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Dodge Hornet is go

By Tim Pollard Motor Industry 04 July 2007 12:30 The newly independent Chrysler Group has saved its deal with Chinese maker Chery - which means that the Dodge Hornet is a step closer to production. Dodge needs a partner with which to develop new smaller cars, like the Hornet, as it's too cash-strapped to fund them solo. The deal signed last night means that the two car makers will 'work together to develop, manufacture and distribute Chery-made small and sub-compact cars in North America, Europe and other major automotive markets under the Chrsyler Group brands.' No mention was made of the Hornet, but Chyrsler’s international director for sales and marketing, has previously told CAR Online that the firm would produce the butch supermini.

Diesel hybrid cars avoid BIK penalty. Peugeot, Citroen & Volvo rejoice.

Peugeot 3008 HYbrid4 is the first car to benefit from BIK rates on diesel hybrids As a company car driver the Inland Revenue gets its cut no matter what. With BIK rates set based on CO2 emissions and list price, it’s hard to find a way to beat the system. Even opting for a diesel car doesn’t help because, despite much better economy on the whole from diesels than petrol engined cars, HMRC adds an extra 3% to your BIK rate because diesels emit more of the stuff that matters – particulates and NOx – than a petrol-engined car.

Ferrari 430 Scuderia (2007): first official pictures

By George Barrow First Official Pictures 19 July 2007 05:10 Supercar High-performance track focused Ferraris are back on the menu in Maranello. Ferrari announced its return to the rich blokes' track day market today with this road legal F430. Due to be unveiled at the Frankfurt Motor Show by Ferrari golden boy Michael Schumacher, the most hardcore F430 yet, named the Scuderia, or 'team' (a reference to the company's racing heritage), is likely to cost around £175,000, £45k more than the standard car.