Office 2010 prices: the good, the bad and the costly

Microsoft has announced UK pricing for Office 2010 and once again there's bad news for British customers.

UPDATE: MICROSOFT COCK-UP ADDS £30 TO OFFICE 2010 PRICE

Buyers of Office Home and Business are being asked to pay £240 (all UK prices include VAT) for the full boxed version of the software, over £60 more than the US price of £178 ($280) on a straight dollar conversion. Office Professional, which includes every app in the Office portfolio, will cost £430* in Britain, but only £318 ($500) in the US.

"There are a number of different things that play a role [in British Office pricing]," explained Microsoft's Office product manager, Chris Adams, when PC Pro asked him to explain the discrepancies. "There's not one specific thing that leads to differences between us and the US," he said, citing factors such as foreign exchange rates, the cost of localisation and varying production costs from country-to-country.

There's not one specific thing that leads to differences between us and the US

The good news is that the price differences aren't too steep on the entry-level suite, Office Home and Student, which includes Word, Excel, PowerPoint and OneNote. The price of the full boxed version in the UK is £110, compared to a US price of £95 ($120).

All prices are only Microsoft's suggested figures, and retailers will undoubtedly sell the software at below ticket price.

Product Key Cards

Microsoft is introducing a new Product Key Card scheme with Office 2010. This will see trial versions of the Office software pre-installed on new PCs, which users will be able to unlock with a code purchased from retailers or Microsoft itself.

There is, however, a catch with this new system. Although the Key Card codes are cheaper, they only include one licence rather than the three that come with the boxed versions of the software.

That means buyers will pay £90 to unlock Office Home and Student on a single PC, but only £20 more to get a licence for three PCs and, of course, the full back-up disc media that comes inside the box.

Adams says that Microsoft hopes retailers will make this distinction clear to buyers when they purchase a new PC, although as PC Pro's own investigations have shown, High Street retailers aren't exactly renowned for their technical competence.

Retailers will be able to set their own prices for the physical key cards, but at launch only Microsoft will be able to deliver Office unlock codes over the internet. Adams confirmed that Microsoft will be charging full retail prices for these codes.

The Office 2010 price list

Office Home and Student 2010 - £110 (£90 for Product Key Card)

Word, Excel, PowerPoint, OneNote, Web Apps

Office Home and Business 2010 - £240 (£190)

Word, Excel, PowerPoint, OneNote, Outlook, Office Web Apps

Office Professional 2010 - £430* (£300)

Word, Excel, PowerPoint, OneNote, Outlook, Publisher, Access, Office Web Apps, premium technical support

(Revised price, was originally stated as £400)

3 Tesla employees killed in California plane crash

Three employees of Tesla Motors were killed in a small airplane crash in northern California today, the electric car maker's chief executive said.

A Cessna 310 struck an electrical tower after taking off this morning and crashed into a residential neighborhood, killing all three people on board, according to local police. Tesla confirmed all had worked at the company.

Tesla is withholding the employees' names while it works with authorities to notify their families, CEO Elon Musk said.

"Tesla is a small, tightly-knit company, and this is a tragic day for us," Musk said.

Tesla is one of the best-known companies in an emerging electric car industry that is growing as more people seek clean-energy alternatives in their daily lives.

Tesla filed for an initial public offering of up to $100 million last month. The company was co-founded by and is currently run by Musk, an entrepreneur who made his fortune as co-founder of online payments service provider PayPal.

The three employees were mid-level engineers, said a person familiar with the matter, who was not authorized to give out details about the fatalities.

The plane was registered to Air Unique Inc. in Santa Clara, Calif. Air Unique was registered with Tesla engineer Doug Bourn. It was not known whether Bourn was on board.

The plane left the Palo Alto Airport at about 7 a.m. PST bound for Hawthorne Municipal Airport in Southern California. It lost power before striking the tower, breaking off a wing, East Palo Alto Police Department Captain John Chalmers said.

The wing hit a house, causing a fire. The rest of the aircraft struck parked vehicles, Chalmers said. There were no reports of injuries on the ground, Chalmers said.

According to FAA spokesman Ian Gregor, the plane crashed about one mile northeast of the airport.

The FAA does not know if the foggy weather was a factor. Three FAA safety investigators were on the scene, and a National Transportation Safety Board investigator was scheduled to arrive today.

Wired.com said it had confirmed that J.B. Straubel, Tesla's chief technology officer, wasn't aboard.

Peugeot's high 5 set for Geneva debut

French firm release first official picture and details on its Geneva bound 5 concept.

15th February 2010

Say hello to Peugeot's new 5! TheGeneva Motor Showstar is aiming high - with a dramatic new take on the luxury car market.

Essentially a replacement for the unloved 607 saloon, the 5 aims to put right previous wrongs in this sector with a bold new look and a daring design.

The newcomer also promises the very latest environmental technology, with a 200bhp diesel-electric hybrid engine that offers four-wheel drive and CO2 emissions of 99 g/km or zero in battery only mode.

