Renaultsport Megane 265 Trophy (2011) first pictures

Renaultsport fanatics rejoice! Renault have dusted-off the Trophy nameplate for the new Renaultsport Megane 265 Trophy, a 500-unit limited edition model. Set to debut at the World Series by Renault race at the Nurburgring on 18-19 June 2011, the Megane 265 Trophy has been developed to take on hot-hatch rivals including VW Group's Scirocco R and Golf R.

Hyundai/Kia – the Hydrogen push.

Hyundai and Kia are making huge strides in to the mainstream car buyer’s conscientiousness. They’ve managed – in just a short time – to move from being an almost laughably cheap option for buyers with no money and even less taste to cars that offer serious and credible alternatives the best from Europe and Japan. So we now think of Hyundai and Kia as a formidable threat to established car makers, but not exactly innovators and pioneers.

Saab files for reorganization, seeks $1 billion to survive

Saab is seeking $1 billion (793 million euros) to be self-financing, the company said on Friday after it filed for reorganization under a self-managed Swedish court process. The General Motors-owned Swedish brand said it will work "to create an independent business entity" and will concentrate production, design and engineering in Sweden. Saab said it would continue to operate as normal during the reorganization process, with GM and the Swedish government providing some support.