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High-five for Mini's new, larger hatchback

THE LONG-RUMOURED five-door Mini hatchback has finally been unveiled, featuring an extra seat, more legroom and a larger boot than the three-door. By using a longer and wider body, the five-door is able to offer 72mm more legroom for rear passengers, who can also now access the new row of three seats via small but useful rear doors. Boot space is up to 278 litres, which although still comparatively low is 67 more than the three-door hatch can boast.

Peugeot 208 Intuitive Special Edition launched

A special edition of the new Peugeot 208 – the Peugeot 208 Intuitive – has been launched with extra equipment. Price from £14,245. It’s over a year since the new Peugeot 208 was rolled out in the hope that it could revive Peugeot’s sales and bring back to the ailing French car maker some of the sales gloss they enjoyed with the 205.

GM posts wider loss, burns through $5.2 billion in cash

General Motors, battered by a global economic collapse and buoyed by U.S. rescue loans, posted its sixth straight quarterly loss and burned through $5.2 billion in cash as revenue shrank by more than a third. The net loss of $9.6 billion in the fourth quarter compares with a loss of $1.5 billion a year earlier.