Lexus GS 300h: Shanghai Motor Show

Offering much better economy than the GS 450h, it offers not only a viable alternative for private buyers looking for a bit of beautifully built Japanese luxury with lower running costs, but also makes the GS a much more appealing option for company car drivers – probably where most of the sales will be made. Lexus are aiming for Co2 emissions below 110g/km for the GS 300h (the IS 300h manages 99g/km) which will give headline economy around 60mpg – a third better than the GS 450h can manage. Power comes from the same hybrid drivetrain as the IS 300h, which means a 2.5 litre petrol mated to an electric motor and delivering 215bhp and o-62mph in around 8.5 seconds.

GM delays CTS coupe launch until summer 2010

One of Cadillac's most anticipated models is being delayed one year. The 2010 CTS coupe had been scheduled to go into production this summer. Instead, the car will go into production during the summer of 2010.

Porsche finally becomes a VW company

Volkswagen has announced it is to finalise its takeover of Porsche by buying the remaining 50.1 per cent of Porsche stock for €4.46 billion. The takeover of Porsche by VW has been a long and rocky road, but then family fallouts are always messy. It all started with Porsche attempting to consume VW, but some clever manoeuvring by Ferdinand Piech thwarted the efforts of his cousin, Wolfgang Porsche, to swallow up his business and the financial crisis saw Porsche rack up €10 billion in debt in the process.