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Volvo V40 & V40 Cross Country: 2014 updates announced

Volvo are updating the new V40 for 2014 with new engine and gearbox options and a new 4WD option for the V40 Cross Country in Europe. There’s a new petrol engine choice – to go with the existing T3, T4 and T5 – in the 120PS T2 petrol engine, a 1.6 litre which offers 53.3mpg and emissions of 124g/km, a good choice if you don’t like to hustle, don’t do big mileage and pay your own bills. As well as a new engine option, Volvo are offering an auto option on the V40 D2 and V40 R-Design D2 which manages economy of 68.9mpg and emissions of 102g/km.

Sales enthusiasm? Sports-car and luxury brands show strong market gains

Count Porsche among enthusiast and luxury brands enjoying huge sales gains this year. Sales for the German automaker are up 29 percent so far this year-one of the largest increases in the industry. Almost one-third of Porsche's total sales came from the four-door Panamera.

PSA Peugeot-Citroen: Factory closures & 8,000 job losses planned

PSA Peugeot Citroen has revealed it is to close one factory, cut job numbers elsewhere and shed a total of 8,000 jobs as demand for its cars dwindles. When we reported last year that Peugeot Citroen were planning to idle their plant in Trnava, Western Slovakia we said that this was just the tip of the iceberg for Peugeot Citroen, and that they would have to take far more drastic action if they were to survive. They must have been listening.