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New Peugeot 208 production cut as sales disappoint

Peugeot is cutting back on production of the new 208 as its sales fail to reach expectations, just six months on from launch. It’s not enough when Europe is ion the midst of an economic crisis and car buyers are polarised between ‘budget’ cars that offer more for less than mainstream offerings and ‘Premium’ models that are bought on the back of a preconceived notion of more kudos. That leaves car makers like Peugeot (and Renault, Citroen, Vauxhall, Ford, Opel, Fiat…) between a rock and a hard place, unable – or unwilling – to compete with the offerings from Korea and saddled with a brand that doesn’t have the ‘class’ of an Audi or a BMW or a Mercedes or even a VW.

Volvo S60 Polestar Gothenburg debut

The Volvo S60 Polestar – a BMW M3 basher – is due to debut in Gothenburg on 16th June 2012 and could get as much as 500bhp. Yes, Volvo are busy downsizing their engines and trying to up the quality perception of their cars at the same time, in an aim to join the proper premium club inhabited by the likes of BMW, Mercedes, Audi and Jaguar. But that doesn’t mean Volvo should forsake performance in their cars, because even if performance models are not the bread and butter for premium car makers they are the golden halo that casts a premium gloss on lesser models.

Second Lamborghini Diablo GT-R up for grabs in California

Not ready to pony up for the ultrarare, unraced Lamborghini Diablo GT-R that was for sale last week? As long as you didn't drop all of your change on rapture supplies, we've found you a second GT-R--albeit with racing history--for sale by the same owner. This example, painted Monterey Blue by its previous Japan-based owner, has spent the past few years touring car shows and displays while remaining in a private collection.