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Volvo XC90 (2015)

After three highly-regarded concept cars and a rather extended gestation period, the first of the new generation of Volvo cars, the XC90 SUV, has been unveiled. Designed – at least latterly – under the auspices of Thomas Ingenlath, who joined the sole remaining Swedish brand from VW as its design director in March 2012, the new Volvo XC90 is the first to sit on the company's new, modular SPA platform (Scalable Product Architecture, if you're interested). This allows more freedom in terms of proportions, with a particularly generous axle-to-dashboard distance.

Lexus NX compact SUV production starts – first UK deliveries October 2014

The first Lexus NX rolls off the production line We’re not entirely sure the new Lexus NX – revealed in production guise at the Beijing Motor Show in April - will be one of the most driver-focused compact SUVs, but it is a car that should see Lexus sales rise considerably. And the NX is now starting to roll off the production line at Lexus’s Miyata plant in Japan, and Lexus say they already have 6,500 orders for the NX in Japan, and a more modest 350 in the UK. The big seller in the UK – in the absence of a diesel NX – will be the NX 300h with its hybrid setup of a 2.5 litre petrol engine, electric motor and CVT gearbox, but despite promises of good economy (55.4mpg) the real world economy is likely to be significantly less, although its high headline economy will help BIK rates for business buyers.

GM officially bankrupt

GM finally enters Chapter 11 Bankruptcy The US Government is to provide £30 billion to fund the transition, with GM being split in to ‘Old GM’ and ‘New GM’. In exchange for the money the US Government will take a 60% stake in ‘New GM’ with all the toxic assets and liabilities being disposed of through ‘Old GM’. The restructuring will allow GM to survive on a third less sales than before (10 million instead of 15 million).