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Peugeot Citroen to buy Mitsubishi

It's being reported that PSA (Peugeot Citroen) are to take control of Mitsubishi Car makers have been fighting hard to survive in the last year or so as the landscape for their products goes through the biggest sea change ever. Fiat boss Sergio Marchionne was quoted as saying that if car makers didn’t rationalise and merge then they would go under. He sees a car making landscape with a handful of huge car makers and a plethora of very small ones – nothing in between.

Goodwood Festival of Speed gets a Phantom Coupe

Tom Purves of Rolls Royce handing over a Phantom Coupe to Lord March for the Goodwood Festival of Speed [ad#ad-1] We brought you news of the launch details for the 2009 Goodwood Festival of Speed last week, and today it has been announced that Rolls Royce has lent the Goodwood Festival of Speed a Rolls Royce Phantom Coupe as the official Course Car for this year. Now a Phantom Coupe is not the first car you would think of as a course car. Bit too expensive and not exactly capable of massive feats of performance (although it is, at least intil the Silver Ghost arrives, the most ‘Sporty’ of the Rolls Royce models), but it fits the Goodwood event perfectly.

BMW set to debut diesel 7-series in the US

While Mercedes-Benz has let us Americans buy diesel versions of its flagship sedan from time to time, BMW has kept a number of versions of the 7-series from our shores, among which are 7-series sedans with diesel engines. Well, it looks like we'll finally be getting a diesel 7-series after all, with the arrival of the 740Ld later this spring. The 740Ld will be powered by a 3.0-liter inline-six diesel engine with a single turbocharger with variable vane turbine technology, making 255-hp and 413 lb-ft of torque, and will be coupled exclusively with BMW's xDrive all-wheel drive system.