1999 Jaguar Xj8 Base Sedan 4-door 4.0l on 2040-cars

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Rising aluminum costs cut into Ford's profit

When Ford reports fourth-quarter results on Wednesday afternoon, it is expected to fret that rising metals costs have cut into profits, even as rivals say they have the problem under control. Aluminum prices have risen 20 percent in the last year and nearly 11 percent since Dec. 11. Steel prices have risen just over 9 percent in the last year. Ford uses more aluminum in its vehicles than its rivals. Aluminum is lighter but far more expensive than steel, closing at $2,229 per tonne on Tuesday. U.S. steel futures closed at $677 per ton (0.91 metric tonnes). Republican U.S. President Donald Trump's administration is weighing whether to impose tariffs on imported steel and aluminum, which could push prices even higher. Ford gave a disappointing earnings estimate for 2017 and 2018 last week, saying the higher costs for steel, aluminum and other metals, as well as currency volatility, could cost the company $1.6 billion in 2018. Ford shares took a dive after the announcement. Ford Chief Financial Officer Bob Shanks told analysts at a conference in Detroit last week that while the company benefited from low commodity prices in 2016, rising steel prices were now the main cause of higher costs, followed by aluminum. Shanks said the automaker at times relies on foreign currencies as a "natural hedge" for some commodities but those are now going in the opposite direction, so they are not working. A Ford spokesman added that the automaker also uses a mix of contracts, hedges and indexed buying. Industry analysts point to the spike in aluminum versus steel prices as a plausible reason for Ford's problems, especially since it uses far more of the expensive metal than other major automakers. "When you look at Ford in the context of the other automakers, aluminum drives a lot of their volume and I think that is the cause" of their rising costs, said Jeff Schuster, senior vice president of forecasting at auto consultancy LMC Automotive. Other major automakers say rising commodity costs are not much of a problem. At last week's Detroit auto show, Fiat Chrysler Automobiles NV's Chief Executive Officer Sergio Marchionne reiterated its earnings guidance for 2018 and held forth on a number of topics, but did not mention metals prices. General Motors Co gave a well-received profit outlook last week and did not mention the subject. "We view changes in raw material costs as something that is manageable," a GM spokesman said in an email.

2021 Jaguar F-Type Luggage Test | Get away, and look extremely good doing it

Just like the Porsche 911 I performed a luggage test on not too long ago, the 2021 Jaguar F-Type is not a luggage-hauling machine. It’s a sports-car-oriented grand tourer, and it also happens to be stonking fast with a supercharged V8 under the hood. Since the engine is in the front, that leaves the rear trunk for all the cargo coming onboard. Assuming you want to take your F-Type on vacations and longer journeys (you do), the respectably-sized boot will come in handy. Jaguar says the coupe (what weÂ’re testing) has 14.4 cubic feet of space, whereas the convertible just about cuts that space in half with only 7.3 cubes. From a numbers perspective, the Jag just edges out the 911 (13.8 cubic feet of space combined between the frunk and rear seat). However, weÂ’ve learned to never take those numbers at face value. I use different equipment than Riswick does in Portland: Two carry-on suitcases sized (24 inches long, 15.5 wide, 10 deep); one carry-on suitcase (21.7L x 13.7W x 9 D); one medium-size suitcase you have to check (24.5L x 16.8W x 11.5D) and one larger, full-size suitcase (33.8L x 21.5W x 13D). The second full-size suitcase didnÂ’t get the call up, because one look at the luggage compartment was all I needed to know that two of them werenÂ’t going in there. Getting into the luggage compartment is luxurious enough for a Jag. Use the button on the fob, a toggle switch on the interior, or press the button under the lid. ItÂ’s fully powered going up and down, so you can devote all of your bodyÂ’s energy to wrestling the car around corners. The space itself is rather shallow and hindered by a privacy cover that hangs low. YouÂ’ll need to remove that shade to take advantage of the entire space, but we started with it on to see what could fit under it. This F-Type is low, so even though you have to lift things over the rear bumper, itÂ’s not horribly strenuous. I initially slid two of the carry-on suitcases in. Those fit lying flat, but there wasnÂ’t much extra space. To take advantage of what was left, I squeezed in the fancy bag (22L x 8.8W x 12D). With the privacy shade intact, youÂ’re not going to fit any more suitcases than that due to height restrictions. A very shallow item could slide on top of the inboard suitcase, but it would have to be very short. Another configuration I tried showed that the medium suitcase and one carry-on could fit. Additionally, the full-size suitcase also fits if itÂ’s in there alone.

Cargo ship carrying 1,200 Jaguars and Land Rovers deliberately run aground [w/video]

A cargo ship carrying a load of new cars out of Southampton has run aground in the English Channel in between England and the Isle of Wight. The vessel apparently suffered some sort of failure just 45 minutes after leaving port that caused it to list heavily to the starboard side before the crew deliberately beached it on Bramble Bank to prevent the ship from capsizing altogether. The vessel, called the Hoegh Osaka, is a 590-foot car carrier weighing some 57,000 tons and registered in Singapore. Although several automakers (including Honda and Bentley) were reportedly looking into whether they had cars on board, the vessel is said to have been filled to approximately one-third its capacity, with 1,400 vehicles on board – including 1,200 Jaguar and Land Rover vehicles, 65 Mini models and one Rolls-Royce Wraith. 70 to 80 pieces of construction equipment were also said to be on board. The Hoegh Osaka was en route from the southern British port of Southampton to Bremerhaven, Germany. Fortunately, no major injuries have been reported. The crew was mostly airlifted by helicopter off of the beached ship, with two crew members evacuated by lifeboat. One crew member reportedly jumped over 25 feet off the ship into the water before being immediately retrieved by rescue workers. According to the Daily Mail, two crew members were treated for non-life-threatening injuries, including a broken leg. It may take several days, if not longer, to extract the vessel from the sand bank and ascertain the damage to the ship and its cargo. An early attempt to free the ship with tugboats failed, meaning that the Maritime and Coastguard Agency may have to wait until more favorable high tides to try again before towing the ship back into the port. Bramble Bank, where the vessel was run aground, is a well-known obstacle to maritime navigators. The Queen Elizabeth 2 ran aground there in November 2008 with 1,700 passengers on board, but was quickly freed by four tugboats and was able to continue on its way. Two local yacht clubs also play a cricket match there every year at low tide. The vessel's operator, Hoegh Autoliners, praised the skill and quick thinking of the crew in acting to prevent the ship's capsizing by running her aground on the soft, sandy shoal. Watch the clip below for aerial footage of the beached ship, courtesy of the BBC. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.