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Lexus confirms plans for baby IS

By Ben Pulman Motor Industry 22 October 2008 14:15 Lexus has officially confirmed it will build a BMW 1-series rival. Speaking to the German media, European company MD Tadashi Arashima told reporters: 'We will offer a Lexus in the compact class'. He explained that Lexus needed 'smaller and more efficient vehicles' in the face of European CO2 regulations.

GM and PSA announce four joint vehicle programs

PSA Peugeot/Citroën and General Motors have confirmed they will develop four future vehicle projects as part of their ‘Global Strategic Alliance' as both parties grapple with dwindling sales and spiraling costs in the European market. The first is a joint program for a compact-class MPV for Opel/Vauxhall and a compact-class Crossover Utility Vehicle for the Peugeot brand. The second project has been confirmed as a joint MPV program for the small car segment for Opel/Vauxhall and the Citroën brand.

Toyota's Origami-inspired Geneva motor show stand

Toyota will premiere its new, origami-inspired global stand design at the upcoming Geneva motor show. The new design, dubbed ‘The Wave', is inspired by the traditional Japanese craft, previewed by this paper maquette. The stand will use curves to convey simplicity and "strength and vibrancy, and at the same time warmth and familiarity", according to Toyota.