Like the recent SR 1 concept car from new Peugeot design boos Gilles Vidal, the contours of the 5's bodywork flow smoothly and without interruption, from the end of the bonnet to the top of the boot lid.

At the front, new LED equipped lights are highlighted by the use of illuminated surrounds that blend perfectly with the overall exterior body styling.

The headlamps frame a unique front grille design, also influenced by the SR1.

The streamlined sides of the car are enhanced further by the bevelled, brushed-aluminium window surrounds and door handles, combined with sculpted 19’’ wheel trims.

Under the bonnet, the 2.0 litre HDi FAP163 bhp diesel engine is mounted at the front of the vehicle, and combined with a 37 bhp electric motor at the rear.

This arrangement provides an overall maximum power of 200 bhp, an electric only mode for low speed operation, four-wheel drive when required, and low fuel consumption and emissions of 74.3 mpg and 99 g/km of CO2 or zero in electric mode.

Details of the car's interior are stil to be revealed, however, Auto Express understands the cabin focuses on delivering an upmarket blend of space and luxury.

Full details are expected on March 2nd 2010.

JLR helps parent Tata nearly double Jan. sales

India's largest vehicles maker, said its global vehicle sales for January nearly doubled to 85,714 units from a year earlier.

The sales include UK-based luxury brands Jaguar and Land Rover, whose sales nearly tripled in the month to 16,269 units from a year ago, the company said in a statement on Monday. Part of the increase is due to a comparison with weak unit sales in January 2009 due to the worsening of the global economic downturn.

Tata had earlier said domestic sales, including trucks, buses and cars, jumped an annual 77 percent in January

Porsche 911 GT3 R hybrid

Porsche to unveil hybrid 911 GT3 racing supercar at the Geneva motor show

Porsche is taking a hybrid version of its 911 supercar to the 2010 Geneva motor show. It’s no ordinary 911, either – it’s the GT3 R racing car, perhaps the last place you’d expect to find a green-pleasing powertrain.

Not that this one’s particularly green, of course. A 473bhp 4-litre flat-six engine powers the rear wheels, while two electric motors (each developing around 80bhp) power the front axle, effectively making this a four-wheel-drive GT3.

Those motors are powered by an electric flywheel generator, which is charged up by regenerative braking each time the driver slows. And rather than cutting in automatically during the drive (or indeed race) cycle, the electric power is made available KERS-style, as the racing driver requires it for a six to eight second boost.

The 911’s hybrid system is also intended to increase fuel efficiency. Ideal, really, as the car’s first big race with be May’s Nurburgring 24-hour race. And for Porsche, it really is about the taking part rather than the winning: racing the hybrid GT3 R will be ‘a ‘racing laboratory’ that will provide invaluable knowledge and insight on the subsequent use of hybrid technology in road-going Porsche sports car’.

A road-going hybrid version of the next 911, then? Certainly sounds like it…

Citroen DS High Rider concept (2010): first news

Here's the big Citroën news at the 2010 Geneva motor show: the new DS High Rider concept car, a thinly veiled version of the forthcoming DS4 due in early 2011.

It will be the second addition to the fledgling DS sub-brand of near-premium cars, following in the footsteps of the DS3. A three-door coupé, it's our first look at what is likely to replace the C4 hatchback range next year.

Citroën DS High Rider concept car: more details

This is a four-seater coupé that looks distinctly achievable for production. Even its panoramic windscreen is do-able – it's little different from the huge glasshouse on the latest C3 supermini.

The High Rider sits on appropriately chunky alloy wheels of 19in in diameter and stretches to 4260mm long. That golden paintwork contrasts with the unusual coated textile roof covering; don't expect any woolly threads on the production version due in 2011, however.

What drives the High Rider?

Surprise, surprise: the new Citroën concept car is yet another look at the PSA full diesel hybrid system. It mixes an HDI derv engine up front with an electrically powered rear axle – and means the High Rider can drive on full electric mode for short distances around town.

It also means that the PSA hybrids will be four-wheel drive. The first road cars will launch with this system in 2011.

Spyker shareholders approve Saab deal

Shareholders in Spyker Cars NV have approved the $74 million purchase of Swedish automaker Saab from General Motors Co., Chief Executive Victor Muller said on Friday.

The meeting, which was closed to the public, was convened to approve the deal forged two weeks ago.

Muller told reporters on a conference call that the combined company would seek listings on the London Stock Exchange and the Stockholm Stock Exchange, and delist from the Euronext Amsterdam exchange. He also vowed to reach profitability in 2012, although neither Saab or Spyker have made any money in the past decade.

Spyker's Muller has already secured the $50 million needed to close the deal with GM, with the remaining $24 million due in July.

In addition to the cash part of the deal, the new company will also have $326 million in redeemable preference shares issued to GM, $200 million in cash and a 400 million euro ($547 million) European Investment Bank (EIB) loan.

