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Peugeot 3008 Hybrid4 (2010) first details

Peugeot has released details of its new 3008 Hybrid4, the world's first hybrid production car with a diesel engine under the bonnet. So far all car makers dabbling in hybrid technology have plumped for petrol engines, primarily on the grounds of cost and the fact that countries such as the US, Japan and many emerging markets still prefer unleaded to derv.We saw the concept 3008 Hybrid4 in 2009 at the Frankfurt motor show, and now Pug has turned it into reality. The Hybrid4 employs PSA's 2.0-litre oil-burner allied to an electric motor, and offers claimed fuel economy of 74mpg and CO2 emissions of 99g/km, slipping – just – under the 100g/km barrier.

Saab ends deal with Chinese investors

Saab owner Swedish Automobile scrapped a $340 million investment deal with Chinese automotive companies Zhejiang Youngman Lotus and Pang Da after they proposed a buyout, straying from the original deal. Youngman and Pang Da signed a nonbinding agreement in July to take a combined 53.9 percent stake in Swedish Automobile. The Chinese companies say circumstances have changed since that time, so the deal should too.

Michelin Recognizes CCS Student Talent

Five senior students from the Transportation Design Department of the College for Creative Studies (CCS) in Detroit have won prestigious design awards at the 21st Annual Michelin-CCS Design Competition. The creative brief for the competition theme "Electrifying - Beautiful, Innovative and Radiant" required the students to submit electric vehicle design solutions they could realistically envision driving in the year 2020, as well as designs which addressed a specific transportation problem or opportunity. Each student also submitted a separate tire/wheel assembly based on Michelin's Active Wheel technology.