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Hyundai Performance Brand by 2015

The next gen Hyundai i20 will be the first performance Hyundai One Hyundai had made the tricky transition from budget to credible, there were only two routes open for progress – luxury and performance. The luxury route still looks like it will happen in the UK, with the next generation Hyundai Genesis Coupe heading our way, but we can also look forward to some proper performance cars from Hyundai too. That has been confirmed by Hyundai’s WRC boss, Michel Nandan, who told Australia’s Drive that all the money Hyundai is spending on Motorsport – including a new testing facility at the Nurburgring – is not just for the glow it will cast on Hyundai’s everyday cars, but for a new performance brand too.

Aston Martin Vantage upgraded for 2012

Aston Martin's Vantage receives upgrades for 2012, with the base Vantage V8 getting the most attention. The Vantage V8 retains the 4.7-liter, 420-hp V8 and six-speed manual as standard equipment, but it now will be offered with the optional seven-speed Sportshift II from the Vantage S. The automatic transmission has closer ratios, a lower final drive ratio and quicker shifts than the previous Sportshift unit.

Saab unions threaten bankruptcy action over unpaid wages

Unions at Saab, which is unable to pay wages to its workers, threatened today to start a legal process that could end in bankruptcy for the iconic brand. The IF Metall and Unionen groups said they would send a formal demand for payment on Monday if their members had not received their wages. "Then the company has seven days to react," IF Metall representative Veli-Pekka Saikkala told Reuters.