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Kia K9 launches in Korea

Kia K9 launches in Korea Kia’s new range-topping saloon car – the Kia K9 – has launched in Korea and will launch overseas – with a new name – later in 2012. Kia’s most impressive – and certainly most ambitious - new car has launched in Korea and goes on sale today. But it’s extremely unlikely, even with a change of name from Dr Who’s robotic dog, that we’ll see it in the UK.

Renault, Caterham form joint venture to build sports cars

Two lightweight two-seat sports cars, likely to be on sale in 2015 or 2016, will be the first output of a joint venture between French automaker Renault and U.K. sports car maker Caterham that was announced Monday. Renault will put its Alpine factory in Dieppe and its 300-person workforce into the 50:50 joint venture.

Saab gets more cash from China partner

Saab has received another cash boost from its new China partner Pang Da with an additional order for 630 cars, worth 15 million euros or $21.7 million at current exchange rates. The order comes on top of an order for 1,300 cars worth $43.3 million (30 million euros) received by Saab from Pang Da in May. The Chinese company will pay in advance for the order and delivery of the vehicles will start in the third quarter, Saab said.