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New Peugeot 308 production increased to meet demand

Peugeot are increasing production of the new 308 to meet demand The new Peugeot 308 arrived in the UK in January – although it’s been on sale in Europe since last year – and it’s a decent effort from Peugeot. In fact, even though we didn’t think it was the best choice, the new 308 took the European Car of the Year Award at the Geneva Motor Show last week, a decision that’s probably been credibility by the apparent popularity of the new 308. Since the 308 went on sale late last year, Peugeot has managed to shift more than 60,000, so with the new 308 SW (Estate) about to go on sale Peugeot is ramping up production to meet current and expected demand by adding a third shift at its Sochaux Plant, creating 600 new jobs in the process.

EV battery maker A123 files for bankruptcy

Lithium-ion battery maker A123 Systems Inc. filed for Chapter 11 bankruptcy protection on Tuesday in U.S. Bankruptcy Court in Delaware.

Subaru's boxer engine gets biggest overhaul since 1989

Subaru said its next-generation, horizontally opposed engine will debut this year in the Forester and deliver a 10 percent boost in fuel economy. The four-cylinder engine, which will come in displacements of either 2.0 or 2.5 liters, is the first major overhaul of the brand's signature boxer power plant in 21 years, Subaru's Japanese parent company Fuji Heavy Industries Ltd. said.