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Peugeot 308 R heading for production

It looks like the Peugeot 308 R (pictured) is heading for production With the Peugeot RCZ R managing to go from range-topping performance concept to production, it seemed likely Peugeot was aiming at producing a new range of performance cars. And it seems the next could be the Peugeot 308 R. Arriving at the Frankfurt Motor Show as a concept, the 308 R comes with a strange two-tone paint job (meant to evoke the Peugeot Onyx Concept), but with far more to offer than just a paint job that makes it look a different car at the back than the front.

GM posts wider loss, burns through $5.2 billion in cash

General Motors, battered by a global economic collapse and buoyed by U.S. rescue loans, posted its sixth straight quarterly loss and burned through $5.2 billion in cash as revenue shrank by more than a third. The net loss of $9.6 billion in the fourth quarter compares with a loss of $1.5 billion a year earlier.

ENG Automotive Design Summit 2005

 A sunny Stockholm was the venue for the 3rd Automotive Design Summit organised by European Networking Group (ENG) and this year the event, for the first time, was supported by Car Design News. The summit took place April 18-19 in the stylish Clarion Hotel in the heart of Stockholm, close to the 'Gamla Stan' or old town, and was enjoyed by around sixty delegates from the international automotive design community. The two-day summit opened with an interesting introduction by Sebastien Rosel, Product Manager from Dassault Systemes on the new Catia V5 software.