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Subaru XV concept

Following the teaser shot we brought you on April 15, Subaru has now revealed the XV concept, a design study that blends ‘exceptional SUV practicality with a fashionable form', according to the company. Designers at Subaru's studios in Japan created the concept around the design keyword ‘Protren' a combination of ‘Professional tool' and ‘Trendy design'. It expresses the integration of "authentic functionality as a professional tool" and "urban and stylish design".

Kia Picanto

Kia is set to unveil its next generation Picanto city car at the Geneva motor show in March in the next step of its continual range overhaul. As these first images show, the diminutive A-segment hatchback has been totally redesigned to give it what Kia describes as a 'bolder, more mature and more self-confident look'. While the outgoing model's high H-point (and corresponding proportions) remain, its DRG has been brought further in-line with the rest of the Kia range, with Venga-referencing headlamp graphics, a 'tiger-nose' grille and a surprisingly dominant trio of faux air intakes.

Spyker signs deal with China's Hawtai Motor to raise funds for Saab

Saab owner Spyker Cars on Tuesday said it has signed an agreement with China's Hawtai Motor Group to form joint ventures for manufacturing, technology and distribution. The agreement will also provide $222 million (150 million euros) funding for Saab, which has been forced to halt production because it cannot pay suppliers' bills. Victor Muller, Spyker CEO and Saab chairman, said the partnership will allow Saab to enter the Chinese car market with a strong Chinese manufacturer.