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Peugeot 508 leaks early

The Peugeot 508 Estate - turns up a day early It seems like a very long time (it was November last year) since we first reported that Peugeot are dropping the 407 and the 607 and replace them with a new car – the Peugeot 508. Which makes sense, with the 407 getting a bit long on the tooth and the 607 selling nowhere but Paris. We got the first official view of the 508 in the 5 by Peugeot concept at the Geneva Motor Show at the start of the year, and a good looking and elegant Peugeot it looked.

New Denza EV brand to be launched by Daimler-BYD joint venture

Mercedes-Benz sources have confirmed that Daimler and BYD Auto's Chinese joint venture is set to launch Denza, a new zero-emissions brand. The first Denza will be unveiled at next month's Beijing motor show and is based on the underpinnings of the first-generation Mercedes-Benz B-Class W245. The car's design is believed to have been undertaken by Daimler's Advanced Design Center in Beijing, led by Olivier Boulay.

GM to shut down Saab

General Motors will shut down Saab after the automaker wasn't able to conclude a deal to sell the brand to Spyker Cars, GM said on Friday. “Despite the best efforts of all involved, it has become very clear that the due diligence required to complete this complex transaction could not be executed in a reasonable time," GM Europe president Nick Reilly said in a statement. "In order to maintain operations, Saab needed a quick resolution.