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Around this time we get a flood of Car of the Year for every automotive website, magazine and publication. Some have chosen obvious cars as winners, some go for the more interesting cars. This year, Auto Express UK has chose the new Ford Mondeo to be their Car of the Year. Britain's higest selling weekly motor magazine chose the Mondeo as the best family car and the best estate car aswell. Editor in chief, David Johns hailed the Ford as "The new Mondeo is Ford's finest ever car,". He also stated the not just the saloon, but the hatchback and estate models also deserved the award being "been designed and engineered to the highest standards". This will surely boost the very popular Ford top seller across Britain and help Ford with their financial worries with large debts, after needing to sell of Land Rover and Jaguar this year. PRESS RELEASE: NEW FORD MONDEO NAMED CAR OF THE YEAR TROUBLED car giant Ford has been g...

With more than 5000 Lexus IS cars on the road, Lexus Australia has decided to treat us with their limited edition Lexus IS 250X. The IS 250X will feature a limited set of five-spoke, 18" alloy wheels, "X" badging and with a one-off Vermilion and Onyx pain job. They will also be matched with a black interior. The Lexus IS 250X will be priced at $64,390 AUD for the standard manual model and will only be available to 260 lucky owners. Source: Lexus Australia

With many previous pictures of the upcoming GranTurismo, Maserati have finally released new pictures. Maserati GranTurismo is expected to be released at the end of the year. • Engine 4244 cc 90° V8 • Power 405 PS (399 hp/298 kW) at 7100 rpm • Torque 460 N·m (339 ft·lbf) at 4750 rpm • Top speed 285 km/h (177 mph)[2] • Acceleration 0-62 mph 5.2 seconds • Acceleration 0-400 m 13.4 seconds • Acceleration 0-1000 m 23.9 seconds Source: Maserati

Inline 6 Cylinder Engines could soon be a thing of a past if Ford's decision to cut them by 2010 is any indication. Citing economical and environmental issues, Ford has decided to invest heavily into the new Duratec V6 engines. According to Ford, the main concern behind the decision is the added pressure to produce a more environmentally friendly engine and due to the added increases of petrol prices. As a result of this, Ford Australia has cut 600 jobs at their Geelong engine plant. Ford Announces New Engine Direction Ford Australia today announced a key step in a new product manufacturing strategy that will allow the company to achieve production efficiencies and access global economies of scale. From 2010 Ford Australia will import a global new Duratec V6 engine, including high performance derivatives, for use in the company's locally made Falcon, Falcon Ute and Territory model lines. The improved economies of scale resulting from...

Lex has published its top 20 used cars list which reveals the models that are going to be worth the most in the second hand market. In 2007 not surprisingly those new models that are in current short supply have the best future residual value. Top of the used car pile is the MINI, continuing where it left off in 2006. Lex reckons that Cowley’s finest will be worth 54% of its original cost new price based on a typical three year/60,000 mile contract. In the second and third place are the stylish TT and A5, which together with the A3, Q7 and Cabriolet put more Audis in the Lex list than any other car maker. Surprisingly the Lex list shows the anti-4x4 lobby has not hit residual value predictions, with no less than seven in the top 20, including the new Land Rover Freelander, Honda CRV and Mercedes M Class. Bread and butter fleet cars have struggled to get anywhere near the top 20, but the nearest are the Audi A3 (7th) and the BMW 3 series (18th) which between them enjoy strong ...

The Chrysler Group today announced pricing for the all-new 2008 Jeep(R) Liberty. Completely redesigned from the ground up, the mid-size SUV features classic Jeep exterior styling paired with a functional interior, increased cargo length and rear Seat legroom, and the industry-exclusive Sky Slider(TM) full-length, open- canvas roof. The base manufacturer's suggested retail price (MSRP) for the all-new Jeep Liberty is $20,990, including $660 destination. Two models are available: Jeep Liberty Sport and Jeep Liberty Limited. The Jeep Liberty will begin to arrive in dealerships later this summer. "The 2008 Jeep Liberty offers more value than ever before starting at under $21,000 for 4x2 models and under $23,000 for 4x4 models," said John Plecha, Director - Jeep Brand Marketing and Global Communications, Chrysler Group. "We've reduced the MSRP by an average of $1,000 and added approximately $1,400 in features and content to both models. And, the Jeep Liber...

Subaru announced pricing on the all-new Subaru Impreza 2.5i and its performance icon cousin, the Impreza WRX arriving in dealer showrooms beginning in August. The 2008 Subaru Impreza starts at $16,995 and the 2008 Subaru Impreza WRX starts at just $24,350. "The all-new Subaru Impreza delivers the best combination of driving performance, safety and fun in its class," said Tim Colbeck, vice president of sales, Subaru of America, Inc. "The 2008 Impreza really sets a new standard for value in its segment." With new, more sophisticated styling and two new body styles, a 4-door sedan and a 5-door model, the Impreza 2.5i and Impreza WRX breathe new life into the compact performance market. The new Impreza models deliver significant improvements in comfort and utility, while delivering the handling, performance and Subaru Symmetrical AWD that made the original Impreza such a success. Also new for 2008, is the availability of Vehicle Dynamics Control (VDC) on both t...