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Mitsubishi's world debut at Paris

By Tim Pollard First Official Pictures 15 September 2008 09:37 Mitsubishi today released this mysterious teaser photo of a new car – thought to be the new Colt – that will make its world debut at next month's 2008 Paris motor show. It's hard to see much from the shadowy pixels that have been issued: it looks like a generic, modern Mitsu with the Lancer's deep grille and wedgy headlamps. CAR expects Mitsubishi to show a heavily revised Colt at the Paris show on 2 October 2008.

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.

New Volkswagen Golf Match arrives to replace the Golf SE

The new VW Golf Match (pictured) replaces the old Golf SE The new MK 7 Volkswagen Golf went on sale in the UK at the end of 2012, but VW are already tinkering with the lineup with the arrival of the new Volkswagen Golf Match, replacing the current Golf SE. Priced from £19,680 for the Golf Match 1.4 litre three-door, the new Match comes with a set of 16″ Dover alloys, but it’s the extra kit for no extra money that makes the new Match appealing. Additional equipment on the Match includes front and rear parking sensors, fogs, mirror pack with automatically folding door mirrors with puddle lights and reverse dip.