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Peugeot 207 facelift revealed

The Peugeot 207 Range has received a facelift There are a plethora of 207 models in hatchback, SW and CC forms, with no less than 12 engine options in total. All models receive a revised front end, additional exterior body colouring and chrome detailing. The hatchback and CC also get new LED tail lights.

Mitsubishi takes its Evo X racing

By Ben Whitworth First Official Pictures 16 September 2008 13:22 Mitsubishi is taking its Evo X racing. Working with ADR Motorsport - the team that already builds and runs the two-works Mitsubishis currently competing in the British Rally Championship – Mitsubishi will enter a race-prepped Evolution X into the Britcar Championship.Driven by BTCC regular James Kaye, the Mitsubishi works entry will wear the official red and chrome Ralliart livery and make its public debut at this weekend’s Britcar 24-hour race 'It is anticipated that the engine will develop around 400bhp which, together with the Evo’s four-wheel-drive system and inherently good chassis, should make it a highly-competitive package,' said Kaye. If all goes well, Kaye will contest a full season in the 2009 Britcar Championship series.

Ford burns through $5.5 billion in 4th quarter as losses mount

Ford Motor Co., the only U.S. automaker operating without federal loans, burned through $5.5 billion in cash during the final three months of 2008 as losses mounted. Ford finished the year with cash reserves of $13.4 billion.