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Peugeot 3008 HYbrid4 first of string of new Peugeot hybrids

Peugeot will launch the new 3008 HYbrid4 crossover in autumn 2011 as the world's first diesel-electric hybrid car - and it's the first in a string of hybrid cars coming from Peugeot and Citroen. The 3008 HYbrid4 will be followed by a brace of 508 hybrids in spring 2011, and engineers have told CAR that any car on the mid-sized PF2 and full-sized PF3 platforms can use the same innovative electric 4wd architecture.  Although pricey at £26,995, Peugeot expects to sell 10,000 of the 3008 HYbrid4 in its first full year and the parent group PSA Peugeot Citroen is targeting 100,000 annual sales of hybrids as soon as 2015. Peugeot 3008 HYbrid4: the lowdown Peugeot has picked its mid-market crossover the 3008 to premiere its first hybrid engine.

BMW 5 Series (2010 / 2011) Revealed

The new 2010 / 2011 BMW 5 Series It’s been coming for a long time – the 2010/2011 BMW 5 Series – and just last week we had a picture of the new 5 Series from a German magazine. But now BMW has finally gone official and revealed all the goodies on their mid-size saloon of the future – the 2010 BMW 5 Series or, if you’re in the US, the 2011 BMW 5 Series. The new 5 Series migrates to the same underpinnings as the new 5 Series GT and 7 Series – and for that matter the Rolls Royce Ghost – which means this new 5 Series loses the traditional suspension struts and gets a multi-link arrangement all round.

Ford posts $3 billion quarterly profit

Ford Motor Co. earned $3 billion in the fourth quarter, helped by a large gain from one-time tax items, and its full-year profit rose as U.S. sales and market share increased.