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Honda’s Insight for Europe revealed

  Honda Insight for UK undercuts the Prius [ad#ad-1] Last week at the Detroit Motor Show, Honda revealed its Prius-challenging Insight Hybrid, and has today revealed details on the UK/Euro version. The new Insight, which utilises a 1.3 litre petrol engine with 88bhp, coupled with a 14bhp electric motor to give a 0-60 of just over 12 seconds and 113mph, has very low Co2 of 101-105g/km (which means just £35 VED – but if only they’d shaved that a smidge it would have been a freebie) which is very creditable. Honda has the Prius firmly in its sights with this car, and it aims to comfortably undercut the Prius on price.

Crunch watch Dec 08: the auto industry in crisis

By Tim Pollard and Simon Stiel Motor Industry 31 December 2008 14:05 Wednesday 31 December 2008• GMAC, GM's finance arm, said it would immediately revise its criteria for providing loans, after the US government bail-out of the General's credit arm. It will now supply credit for anyone with a score of 621 or more on the Fico scale, the scale used to assess Amercian customers' creditworthiness (Financial Times)• The news means that 80% of US consumers would now qualify for a loan from GMAC – which should improve sales in the depressed US market (Detroit News)• Chrysler is being lambasted for taking out full-page adverts in the American national press thanking the nation for supporting its auto industry. But critics point out this is a fresh waste of bail-out resources, as pages in the Wall Street Journal – one of the titles in which the ad ran – reportedly cost up to $264,000.

U.S., European models are hot at 2009 Tokyo Special Import Show

There are times when we have to wonder whether there really is a global economic crisis; the Tokyo Special Import Show is one of those times. The show in mid-June was all about bling--lots of it--with just enough performance pizzazz to liven things up. It's ironic that while U.S.