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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).

Ferrari 458 Italia Revealed

The first pictures of the new Ferrari 458 Italia These are the first pictures of Ferrari’s 458 Italia, released this morning ahead of the official reveal at the Frankfurt Motor Show in September. Clearly showing influences from the Enzo and the Mille Chille Concept car, the F430 replacement will undoubtedly go upmarket in terms of price to differentiate it from Ferrari’s entry-level car, the Ferrari California. Featuring a new, 4.5 litre V8 (hence the name – 458) , Ferrari claim the new engine has the highest specific output of any normally aspirated road-car engine, which is a hard claim to dispute as it produces 127bhp per litre.  It produces 562bhp at 9000 rpm, making it the highest revving Ferrari engine to date.

Automakers rack up solid gains to finish 2010

Fueled by holiday and year-end discounts, as well as the introduction of new models, automakers finished 2010 on a high note by posting the year's best monthly sales in December. U.S. light vehicle demand climbed 11 percent last month to 1.1 million units--the best month of the year on a unit basis.