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Lexus confirms plans for baby IS

By Ben Pulman Motor Industry 22 October 2008 14:15 Lexus has officially confirmed it will build a BMW 1-series rival. Speaking to the German media, European company MD Tadashi Arashima told reporters: 'We will offer a Lexus in the compact class'. He explained that Lexus needed 'smaller and more efficient vehicles' in the face of European CO2 regulations.

Which car has the best residual value? A MINI

The MINI has the lowest depreciation of any car in the UK When it comes to buying a car, many of us decide how much we can afford to spend and then go and look for a car that fits our budget. But what we should really be looking at is how the car we want will be worth in the future – its residual value. Because the residual value of your car is often where the biggest costs lies, and it has a major impact on monthly payments if you decide to acquire your nice new car on a contract hire or leasing deal.

Audi Snook at the 2008 Michelin Challenge Design

German design student Tilmann Schlootz has been named one of the winners in the 2008 Michelin Challenge Design competition for his Audi Snook project. Selected for special exhibition at the North American International Auto Show in Detroit by a jury of professional designers and educators, the Snook scale model concept answered a design brief entitled: 'Sharing the Road - Big Safety/Small Vehicles', which called for enhanced real and perceived safety for smaller vehicles through design innovation. The visionary concept vehicle, which rides on a mono-sphere wheel, is heralded as a new vehicle category, implementing the principles of agility through instability learned from aerospace technology.