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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).

Forecasters see slow auto-sales recovery through 2011

U.S. auto sales in 2010 and 2011 will continue to crawl -- not walk or run -- out of last year's recession, according to forecasters at the Auto Industry Hot Topics Conference here. “It's going to be a long crawl out of this, but we're crawling in the right direction,” said David Wyss, chief economist for Standard & Poor's, which co-sponsored the conference along with J.D.

GM to test offering insurance for 1 year to buyers in Northwest

General Motors--testing a new sales promotion--is offering Oregonians and Washingtonians a new incentive to buy or lease a GM vehicle. Any driver from the two states who buys or leases a new vehicle through Sept. 6 and titles the vehicle in either state will receive a free one-year automobile insurance policy from MetLife Auto & Home.