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New Lexus RX 450h Facelift costs from £44,495

The Lexus RX 450h F Sport joins the 2012 range The 2012 facelift for the hybrid SUV Lexus RX 450h will cost from £44,495, with the new RX 450h F Sport costing £51,995. The Geneva Motor Show in March was the debut for the facelift of the 2012 Lexus SUV offering – the RX 450h – with a new, sharper, sportier option added to the range in the guise of the RX 450h F Sport. Actually, to call the changes to the 2012 RX 450h is probably to exaggerate; they’re more a bit of botox than actual surgery.

VW exec Jacoby reportedly heading to Volvo

Volkswagen of America said it is in talks with CEO Stefan Jacoby, who reportedly has been tapped to run Volvo Car Corp. In the meantime, VW has temporarily named two executives to take over Jacoby's duties, the German automaker said in a statement Thursday. "We are holding contract talks with Stefan Jacoby," the statement said.

Ford reportedly to shut down Mercury

The Mercury brand, rumored to be on the verge of death several times over the past decade, would be shut down under a plan being prepared for Ford Motor Co.'s board of directors, Bloomberg News reported on Thursday. Citing two executives who have knowledge of the plan but asked not to be identified, the news service said the plan would be submitted to Ford's board in July. How quickly Mercury would be shut down depends how quickly the automaker can convince Lincoln Mercury dealers to close or merge with a Ford-brand dealership, the report said.