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Honda CR-Z Mugen arrives February 2012

Honda Mugen CR-Z will cost under £24k Honda told us that the Mugen CR-Z was just a concept, but now we learn that the hot CR-Z will arrive in the UK in February 2012 from ‘under £24k’. The Honda CR-Z is a decent enough little car; it has sporty handling and sporty looks, but it’s a real anti-climax to drive thanks to its 1.5 litre hybrid setup. Stung by criticism of the CR-Z’s performance, Honda got Mugen to have a play with its sporty little hybrid this year, and they did what Honda should probably have done from the start – strap on a supercharger to the hybrid lump.

Mercedes sacks U.S. boss Ernst Lieb

Mercedes boss Ernst Lieb let go In a surprising move, Mercedes has upset its apple cart in America by sacking its CEO, Ernst Lieb. It’s hard to work out why Leib has been given the heave-ho, especially considering Mercedes USA is riding high at the moment on the back of strong sales and well-received models in the U.S. Under Lieb’s leadership Mercedes has enjoyed sales up 10.4 per cent for this year, a performance that is outstripping the market as a whole.

Going, Going, XC90 Gone

THE First Edition of Volvo’s all-new XC90 – 1,927 individually numbered cars only available for sale online – sold out in 47 hours. Most of the cars were reserved within one hour from when the sale started. At its peak, seven cars were sold every minute.