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Peugeot-Citroen signs £1.3bn rescue deal

French car manufacturing giant PSA Peugeot-Citroen has signed a £1.32 billion deal with Chinese carmaker Dongfeng Motors and the French government to secure its future. The far-eastern firm and the French government will each invest €800 million (around £660 million). Both organisations will receive a 14% stake in the business.

Jaguar to offer 4WD across its range – but does that mean for the UK too?

Jaguar has revealed it plans to offer all wheel drive models across its range for future models, but will the UK get the chance to buy a 4WD Jaguar? Not only was the lack of a four wheel drive platform hampering sales, but it was cited as one of the main reasons Jaguar hadn’t given the green light to an XF Estate. But things have moved on in the last couple of years and Jaguar has recently launched a 4WD XJ and 4WD XF (although not for the UK) and finally delivered the XF Sportbrake (but without a 4WD option).

Toyota ditches Corolla badge

By Phil McNamara Motor Industry 30 July 2006 12:16 The Corolla brand is going the same way as Oldsmobile, Jif and Marathon – to the knacker's yard. It may be the most venerable nameplate in motoring history, but Toyota is ditching the Corolla badge in western Europe. The latest incarnation of the Japanese family car will be unveiled at the Paris motor show in September 2006, but it won't be wearing the Corolla logo.