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Ssangyong KEV2

Continuing Ssangyong's revival is another new car from the Korean company, the KEV2. Unveiled at the Seoul Motor Show, the KEV2 is an electric version of the company's outgoing Korando model. However, in the pursuit of diversifying the aesthetic between drivetrains, the KEV2 features a new DRG that sees the conventional grille lost and more aggressive, taught LED headlights replace the existing lamps.

New Delta Integrale to spearhead Lancia's UK return

By Phil McNamara Motor Industry 24 July 2006 12:10 An all-new version of Lancia's legendary Delta Integrale will relaunch the brand in the UK, CAR Online has learned. With its turbocharged four-cylinder engine sending power to all four wheels, the Rally-bred Integrale established the formula so successfully exploited by the Mitsubishi Evo and Subaru Impreza STi. Lancia will fight back with a reborn Delta Integrale around 2008, paving the way for the marque's arrival back in the UK market.

Spyker attempting to sell Saab real estate in money-raising move

The next chapter in the Saab cash crunch appears to involve Spyker selling Saab real estate to an unnamed financial institution, with the automaker leasing the property back for its operations. Saab has been forced to shut down production twice in the past few weeks in the wake of unpaid supplier bills, raising concerns that Dutch owner Spyker may be facing a liquidity crunch. The latest move is likely aimed at freeing capital for the automotive operations while the company negotiates for a loan with the help of the Swedish government.