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Jaguar confirms small saloon – and gets the thumbs up from Number 10

Jaguar will launch a small saloon beneath the XF in 2015, the company confirmed on the eve of the Frankfurt motor show. The baby Jag (seen testing as a disguised evaluation mule in our spy shots gallery) will be constructed from aluminium and built in the West  Midlands, creating around 1700 jobs. The news prompted a call to Jaguar from the office of Prime Minister David Cameron, offering Number 10's congratulations and support with the company's product expansion.

Chevrolet Silverado 1500/GMC Sierra [w/Gallery]

The all-new Chevrolet Sliverado and GMC Sierra 1500 pickups will be looking to steal sales from the dominant Ford F-Series in the US full-size truck market in the 2014 model year. The Silverado is the flagship of Chevrolet's three-truck portfolio, sitting above the Silverado 3500 and 2500 HD. The GMC Sierra features the same basic package as its bow-tied sibling but with unique features to offer a more premium proposition.

RM Monaco sale tallies $43,410,615

RM Auctions sold 87 percent of the lots it offered at its Monaco sale held last weekend at the Grimaldi Forum. The result was $43,410,615 in total sales, with six lots bringing more than $2 million and 10 lots bringing more than $1 million. A 1957 Ferrari 625 TRC Spider drew the biggest bid, selling for $6,469,848.