Saab produced just 20,791 cars last year as sales slumped to 39,903 from 94,751 in 2008, but aims to raise production to pre-crisis levels of about 100,000 to 125,000 within two years with the help of a new sales and distribution strategy.

EIB OKs 400 million euro loan to Saab

The European Investment Bank said on Friday it had authorized a 400 million euro ($546.9 million) loan to Saab, which is being bought by Dutch sports car maker Spyker Cars NV from U.S. parent General Motors Co.

"The EIB has confirmed the authorization to conclude the 400 million euro loan to SAAB Automobile AB ... and to conclude the guarantee agreement with the Swedish National Debt Office," the EIB said in a press release.

Ferrari to reveal hybrid 599 at Geneva show

Ferrari will introduce hybrid technology and the first model to get it will be the 599, chairman Luca di Montezemolo confirmed at the presentation of the race team's 2010 Formula One car.

No details of the new car were forthcoming, but Montezemolo said the prototype 599 hybrid will be officially unveiled at the Geneva auto show in March.

European patents revealed last year suggest that Ferrari was working on a four-wheel-drive hybrid drivetrain with electric motors powering the front wheels.

The Italian magazine Quattroruote has since reported that the new system will use lithium batteries and an electric motor to cut the fuel requirements of the 599's V12 by 35 percent.

Montezemolo said he was keen for Ferrari to lead F1 in the transfer of race technology to road cars.

Company sources said the Ferrari hybrid system is derived from the KERS (kinetic energy recovery system) used in 2009 F1 racing season.

Geely nears Volvo deal, plans China production

China's Zhejiang Geely Holdings will produce up to 300,000 Volvo cars a year at a new factory in Beijing as part of its plan to pull the Swedish brand out of the red by 2011, a source said on Tuesday.

Zhejiang Geely, parent of Hong Kong-listed Geely Automobile, aims to complete the purchase of Ford Motor Co.'s Volvo unit for up to $2 billion by May, according to the source and to a document submitted to regulators by Geely and seen by Reuters.

The addition of such capacity would nearly double Geely's current output, which reached 321,900 units in 2009 for the entire group, up 45 percent from a year earlier. Geely has set an ambitious annual sales target of 2 million cars by 2015.

Analysts said the 2011 break-even target could be a stretch for Geely, which has no experience running a foreign company.

"I think it's optimistic to break even next year as it needs to build a plant first and it might take time for Chinese buyers to accept a made-in-China Volvo," said John Zeng, an analyst with IHS Global Insight. "It will break even eventually but that's going to take time."

Geely Automobile Holdings Ltd is China's largest private car maker. Its charismatic founder, Li Shu Fu, sometimes likened to Henry Ford, has shown global ambitions for Geely, which means "lucky" in Chinese.

Ford, the only major U.S. automaker to avoid bankruptcy last year, is selling its luxury Swedish brand to free up cash as it climbs out of the industry's worst ever downturn.

The deal would see Geely acquire Volvo for $1.5 billion to $2 billion, with an expected closing date in May after the signing of the initial agreement next month, according to a copy of the Geely document.

Geely said in December it was near such a deal, and later added it had strong support from the Chinese government for the purchase.

Geely will set up a separate company with registered capital of 8 billion yuan ($1.17 billion) to buy Volvo. Foreign strategic investors and the Hong Kong-listed Geely will hold a 51 percent stake of the company.

Geely shares were down 3.7 percent, amid a broader market sell-off and following a run-up that saw the shares more than double since mid-September on hopes for a Ford deal.

The purchase would be the biggest in a recent spate of similar acquisitions of distressed global assets by Chinese carmakers, which have thrived during the global downturn due to strong incentives for their industry under Beijing's 4 trillion yuan ($586 billion) stimulus plan.

Under the deal, Geely will keep the brand and operations in Sweden, including Volvo's headquarters, production facility and research center, intact after the acquisition.

"(Geely) will keep the core value of Volvo as a luxury brand unchanged, while improving it with the development in emerging markets, and add more fashionable, dynamic and passionate international elements," said the document.

Volvo is expected to post earnings before interest and tax (EBIT) of $703 million in 2015, the document said.

A Geely representative declined to comment.

Among other deals involving Chinese vehicle makers, Sichuan Tengzhong Heavy Industrial Machinery is in the process of buying General Motors Co.'s Hummer brand, though that deal has yet to close and GM said earlier this month it is still awaiting approval by Chinese regulators.

Last month, Beijing Automotive Industry Holding Corp (BAIC) sealed a deal to buy technology from GM's Saab unit for $200 million, saying it would use the technology to launch an aggressive campaign to develop its brand both at home and overseas.

The buying spree comes as China zoomed past the United States to become the world's largest auto market last year.

Vehicle sales in the country jumped 46 percent to a record 13.6 million units for the year, according to the China Association of Automobile Manufacturers, well above the 10.4 million cars and light trucks sold in the battered U.S. market.

Analysts expect China's car sales to continue growing this year under renewed government incentives, though they expect the growth rate to slow to about 10 percent.