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Hyundai ix20 (2010) first official teaser sketch

Hyundai is the latest car manufacturer to join the mini-MPV party, with the upcoming ix20, and ahead of its preview at the Paris motor show at the end of this month, the Korean company has released this teaser sketch. Designed and developed at Hyundai’s European research and development centre in Rüsselsheim, Germany, the ix20 is essentially Hyundai’s version of sister firm Kia’s Venga.  Hyundai would have you believe it’s a little bit of both – the ‘ix’ moniker has been chosen to suggest its cross-over like capability. The Korean manufacturer says the ix20 is ‘a vehicle with the ability to simultaneously serve as a functional people-carrier while providing a dynamic, fun-to-drive experience’; the Venga has shown that it’s a capable and competent, if unexciting, small MPV.

Aston Martin DBS R in the works?

Are Aston Martin working on a DBSR - an uprated DBS? If the rumours are true, and we’re starting to think they are, then the DBS will be following in the footsteps of its predecessor – the Aston Martin Vanquish. The Vanq got an upgrade package after a few years to the Vanquish S (but it seems unlikely that AM will dub the upgraded DBS the DBS S, but who knows?).

Saab gets latest lifeline via $5 million infusion from Chinese company

Saab has been on the edge of collapse since a cash shortage early this year forced it to halt production. Now Automotive News reports that a last-minute payment from China's Zhejiang Youngman Lotus Automobile has given the Swedish carmaker yet another shot. Youngman wants to get a stake in Saab and has taken the first step by giving the company $5 million to cover tax expenses, with another $26.43 million forthcoming for unpaid salaries and $13.18 million more before the end of December.