Silver 2001 Jaguar Xk8 Silver Convertible 2-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.

Junkyard Gem: 1984 Jaguar XJ-S with Chevrolet V8 swap

If you wanted to do some conspicuous consumption during the 1980s, you couldn't do much better than the Series II Jaguar XJ-S. A big, decadent-looking coupe with a smooth V12 engine under its vast bonnet, a new XJ-S would have been just the thing to celebrate a fresh round of S&L looting or a Stinger missile deal with Adnan Khashoggi in 1984. The XJ-S cost plenty to keep running, though; when the third or fourth owner got tired of huge repair bills for V12 problems, a small-block Chevy V8 engine often got swapped in. Today's Junkyard Gem in Denver is such a Jag, with an early-1990s Chevy 350 residing in the engine compartment. While the good old Chevy 350 didn't purr quite as silently as the nicely balanced 5.3-liter V12, it got the job done. Some junkyard shopper had already grabbed the heads off this engine before I got to it. The block casting number indicates that the engine began life in a 1987-1995 car or truck. The small-block Chevy is a common swap for Jaguar XJs, going back to the 1960s.  The cylinder-head buyer tossed the heavy intake manifold on the roof, which would be a junkyard no-no on a nice car. This car's body isn't so nice, though. It appears that some sort of aftermarket hood scoop once lived atop these layers of body filler and pop rivets. The interior looks decent enough, though the varnish on the dashboard wood shows signs of excessive Colorado sun exposure. The MSRP on this car began at $34,700, or about $87,300 in 2020 dollars. You could get a new Cadillac Eldorado Biarritz coupe that year for just $23,737, though the real competition for the XJ-S was more likely to be a Mercedes-Benz S-Class or BMW 6 Series with two doors. The 1984 BMW 633CSi went for $39,120, while the Mercedes-Benz 500SEC cost a staggering $56,800 that year. How the mighty have fallen! This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. You can't buy the race car, but you can buy V12 power wrapped in soft leather and paneled in rare wood. Featured Gallery Junked 1984 Jaguar XJ-S View 22 Photos Auto News Jaguar Automotive History Coupe Junkyard Gems

2021 Jaguar F-Pace hides big interior and powertrain changes under familiar sheetmetal

Jaguar's first-ever crossover is getting a major update. The 2021 Jaguar F-Pace, while looking not much different on the outside, is hiding an all-new interior as well as new engines. The changes to the exterior are quite mild, rather like those of the F-Type. Headlights and taillights are more slender, with the tails losing their little rounded sections altogether. The grille and diffuser areas of the bumpers have been slightly changed, and the main grille gets different inserts on all trims. The fender vents now get the "Leaper," the cat logo, embedded in them. Under the hood are two types of engines. There's the familiar turbocharged 2.0-liter four-cylinder at the base of the range with 246 horsepower and 269 pound-feet of torque. Above that are two versions of the new inline-six-cylinder engine, both of which use a regular turbocharger and an electric supercharger. The less-potent version makes 335 horsepower and 354 pound-feet of torque, while the high-output version makes 395 horsepower and 406 pound-feet of torque. Each engine also gets a belt-driven starter-generator powered by the same 48-volt electrical system that drives the electric supercharger. All engines are coupled to an eight-speed ZF automatic transmission and rear-biased all-wheel-drive system. The interior gets the most immediately noticeable changes. The curvy, rounded dash of the outgoing model is replaced with a more crisp design with better-integrated air vents and large sections of contrasting leather and other accents such as metal or wood trim. An available 11.4-inch infotainment screen dominates the center stack, and it runs the new Pivi Pro infotainment system launched on the Land Rover Defender and the Jaguar I-Pace. This infotainment system can support pairing two phones at once and can receive over-the-air updates. The instrument cluster is available as a 12.3-inch screen that can be configured to show an array of different information including navigation info. The old shifter dial is replaced with a small leather and metal shift lever. Jaguar is also including more features as standard in the F-Pace. Among them are heated seats, a Meridian sound system, keyless entry, blind-spot monitoring and a surround-view camera. Active noise cancellation is also standard and a first on a Jaguar. Pricing and the on-sale date for the new F-Pace have not yet been announced. Related Video: