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Peugeot 308 with 3-Cylinder engine sets new Fuel Economy Record. Sort of.

The new Peugeot 308 managed 99.1mpg in a fuel economy run in Spain Fuel economy records are a bit like official economy figures – they have little relevance in the real world. But that doesn’t stop car makers wanting a few headlines proving just how economical their cars can be, and that’s exactly what Peugeot has done with a fuel economy run in a new 308 fitted with their new 130bhp 1.2-liter PureTech three-cylinder turbo petrol engine. But instead of running the 308 in the real world, Peugeot chose to take their car off to the Almeria circuit in Spain – under the auspices of the UTAC (Union Technique de l’Automobile, Motocycle et Cycle) – to set a new record for fuel economy and distance driven on a full tank.

BMW M Performance Automobiles Geneva 2012 launch

BMW X6 M50d - likely to one of the first BMW M Performance Division cars BMW has announced that they are to create a new division of cars -  BMW M Performance Automobiles – to sit below BMW M. This week is the Detroit Auto Show, but car makers are already releasing details of their offerings for the next car show at Geneva in March. Today, BMW has joined that list by announcing they will launch the  BMW M Performance Automobiles division at the Spring show.

Chevrolet Corvette C7 mule caught testing

Editor's Note: The video attached to this story has been removed from Youtube and is no longer available. Chevrolet's C7 Corvette was caught testing out on the open streets, and Autoweek has the video. From the short YouTube clip, this C7 Corvette appears to be wearing different wheels than the C7 that Autoweek published photos of earlier this year.