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GM and Chrysler in merger talks

By Ben Oliver Motor Industry 13 October 2008 09:12 General Motors and Chrysler are in talks to merge and create the world’s biggest car company. Reports in the New York Times and Wall Street Journal say the talks have been underway since the start of October 2008, and sources close to the possible deal put its chances of success at ’50-50’. All three US car makers have seen their sales decimated in recent months and have been forced to deny that they might seek bankruptcy protection.

Koenigsegg Trevita revealed

The new Koenigsegg Trevita, with diamond finish Carbon Fibre This is the first time that Koenigsegg’s visible carbon weave has been produced in anything other than bog-standard black. But in the Treviat it looks stunning – it shimmers in a  way its namesake would be proud of. The CCXR Trevita will – we assume – come with the same bio-fuel engine as the CCXR Edition, as Koenigsegg has told us that this car will produce the same mammoth 1018 bhp, and sub-3 second 0-60, as the Edition.

Kia Rio (2011): first sketches of new supermini

It never rains, it pours in Kiaworld, it seems. Not long after showing us the new Kia Picanto city car last week and the KV7 concept car at this week's 2011 Detroit auto show, today Kia publishes these first design sketches of the new Rio. It's Kia's supermini to compete with the likes of the Ford Fiesta, Vauxhall Corsa and VW Polo.