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Trio of Mitsubishi concepts bound for Tokyo

Mitsubishi is bringing three new concepts to next month's Tokyo motor show, the first to be developed with the automaker's ‘@earth' design philosophy. The carmaker says the three will emphasize Mitsubishi's engineering and advanced technologies that embody environmental responsibility, driving pleasure, toughness and safety. Concept GC-PHEV is a full-size SUV that uses a high output PHEV (plug-in hybrid electric vehicle) system and is billed as a ‘connected car' offering preventive safety technology, wireless connectivity and driver support.

Range Rover Evoque launches in India at £60,000

Range Rover Evoque launches in India Yes, a starting price of around £60k for a Range Rover Evoque in India seems rather steep (and that’s plus Octroi – local sales tax). After all, in the UK you can jump in to an Evoque from a shade under £28k (for the 2WD Evoque eD4 Pure), and even the top of the range Evoque Si4 Dynamic with an auto ‘box comes in at just £40k (until you dive in to the options, and then it’ll be nearer £50k). So what’s going on with the Evoque in India?

Spyker attempting to sell Saab real estate in money-raising move

The next chapter in the Saab cash crunch appears to involve Spyker selling Saab real estate to an unnamed financial institution, with the automaker leasing the property back for its operations. Saab has been forced to shut down production twice in the past few weeks in the wake of unpaid supplier bills, raising concerns that Dutch owner Spyker may be facing a liquidity crunch. The latest move is likely aimed at freeing capital for the automotive operations while the company negotiates for a loan with the help of the Swedish government.