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Hyundai Eon Launches in India from £3.5k

Hyundai Eon launches in India from around £3.5k No, reasonable though it would be to assume so, the Hyundai Eon is not a new electric car, but it is Hyundai’s answer to the best-selling small car in India – the Suzuki Alto. Launched on the back of a 900 Crore investment by Hyundai in development and production for the Eon (a Crore is 10 million Rupees, so that’s about £125 million) the Eon is a big push by Hyundai to make a big dent in the burgeoning Indian market. The Eon comes with an 814cc 3-pot 55bhp petrol engine – which won’t exactly have Indian buyers flying along at breakneck speeds – and offers properly decent styling, rather than the toy car styling of something like the Tata Nano.

Get ready for the New GM

Unless there is some sort of major, unforeseen hiccup, the sale of General Motors' assets--creating a new company--is expected to close Friday. The new GM will be 60.8 percent owned by the U.S. Treasury.

Jaguar to build C-X75

Jaguar has announced that the C-X75 concept car from the 2010 Paris Motor show will enter limited production. Strictly limited to just 250 units, the hybrid super car is tipped to cost from £700,000 (depending on local taxes). The C-X75 will utilize a turbocharged 1.6-liter four cylinder engine mated to axle-based electric motors.