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Ssangyong getting bullish with the Korando SX

The new Ssangyong Korando SX is to feature in a £1 million TV advertising campaign comparing price and spec with its rivals. It’s almost exactly a year since we reported Ssangyong’s return to the UK market with the Ssangyong Korando, a competitive budget compact SUV they hoped would set them on a path to sales success in the UK. Ssangyong ramped up their Korando offering in June by launching the Korando SX 4×4 at a very reasonable £18,795, although you did have to sacrifice kit – and a lump of power – to achieve the new 4×4 entry price.

Fisker, Energy Department face tough Congressional hearing on federal loans

Struggling Fisker Automotive took a bludgeoning Wednesday on Capitol Hill from top congressional Republicans who compared Fisker to failed automotive startups of the past and lambasted the Department of Energy for allowing the electric-car producer to draw down nearly $200 million in taxpayer-funded loans. House Oversight Chairman Darrell Issa, R-Calif., told Fisker founder Henrik Fisker that he will be remembered fondly for his design work for BMW and Aston Martin. But he compared Fisker to Malcolm Bricklin, John DeLorean and Preston Tucker -- three entrepreneurs known for their failed startup car companies.

Peugeot SR1 Concept revealed

The Peugeot SR1 Concept will debit at the 2010 Geneva Motor Show Peugeot are redefining themselves as the ‘Sporty’ part of the PSA partnership, leaving Citroen to go the ‘Luxury’ route. And so far they’re making a pretty credible job of things if the Peugeot RCZ is anything to go by. But the Peugeot SR1 Concept they’ve just revealed takes them on a big leap, no mistake.