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Bugatti 16C Galibier – back in Black

The Bugatti 16C Galibier in Black The Bugatti 16C Galibier came to our attention back in September at the time of the Frankfurt Motor Show, although it wasn’t on the floor at the show. Bugatti claimed it to be just a concept; a way of judging opinion about the next car in the Bugatti line. That’s not a line we ever took seriously.

News watch February 2012: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Wednesday 29 February 2012• Following on from yesterday's news of a cross-holding between PSA and GM, it now appears that Peugeot Citroen would offer a €1bn rights issue to create cash and strip back jobs as part of its proposed alliance with GM (Automotive News Europe)  • The Bloomberg Riskless Return Ranking, a survey of investor performance, suggests that Kia has outperformed all 22 other car makers with a risk-adjusted return of 9.2% in the past five years. Second highest was Hyundai, whose shares rose 4.8% in the same period (Bloomberg)• Fisker has a new chief executive officer, as founder Henrik Fisker moves to executive chairman. The new boss is Tom LaSorda, the former top man at Chrysler pre-bankruptcy (Fisker)Tuesday 28 February 2012• General Motors is in talks to buy a 5% to 7% stake in PSA Peugeot Citroen, according to reports by news agencies Bloomberg and Reuters.

New Jaguar XJ: The Paris video

Jaguar has produced a moody video of the new XJ in Paris Lucy Jordan lamented that she’d ‘Never ride through Paris in a sports car with the warm wind in her hair’. But if she ever had (apart from in her imaginings) she’d have realised it is – as many romantic notions are – a bit of a ‘mare. Smelly, noisy, uncomfortable and rather bad for your car’s paintwork.