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New Peugeot 308 GT hot hatch due on sale in 2014

Peugeot The Peugeot 308 GT will be unveiled at the 2014 Paris Motor Show this September, according to company insiders. Speaking at the launch of the 308 SW estate, Peugeot sources told us that the 308 GT will be revealed in its home market and is likely to go on sale before the end of the year. Technical details haven't been announced, but the 308 GT is expected to use a version of the 208 GTi's turbocharged 1.6-litre engine, with a similar power output of about 200hp.

GM agrees to sell Saab to supercar company Koenigsegg

General Motors confirmed Tuesday morning that it has a tentative agreement to sell Saab to a group led by Swedish supercar maker Koenigsegg Automotive. The deal would close by the end of the third quarter and put Saab in the hands of an upstart, boutique car company known for producing eye-catching cars with gaudy horsepower ratings and even gaudier price tags. The agreement includes $600 million in financing from the European Investment Bank.

Google boss says Mercedes has ‘Magical Software’

Google's Vic Gundotra praises the Mercedes S-Class The common perception is that everyone at Google drives a Prius or an EV or has no interest in anything as last century as personal transport. Google has a fleet of eco-cars – plug-in Evs and range extenders – for employees’ use and runs a biodiesel shuttle for ‘Googlers’ to get to work. It’s also been busy building recharging points in and around its home in Mountain view.