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Peugeot RCZ confirmed

Peugeot has confirmed that the Peugeot RCZ will be at Frankfurt in September Peugeot has announced that the Peugeot RCZ (they’re not bothering with the ’308′ bit) will finally hit the roads in Spring 2010. It took a while. Which should mean the RCZ is well and truly sorted, or will it just mean it’s out of date before it even goes on sale?

Ford posts $3 billion quarterly profit

Ford Motor Co. earned $3 billion in the fourth quarter, helped by a large gain from one-time tax items, and its full-year profit rose as U.S. sales and market share increased.

UPDATED: Honda hints at new European advanced design studio

On the eve of the 2011 Tokyo Motor Show, Honda Design's Creative Director, Toshinobu Minami, announced that the company is looking to once again open a design facility in Europe. The announcement came during a presentation at the R&D Center in Waco, just outside the Japanese capital and, while not confirmed, Minami-san strongly hinted that the UK would be a likely candidate to play host to Honda's revitalized European design operations. He cited the country's existing manufacturing and administration facilities, as well as a wealth of new talent from the Royal College of Art in particular.