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Cadillac joins Lexus atop study of customer satisfaction

Cadillac joined Lexus as the brand with the most-pleased customers this year, as Detroit makes held three of the top five posts in an annual University of Michigan study of customer satisfaction. Cadillac rose from No. 2 last year to match Lexus with a score of 89 in the American Customer Satisfaction Index, released Tuesday.

Subaru XV gets another price cut – down by £2300 across the XV range

The Subaru XV (pictured) gets a price cut of £2,300 across the range Over a year ago, Subaru launched the new XV in the UK with a starting point of £21,995, Which was decent value for an able Crossover/SUV. But by May of 2013, Subaru had decided there was room to play with the XV’s price – or at least on the 1.6 litre petrol version – and they announced a £1300 price drop for the entry-level petrol XV. But now, just six weeks later, Subaru has decided that the weakening Yen has given them more room to manoeuvre on price and have announced they’re cutting prices across the whole XV range by £2300 (which actually means £1,000 off the new price for the 1.6 litre petrol).

Renault, Caterham form joint venture to build sports cars

Two lightweight two-seat sports cars, likely to be on sale in 2015 or 2016, will be the first output of a joint venture between French automaker Renault and U.K. sports car maker Caterham that was announced Monday. Renault will put its Alpine factory in Dieppe and its 300-person workforce into the 50:50 joint venture.