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Lexus IS F ends production to make way for the new Lexus RC F

The Lexus IS F is no more The Lexus IS F was the car Lexus hoped would take the fight to cars like the BMW M3. But in the 7 years the IS F has been on sale it’s only managed to shift around 11,000 units, partly because it just didn’t have the dynamics or power of the M3, but also because few yet consider Lexus a ‘Performance’ brand. So the Lexus IS F has now ended production after a less than stellar sales showing, and Lexus are instead pinning their hopes for a credible M3 beater in the new RC F.

Tesla Model X Crossover SUV unveiled

The Tesla Model X has been unveiled The Tesla Model X – the Model S SUV Crossover – was revealed last night in California, with 4WD and the same powertrain as the Model S. Arrives late 2013. The Tesla Model X is the next installment in Tesla’s plan to change the car industry in to a Silicon Valley fantasy and, just as scheduled, Elon Musk unveiled the Tesla Model X at Tesla’s design studio in California last night.

Investindustrial take 37.5 per cent stake in Aston Martin

InvestIndustrial – former owners of Ducati – have taken a 37.5 per cent stake in Aston Martin for £150 million. We’ve been proclaiming for more than a year that Aston Martin needs new investment, and AML finally confirmed as much a few weeks ago. And just yesterday we revealed a deal for Aston Martin was now a one horse race.