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Mazda to build new Toyota car for U.S. market

Mazda Motor Corp. will build a Toyota subcompact car at its new plant in Mexico for sale in the United States. The new Toyota will be a rebadged version of the Mazda2 and go on sale in 2015.

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.

Citroen DS 5LS R revealed as high-performance DS5 for China. Debuts at Beijing.

The Citroen DS 5LS R (pictured) heading for a Beijing debut The Citroen DS 5LS was revealed at the end of last year as Citroen’s biggest DS model to date, but as it’s aimed at China there’s little chance we’ll see it in the UK or Europe, where there’s no real market for a stretched DS5. And the same goes for the ‘Racing’ version revealed this morning – the Citroen DS 5LS R – which is heading for a debut at the Beijing Motor Show later this month. Under the bonnet of the DS 5LS R sits the 1.6 litre petrol turbo found in the Peugeot RCZ, where it gets 270bhp, but Citreon have managed to boost that to 300bhp – which should make putting the power down quite interesting.