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Mitsubishi plans ‘Colt-successor' for the United States around 2012

Mitsubishi plans to bring a global small car to the United States sometime around 2012. It would be the successor to the Colt small car currently sold in Europe and Asia. The new car would be all-new, and the name has not been decided yet, a spokesman said, referring to it as the “Colt-successor.” “There's obviously a need for a very small car,” Mitsubishi spokesman Moe Durand said.

Jeep Trailhawk (2007): first official pictures

By Tim Pollard First Official Pictures 09 January 2007 04:14 Looks pretty mean. Will they build the Jeep Trailhawk? Not in this motor show flight-of-fancy guise, but the new Detroit show concept informs us of how the new Cherokee could look.

Saab secures more funds as it seeks to avert collapse

Saab parent Swedish Automobiles has found another financial lifeline in China as the struggling carmaker faces possible legal action from unions over unpaid wages. In a statement this morning, Swedish Automobiles announced that an un-named Chinese firm has placed an order for 582 Saab vehicles, valued at 13 million Euro (£11.5m) with full pre-payment 'expected to be made this week'.  Saab plans to use the funds to pay wages and begin partial payments to component suppliers in order to restart production. Saab's financial crisis: the current situation.