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Peugeot 4008 Compact SUV arrives early

Peugeot 4008 arrives early We knew that PSA were going to take the underpinnings of the Mitsubishi ASX and make them their own. This morning we had the Citroen C4 Aircross and now we get its cousin – the Peugeot 4008. The Peugeot 4008 looks like a very good take on the ASX, with Peugeot’s latest design language in abundance – the new gob is a big improvement – and the promise of some decent compact SUV goodness from the French.

Saab owner and Chinese investors continue talks regarding takeover deal

Talks between Saab's owner Swedish Automobile and two Chinese investors on a takeover deal to rescue the ailing carmaker will continue even though a memorandum of understanding signed by the parties only runs until Tuesday, Saab said. "They (the parties) are still in discussions about the structure of the deal going forward and they are continuing their cooperation as if the memorandum of understanding continues," Gunilla Gustavs, a Saab spokeswoman, told Automotive News Europe. The Chinese companies, Pang Da Automobile Trade Co.

2013 Honda CR-Z hybrid gets power boost

The slow-selling Honda CR-Z hybrid hatchback gets a new lithium-ion battery pack and more-powerful electric for the 2013 model year. The change from a nickel metal hydride battery pack helps boost output from the hybrid powertrain's electric motor from 10 kilowatts to 15 kilowatts. The powertrain's combined output is now rated at 130 hp at 6,000 rpm, up 8 hp from the 2012 model.