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Kia Proceed (2007): first official pictures

By Chris Chilton First Official Pictures 21 August 2007 09:22 Isn’t that last year’s Proceed concept car? No, but you’re on the right lines. Our first glimpse of the Ceed was the Proceed concept, a sharp-looking three-door with hints of Audi A3 in the styling.

Saab on brink of closing after GM rejects rescue plan

Saab Automobile filed for bankruptcy on Monday and is on the brink of shutting for good after former owner General Motors rejected a rescue plan. The move sets the scene for the end of Saab's struggle to survive after months of hastily drawn-up deals for a company that hasn't made a vehicle in months. The latest plan involved Chinese automaker Zhejiang Youngman Lotus Automobile, but this was vetoed by GM, still a key Saab supplier, over the weekend "After having received the recent position of GM on the contemplated transaction with Saab Automobile, Youngman informed Saab Automobile that the funding to continue and complete the reorganization of Saab Automobile could not be concluded," Saab's Dutch owner, Swedish Automobile, said in a statement.

BMW 1- and 3-series coupes to become 2- and 4-series

BMW is shaking up its badging strategy and will turn the next-gen 1-series and 3-series sporting derivatives into the 2-series and 4-series. Two-door Ones and Threes - the coupes and convertibles - will in future be rebadged as the BMW 2-series and BMW 4-series. Why exactly are they rebadging BMWs as 2-series and 4-series?