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BMW ready to shift small coupes, convertibles to even-number nameplates

Reports in Europe say that BMW is planning a shake-up in the naming strategy for its smaller coupes and convertibles, as well as planning to shift its 1-series cars onto a front-drive platform. The nameplate shake-up will have coupe and convertible variants of the 1-series become the 2-series, while coupe and convertible variants of the 3-series will become the 4-series. The changeover is expected to start in 2013, according to a report on the Web site of Car magazine.

GM pays back government loans

General Motors Co. said it has repaid the U.S. and Canadian governments $5.8 billion for loans that helped fund the U.S.

Hyundai Eon Launches in India from £3.5k

Hyundai Eon launches in India from around £3.5k No, reasonable though it would be to assume so, the Hyundai Eon is not a new electric car, but it is Hyundai’s answer to the best-selling small car in India – the Suzuki Alto. Launched on the back of a 900 Crore investment by Hyundai in development and production for the Eon (a Crore is 10 million Rupees, so that’s about £125 million) the Eon is a big push by Hyundai to make a big dent in the burgeoning Indian market. The Eon comes with an 814cc 3-pot 55bhp petrol engine – which won’t exactly have Indian buyers flying along at breakneck speeds – and offers properly decent styling, rather than the toy car styling of something like the Tata Nano.