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Ford cuts 2010 prices by up to 15%

Ford has cut prices of its big cars by up to 15% By Tim Pollard Motor Industry 26 March 2010 12:00 Ford today announced sweeping price cuts across its large car range – lopping up to 15% off the price of models such as the Mondeo, S-Max and Galaxy. The news comes after Ford raised price four times in the past year.The Blue Oval has drawn criticism in the past for artificially high list prices, which have penalised business buyers. In the UK, company car tax is calculated by the P11D price which is based on the list price, not the transaction price, and 70% of large Fords are bought by fleets.Private buyers have historically scored large discounts on big Fords, as did corporate buyers – making many question the need for higher list prices.

Cadillac CTS Coupe launch to be delayed until summer 2010

One of Cadillac's most anticipated models is being delayed one year. The 2010 CTS coupe had been scheduled to go into production this summer. Instead, the car will go into production during the summer of 2010.

Lamborghini Gallardo Spyder: RWD LP550-2 here in 2012

Sant'Agata plans a two-wheel drive version of the Lamborghini Gallardo Spyder – reflecting 2009's limited-series rear-wheel drive Balboni edition of the Gallardo coupe. Sales of the new rear-drive LP550-2 Spyder will start in early 2012, Lambo has confirmed to CAR. It will look the same as any other Gallardo convertible; the only changes will be to the hardware under the skin.