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Peugeot HX1 Concept – a low-riding MPV – to debut at Frankfurt 2011

Peugeot HX1 Concept – a low-slung MPV Don’t look at the Peugeot HX1 Concept and think you’ll be walking in to your local Peugeot showroom next year and driving off in one, because you won’t. The HX1 is a showcase for where Peugeot sees the brand going in terms of “…architecture, aerodynamics, modularity, equipment, interior materials, the environment and powerplants.” Just like so many concepts from Peugeot of late – the funky HR1 Concept and the almost Aston Martin-esque SR1 spring to mind – the HRX1 is a crackingly good-looking car. A bit like a Mercedes R-Class with a proper injection of Gallic style and flair.

Bugatti Coachbuild to debut at The Quail

After 73 years, Jean Bugatti's final masterpiece has been completed, and the 1939 Bugatti Type 64 Coupe Chassis (No. 64002) will debut with its recently completed coachbuilt body Aug. 17 at The Quail, A Motorsports Gathering.

Obama calls for shared sacrifice in auto bailout

President-elect Barack Obama says he wants to keep tough conditions on automakers that get federal loans. The companies must develop sustainable business models because it would be unacceptable "to keep them on their lifeline through taxpayer dollars in perpetuity," Obama told The Washington Post. Obama said industry restructuring will require "everybody, from labor to management to creditors to shareholders, giving something up." His comments contradict suggestions that the new administration will relax federal loan agreements reached last month with General Motors and Chrysler LLC, possibly with softer demands on the UAW.