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Peel P50 and Trident back in production – the world’s smallest car

Peel P50 and Peel Trident - backed by James Caan The Peel P50 and Trident – the Isle of Man’s contribution to the car world – are now back in production with an electric motor. Top Gear fans will probably remember Jeremy Clarkson taking the Peel P50 – billed as the world’s smallest car ever – for a trolley round London and the BBC (we’ve published the video below to remind you). Now, with the world obsessed with small cars, a bunch of businessmen – backed by former Dragons’ Den Dragon James Caan – are putting the Peel P50 and Trident back in to production.

New Hyundai i30 (2012) previewed ahead of Frankfurt

2012 Hyundai i30 previewed ahead of Frankfurt It’s easy to think of the Hyundai i30 as part of the new wave of Euro-centric Hyundai’s. But it’s now four years old and starting to look like ‘Old’ Hyundai, so we’re to be treated to a new Hyundai i30 at Frankfurt – destined to launch in early 2012. That said, the new i30 is not going to be a radical departure from the current i30, which has been a decent success for Hyundai.

Saab on brink of closing after GM rejects rescue plan

Saab Automobile filed for bankruptcy on Monday and is on the brink of shutting for good after former owner General Motors rejected a rescue plan. The move sets the scene for the end of Saab's struggle to survive after months of hastily drawn-up deals for a company that hasn't made a vehicle in months. The latest plan involved Chinese automaker Zhejiang Youngman Lotus Automobile, but this was vetoed by GM, still a key Saab supplier, over the weekend "After having received the recent position of GM on the contemplated transaction with Saab Automobile, Youngman informed Saab Automobile that the funding to continue and complete the reorganization of Saab Automobile could not be concluded," Saab's Dutch owner, Swedish Automobile, said in a statement.