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Lajdziak replaces Schembri as the president of Smart USA

Jill Lajdziak, Saturn's former top executive, was named president of Smart USA just three days after starting with the company. David Schembri, who previously held the job, will take an unidentified position with the Penske Automotive Group, which distributes the Smart ForTwo microcar in the United States, the company said. "Dave will transition into retail operations at Penske Automotive Group with our dealerships," said Penske spokesman Anthony Pordon.

New SEAT Ibiza Cupra: Beijing 2012

2012 SEAT Ibiza Cupra The new 2012 SEAT Ibiza Cupra – called a concept but heading for showrooms – debuts at the Beijing Motor Show. SEAT are calling the Ibiza Cupra they’ve debuted at the Beijing Motor Show a Concept, but it’s not really a concept or a new Ibiza Cupra – it’s just the Ibiza Cupra with the updates the rest of the Ibiza has had for 2012. That means a bit of a nose job with glitzy new headlights with LEDs, new grill and big air vents, a revised bumper at the back with tweaks to the lights and some new alloys.

Koenigsegg One:1 officially revealed – it’s not a Supercar, it’s a MEGACAR

The Koenigsegg One: 1 (pictured) officially revealed ahead of Geneva Cars UK exclusively revealed the first details of the Koenigsegg One:1 back in November 2012, and now it’s heading for its public reveal at the Geneva Motor Show next week. So extreme is the One:1 that Christian von Koenigsegg has dubbed it ‘The world’s first MegaCar’, and looking at the specification he may have a point (it has 1 Megawatt of power). The Koenigsegg One: 1 produces a massive 1340 hp and over 1000lb/ft of torque an weighs 1340kg – the world’s first 1:1 power to curb weight ratio supercar – enough to deliver 2G cornering capability together with 610KG of downforce at 160mph thanks to active under and over body aerodynamics.