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Peugeot reveals 308 GT warm hatch

Peugeot had revealed a new GT version of the 308, offering a step-up in performance while buyers await the hotly-anticipated new GTi version. The 308 GT range is offered in both hatchback and SW estate models, with a choice of petrol and diesel versions. The firm has lowered the suspension, enhanced the styling and even introduced a new colour called Magnetic Blue.

De Tomaso fails to sell

The De Tomaso brand failed to attract a bid in auction this week But it appears that the liquidators for the De Tomaso assetts have already disposed of the factory and land, and this week the brand and trademarks were on the auction block, with a starting price of  €1.6 million. But there were no takers. Not one.

Honda cuts 800 jobs at Swindon Plant

Honda is cutting 800 jobs at its Swindon Plant as demand for cars across Europe weakens and moving to a single shift system. We’ve not had a huge amount of bad news in the UK car industry for some time, but Honda’s decision to cut 800 jobs at its Swindon Plant is a tough pill to swallow for the workforce. Honda blames ‘Sustained conditions of low demand’ in Europe for the swathing cuts in its workforce in the, but believes the move is necessary to protect the long-term future of Swindon.