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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.

David Brown Automotive Speedback revealed

All-new British sports car brand David Brown Automotive has revealed its first production GT car, the Speedback, prior to its world debut at the Top Marques Monaco event in April. The new Speedback is based on the Jaguar XKR and uses its supercharged 5.0-litre V8 motor to produce over 500hp. It’s been 18 months in development and has been engineered in Coventry – and will use hand-crafted bodywork produced in the automotive city, too.

Saab: Is India’s Mahindra in the hunt for bankrupt Saab?

India's Mahindra in the hunt for Saab? It’s reported that a representative of a ‘Large Indian Car Maker’ has been rebuffed by the Saab receivers. Victor Muller finally gave up the task of trying to keep Saab in business just before Christmas and filed for bankruptcy.