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Mini John Cooper Works GP (2012) first official pictures

Mini has unveiled the new top-dog Mini John Cooper Works GP - a limited edition, very fast, very expensive Mini hot hatch. Just 2000 Mini GP editions will be built, with first sales due for late 2012. Yes, it's a signal that current generation Mini is approaching its wind-down period ahead of the all-new, third-generation Mini models due to land from 2014.

Kia Ceed Sportswagon (2012) first official pictures

Kia will launch an estate version of the Ceed family hatch in the UK on 10 September 2012, with an unashamed focus on grabbing crucial fleet sales. As such. the Ceed Sportswagon range is turbodiesel only, to try and entice fleet buyers in with low tax rates.

GM Europe weeks from running out of cash

By Phil McNamara Motor Industry 03 March 2009 19:03 GM Europe will run out of cash ‘early in the second quarter’ of 2009, unless the divison secures $3.3bn in funding from European governments. Speaking today (Tuesday 3 March), GM chief operating officer Fritz Henderson revealed that insolvency loomed, due to the plunge in European car sales and GM’s liquidity crisis in North America. He ruled out a swift cash injection from private investors, saying that no talks had taken place and that lengthy negotiations and due diligence would take too long.