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Honda cancels V8 program, S2000 and CR-Z convertible, report says

Fun appears to be on the chopping block at Honda. Plans for the successor to the S2000 sports car, a lineup of rear-drive Acuras, a proposed V8 engine and a drop-top built off the CR-Z hybrid are all dead, according to a report in a British magazine. The reason: Honda is rethinking its product plans as it grapples with the global downturn in sales and economic conditions, Autocar is reporting.

Toyota to launch its own version of OnStar

Toyota Motor Sales said today that it is launching a telematics system similar to General Motors' OnStar that will be available on some Lexus and Toyota vehicles in late summer. At the Consumer Electrics Show today in Las Vegas, Toyota detailed its plans for the system, which has different features for each brand. On Toyota vehicles, the system will be called Safety Connect; on Lexus models it will be called Enform.

New Peugeot 208 won’t spawn Estate or Convertible, but a 2008 SUV Crossover is planned.

There may be a new Peugeot 208 GTi (pictured) but no 208 CC or SW Peugeot has revealed that there will be no CC (Convertible) or SW (estate) versions of the new 208, but a 2008 SUV/Crossover is expected. The new Peugeot 208 has a weight of expectations resting on its new shoulders, with Peugeot finding sales harder to come by and hoping the new 208 may rekindle some of the sales fire the 205 had. So you’d think it would make sense to fill every possible niche imaginable with the 208, including spinning off various iterations in the style of MINI.