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Peugeot 308 (2007): first official pictures

By Ben Whitworth First Official Pictures 02 July 2007 01:53 This can only be a Peugeot… You eagled eyed car spotter, you… Yes, it’s the new 308 that arrives here in October after first making its public debut at the Frankfurt motor show in September. Known internally at T7, it’s taken four years and 4000 people to develop, and in a bid to compact its reliability record, each car will undergo an 1800-point quality check on the production line. Not really.

Jaguar Land Rover to create ANOTHER 1700 jobs

1700 new jobs created by JLR to build new smaller Jaguars like the Jaguar Crossover (pictured) We’ve reported on the creation of more and more jobs in recent years by Jaguar Land Rover as Land Rover’s products, in particular, drive forward. But Jaguar is soon to undergo a transformation as a new, smaller range of cars and crossovers join the current lineup of F-Type, XF, XJ and XK to emulate the sales success Land Rover is enjoying, particularly with the Range Rover Evoque. That means yet more new jobs at Land Rover – 1,700 at Solihull – taking the new jobs Jaguar has created in the last few years to 11,000 and an additional  £1.5 billion product creation investment.

Bondholders snub GM, bankruptcy filing likely

Nowhere near enough General Motors bondholders agreed to exchange their debt for stock before a midnight Tuesday deadline, making a bankruptcy filing by the automaker highly likely. GM had set a threshold of 90 percent of the $27 billion in bond debt it wanted to exchange for 10 percent of the stock in a reorganized company for the deal to take place. In a statement Wednesday, GM said the amount of notes tendered was substantially less than the 90 percent target.