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Mazda Minagi (2011) at 2011 Geneva motor show

Mazda is preparing the ground to launch a new CX-5 – a junior crossover to slot beneath the CX-7. The Mazda Minagi concept car is being launched at this week’s 2011 Geneva motor show and previews the production car expected this autumn. But as well as heralding a new junior crossover in the Mazda fold, the Minagi also showcases the company’s new Skyactiv engineering philosophy and Kodo design mantra.

GM spending $336 million on plant upgrades for Volt production

General Motors on Monday said it would spend $336 million on upgrades to the Hamtramck plant near downtown Detroit to build the Chevrolet Volt hybrid car. The plant will begin building Volt prototypes next spring, using the Hamtramck plant's existing production line. Production of saleable vehicles begins next fall.

PREMIUM CARS IN DEMAND DESPITE RISING FUEL PRICES

THE RECENT sustained surge in UK petrol prices is not having a detrimental effect on the market for used luxury cars, large prestige SUVs and supercars, that’s according to industry experts Glass's. Current pump prices are at record highs, however whilst the value of a typical family car has risen by at least two per cent since January, large 4x4s have registered a rise of twice this amount. Also faring well during this period are luxury cars and supercars, which have followed the upward trend of family cars.