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CPP comments as investor Vladimir Antonov loses his bank. Arrest warrant issued.

Vladimir Antonov - Arrest warrant issued over Snoras Bank collapse Russian businessman Vladimir Antonov has been busy buying up a raft of car companies (and Portsmouth FC) in recent years. But there are now big questions about how he financed that. Vladimir Antonov is the main shareholder in Lithuanian Snoras bank (he owns 68 per cent) and in Latvijas Krajbanka via a 60 per cent stake owned by Snoras.

Hyundai ix35 Facelift goes further in Korea – and looks better for it

Last year we had spy shots of the Hyundai ix35 facelift floating round Korea – Hyundai’s home market – which showed a much more convincing nose than the, then, ix35 in Europe, but they eventually turned out to be photos of the ix35 FCEV which Hyundai had given a nose much more like the new Santa Fe and which we thought pointed at the 2013 facelift for the ix35. But when the Hyundai ix35 did turn up at the 2013 Geneva Motor Show with a bit of a titivate, it was exactly that – some very minor tweaking which kept the 2013 ix35 looking very similar to the 2012 model. But that’s not happening in Korea.

Chevrolet six-month global sales highest in a century

Chevrolet saw 2.35 million global sales in the first six months of 2011--its best first-half mark in 100 years. The automaker credits the success of new small-car models for much of the growth, namely the Cruze compact, the Spark minicar, the Aveo/Sonic small car and the Orlando MPV. Chevrolet sales increased 14 percent in the United States from the same half-year period in 2010, with 286,499 more units sold.