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Kia Koup concept

By Liz Turner Motor Shows 20 March 2008 20:58 Kia’s Koup. If you saw this compact coupe concept without its badges and had to guess who made it, there’s no way your first guess would be Kia. Its lines are simple and sporty, not a million miles from a Ford Puma.

Saab gets latest lifeline via $5 million infusion from Chinese company

Saab has been on the edge of collapse since a cash shortage early this year forced it to halt production. Now Automotive News reports that a last-minute payment from China's Zhejiang Youngman Lotus Automobile has given the Swedish carmaker yet another shot. Youngman wants to get a stake in Saab and has taken the first step by giving the company $5 million to cover tax expenses, with another $26.43 million forthcoming for unpaid salaries and $13.18 million more before the end of December.

Go-ahead for £1bn Wales motorway

A £1 BILLION new motorway in south Wales has been given the go-ahead by the Welsh Government. Ministers say a preferred "black route" between Junctions 23 and 29 of the M4, including a new crossing of the Usk south of Newport, will boost the economy as well as ease congestion. But opponents say improving existing roads around Newport would be cheaper as well as kinder to the environment.