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Wild Peugeot 308 R Concept set for Frankfurt debut

Peugeot has spiced up the launch of the all-new Peugeot 308 by teasing us with photos of the 308 R Concept to be launched at the Frankfurt Motor Show. And while we could suggest Peugeot has got the Golf GTI and Focus ST in its sights, we like to think of the 308 R Concept more as a grown-up version of the Peugeot RCZ R. And although the 308 R Concept is unlikely to become anything other than a limited-run special, it certainly raises the prospect of a super-hot performance 308.

Smart's $99 loan deal has big balloon payment at end

Hoping to benefit from the federal cash-for-guzzlers program, Smart USA has set up a $99 monthly payment for buyers who use their $4,500 rebate. But there's a catch--and a hefty balloon payment disclosed only as a note to an asterisk in Smart's press information announcing the offer. The Smart financing is for $99 a month for 36 months, with a balloon payment of $6,667 due at the end.

Citroen C1 ev’ie Electric Car launched

The Citroen C1 ev'ie - the UK's first proper all electric car - launched today Based (obviously) on Citroen’s baby C1, the C1 ev’ie aims to be as car-like as possible, but offering all the economies (and most of the drawbacks!) of an electric car. The donor cars are supplied by Citroen  UK and the company claims that 50% of the value of the car is generated in the UK with the conversion to all electric drive. Designed to have a range of 60-70 miles this is a city car, pure and simple.