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Peugeot 308 SW

By Tim Pollard First Official Pictures 04 March 2008 20:03 So what's new on Peugeot's Geneva Motor Show stand?Not a gala show by Peugeot's standards, if we're being honest. The biggest news on the stand today was the arrival of the 308 SW - a single replacement for two models. This time around, Peugeot isn't distinguishing between the estate and the SW people carrier.

VW Boss Martin Winterkorn on the new Hyundai i30: Nothing Rattles!

VW's Martin Winterkorn prods and pokes the new Hyundai i30 If you’re looking for a benchmark in quality mainstream cars, you can’t do a great deal better than cars from the VW group. From VW to Audi, Skoda to SEAT, VW knows how to bolt a car together so everything has a pleasing tactility. So a visit by VW boss Martin Winterkorn to the Hyundai stand at the Frankfurt Motor Show could have been to see just how far the competition from Korea still has to go.

Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED

Saab: China to invest $7.5 billion Update: We have now been told by Saab that Pang Da and Youngman are to provide €50 million immediately and €600 million for short to medium finance. Funding for the revised business plan and provide long-term financial stability the new Chinese owners have also budgeted funding for the planned expansion of Saab Automobile’s portfolio and additional operations to be set up in China There will be a reduction of 500 in the employee numbers. Sales targets for 2012 of 35-55,000 cars and 2013 of 75-85,00 and long-term of 200,000 cars a year Interestingly, Saab says that ‘Saab Automobile has not received the funds from Pang Da and Youngman that have been committed for today.’ Oh, well. Although the deal which will see Saab sold to China’s Youngman and Pang Da is still subject to a raft of approvals – Swedish Debt Office, EIB, GM, Chinese Government… – it seems the Chinese have big plans to invest up to $7.5 billion in Saab in the coming years.