the Jaguar XF at its plant in Pune, India, in a move to reduce XF retail prices in India. Lower taxes on cars assembled in India from CKD kits produced in the UK  (although not as low as they were), rather than importing complete cars from the UK, mean assembling the Jaguar XF in India will give the XF  - already Jaguar’s best-selling car in India – a more attractive headline price. That means the 3.0 litre Jaguar XF dropping in price from 5.8 million rupees (around £68k) to 5.1 million (around £60k) and the newly introduced 2.2 litre diesel XF will come to market at 4.5 million rupees (around £53k).

Lamborghini sets record with 10,000th Gallardo

Lamborghini has achieved a production record by producing its 10,000th Gallardo--a number the Italian automaker has never before accomplished with another model. Before being delivered to its owner, the 10,000th Gallardo will be displayed in Shanghai during Lamborghini Day on June 25. “Production of car number 10,000 is a very important milestone for Lamborghini,” said Stephan Winkelmann, president and CEO of Automobili Lamborghini.