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Mitsubishi Concept-RA (2008): first official pictures

By Tim Pollard First Official Pictures 14 January 2008 00:59 Mitsubishi picked an elegant way to signal its intention to sell more diesel models in the US; its Concept-RA unveiled today in Detroit is a slinky two-seater coupe that's more likely to turn heads for its sharp looks than its 2.2-litre turbodiesel. It also points to the new Eclipse, which could come to Europe next time round. The sports car is one of the best-looking concepts shown by Mitsubishi for ages, its bright red paintwork contrasted by matt black finish on certain functional body parts, including the top of the engine which actually forms part of the bonnet.

GM officially bankrupt

GM finally enters Chapter 11 Bankruptcy The US Government is to provide £30 billion to fund the transition, with GM being split in to ‘Old GM’ and ‘New GM’. In exchange for the money the US Government will take a 60% stake in ‘New GM’ with all the toxic assets and liabilities being disposed of through ‘Old GM’. The restructuring will allow GM to survive on a third less sales than before (10 million instead of 15 million).

Porsche 960 supercar confusion

Porsche 960 - will sit below the Porsche 918 Spyder The Porsche 960 is a mid-engined Porsche supercar heading for production in 2015 and aimed at the Ferrari 458.  Now firmly in the bosom of the VW Group, Porsche is forging ahead with its plan to dominate every expensive ‘Sporty’ niche on the planet – a bit like Audi, but at a higher level. One of the new models we know about – or are almost certain we know – is on the way is a Ferrari 458 and McLaren MP4-12C competing Porsche 960. The venerable Georg Kacher talked about the Porsche 960 in Car Magazine last year and his utterings made much sense.