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SsangYong at the Paris motor show 2008

By James Foxall Motor Shows 02 October 2008 11:13 Ambitious SsangYong is targeting down-sizing drivers with its new CX200. The Toyota RAV4-size SUV is the first front-wheel drive car from the Korean concern. Crucially for its continued advancement it’s also the platform used to demonstrate a new 175bhp 2.0-litre turbodiesel engine, a new six-speed manual transmission and intelligent four-wheel drive.

Dacia Lodgy

Renault's budget brand, Dacia, is set to further its position as Europe's fastest growing automotive manufacturer with the introduction of the Lodgy. The five- or seven-seat MPV will be introduced at the forthcoming Geneva motorshow and promises to offer the brand's trademark qualities of value for money and robustness. Externally, there are visual links between the Lodgy and the products of its parent company, with the car sharing a similar silhouette to the Grand Scenic.

Ford cuts CEO's compensation 37%

Ford Motor Co. CEO Alan Mulally earned $13.57 million in total compensation in 2008, a 37 percent decline, as the automaker avoided seeking a federal bailout while posting a record loss. Mulally will take an additional 30 percent cut in salary this year and next as he battles a global financial crisis and the worst U.S.