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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.

Koenigsegg's craziest supercar yet debuts at Geneva

Here's what you need to know about the Koenigsegg One:1. It weighs 1,360 kilograms; it produces 1,360 hp. One horsepower per kilogram, which is why mad scientist Christian Von Koenigsegg is absolutely justified in bragging about it: it's the world's first "mega car," he said.

European Car of the Year shortlist announced

THE SEVEN CARS that will battle it out to become European Car of the Year (ECOTY) 2014 have been announced. Decided on by a jury of 53 motoring journalists from across Europe, the shortlists is made up of the BMW i3, Citroen C4 Picasso, Mazda 3, Mercedes S-Class, Peugeot 308, Skoda Octavia and Tesla Model S. This is the first time the ECOTY shortlist of contenders has included two electric vehicles with the BMW i3 and Tesla Model S.