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First Sight: Peugeot 1007

Peugeot has revealed first details of the 1007, which it hopes will change the way small cars are perceived and experienced - "as did the introduction of the hatchback in the early 60s". The 1007 was previewed in the form of the Sesame concept at the 2002 Paris Motor Show. The small car 'B' segment accounts for more than 35% of the European market and is expected to grow by 17% over the next ten years.

Whitacre says GM is making progress, could be profitable in 2010

General Motors Co. could be profitable later in 2010 if it can continue sales momentum and economic conditions even out, CEO Ed Whitacre said on Wednesday. “Certainly we're aimed at profitability as quickly as we can get there,” he said.

Volkswagen Makes Virtual Roadster Real

GERMAN car maker Volkswagen has turned the virtual world into reality, as it unveiled its GTI Roadster concept at the famous Woerthersee GTI meeting in Austria recently. The GTI Roadster was originally created as a purely electronic car, to feature in the Sony PlayStation 3 classic, Gran Turismo 6. The result of cooperation between Volkswagen and Sony, the GTI Roadster is the work of three young Volkswagen designers, winners of an in-house competition to design a vehicle to celebrate the 15th anniversary of the Gran Turismo game.