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MG Icon SUV Concept revealed ahead of Beijing debut

MG Icon SUV heading for Beijing The MG Icon – a compact SUV Crossover – has been revealed ahead of a debut at the Beijing Motor Show. Men with beards and pipes will be dismayed at the news that there is going to be an MG SUV, but there is and it’s the MG Icon – which might be setting the bar a but high. Looking like a cross between and MGB GT and a Juke, the MG Icon is expected to share a platform with the MG5 and MG6 and be powered by the 1.5 litre four-pot SAIC used in the Chinese versions of the MG and Roewe.

LaFerrari commanding £1 MILLION premium – and the McLaren P1 and Porsche 918 Spyder attracting premiums too

LaFerrari commanding £1 MILLION premium Being at the top of the new owners list for a very desirable, and scarce, car can yield big benefits, and none more so recently than for Ferrari’s hypercar – the LaFerrari. Oracle Finance has been busy looking at the premiums being charged for desirable cars (and, presumably, willing to finance to premium too) and have discovered that those not on Ferrari’s VIP list – and therefore not invited to buy a LaFerrari from Maranello – are willing to pay a premium of £1 million to get their hands on Ferrari’s replacement for the Enzo. But it’s not just LaFerrari that’s commanding hefty premiums.

Bentley sales returned to pre-recession levels in 2011

The new Continental GTC helped Bentley sales hit highs in 2011 Bentley has seen sales in 2011 return to the levels of 2007, with sales up by 37 percent over 2010. China is now Bentley’s second biggest market. It doesn’t seem five minutes since Bentley were getting their highly skilled workforce to make furniture to keep them busy, so slow were sales as the recession started to bite.