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New Kia Cee’d & Procee’d GT Turbo Geneva 2013 debut

Kia will launch the Cee’d & Pro_cee’d GT at the 2013 Geneva Motor Show with a 200bhp Turbo engine and cosmetic tweaks. We’ve already revealed that Hyundai are planning a turbo version of the i30 3-door (perhaps the Hyundai i30 R?) and Kia are following suit to with go-faster versions of the new Cee’d, new Pro_cee’d and, it appears, even the new Cee’d Sportswagon. The plan is to kick of with the launch of the Cee’d GT and Pro_cee’d GT at the 2013 Geneva Motor Show, with every possibility Kia will also launch a Cee’d Sportswagon GT later in 2013.

GM to pull Cadillac from some European markets

General Motors will halt Cadillac sales in more than half of the brand's European markets following the collapse of its regional distributor. The U.S. carmaker will focus on markets such as Russia, the United Kingdom and Switzerland where the luxury brand has been able to compete against Germany's BMW, Mercedes-Benz and Audi premium brands.

Saab: Muller used Antonov money to purchase Saab

Vladimir Antonov provided the finance for Victor Muller to buy Saab Victor Muller has told Swedish TV that the money he used to buy Saab was funded by alleged fraudster Vladimir Antonov. In a revelation that will surprise no one, Saab ‘owner’ Victor Muller has revealed that the $74 million paid to GM when Spyker (as they then were) bought Saab was supplied to one of Victor Muller’s companies by Snoras Bank refugee Vladimir Antonov. Muller revealed this little nugget of information in an interview due to be televised in Sweden tomorrow, and also revealed he still owed the money (well, the company he owns still owes the money).