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Spyker, Youngman agree on joint venture

Dutch supercar maker Spyker and the Chinese Youngman Group have agreed on a joint venture to build a new super sport utility vehicle and a group of sedans based on Saab's Phoenix platform. The SUV is scheduled to hit the market by the end of 2014, while no dates for the Phoenix-based sedan were announced. Youngman will invest 10 million euros in Spyker, 7 million of which will be for stock shares constituting 29.9 percent of the supercar company.

2013 Citroen C3 Picasso Facelift at Paris 2012

Citroen has given the C3 Picasso a mild makeover for its home show in Paris this month. Goes on sale early 2013. The Paris Motor Show is a big deal for all car makers, but more so for the French motor industry.

Mitsubishi Delica D:5

Arriving in Japan early next year is the new Mitsubishi Delica D:5, the fifth generation of a model series that began in 1968, and the third new model the company has launched this year after the eK Wagon and Pajero. Mitsubishi says the Delica was developed to 'fuse the comfort of a minivan with the powerful performance of an SUV' and uses 2.4-liter engine with four-wheel-drive. The styling of the Delica takes its cues from the Mitsubishi Concept-D:5 unveiled at the 2005 Tokyo Motor Show, with strong graphics and perched stance.