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Production of Peugeot iOn and Citroen C-Zero EVs halted

Production of the Peugeot iOn and Citroen C-Zero – both the Mitsubishi i-MiEV under the skin – has been halted by Mitsubishi. The Peugeot iOn EV arrived at the Frankfurt Motor Show three years ago and the Citroen C-Zero EV arrived a few months later, heralding PSA’s arrival in the EV market with a car based on the Mitsubishi i-MiEV. But the prices were frankly horrible at £33,155, more than four times what you’d have to pay for a Citroen C1 or a Peugeot 107 with the 1.0 litre petrol engine.

Bentley at Geneva: Bentley Mulsanne – all the details

Bentley has release comprehensive specs for the 2010 Mulsanne Bentley has now finished producing cars of the pre-VW era. The last of the old-school Bentleys have now rolled off the production line and we now have a clean sweep of modern-day Bentleys. The Continental GT has spawned umpteen variants – including the Continental Supersports Convertible which is also here at Geneva – but the real focus at Geneva is on the replacement for the venerable Arnage.

Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED

Saab: China to invest $7.5 billion Update: We have now been told by Saab that Pang Da and Youngman are to provide €50 million immediately and €600 million for short to medium finance. Funding for the revised business plan and provide long-term financial stability the new Chinese owners have also budgeted funding for the planned expansion of Saab Automobile’s portfolio and additional operations to be set up in China There will be a reduction of 500 in the employee numbers. Sales targets for 2012 of 35-55,000 cars and 2013 of 75-85,00 and long-term of 200,000 cars a year Interestingly, Saab says that ‘Saab Automobile has not received the funds from Pang Da and Youngman that have been committed for today.’ Oh, well. Although the deal which will see Saab sold to China’s Youngman and Pang Da is still subject to a raft of approvals – Swedish Debt Office, EIB, GM, Chinese Government… – it seems the Chinese have big plans to invest up to $7.5 billion in Saab in the coming years.