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Peugeot Adds Estate To Acclaimed 308 Range

FRENCH car maker Peugeot had released details of its new medium-size estate, the 308 SW, which should start hitting showrooms in June. Hoping to build on the success of its recently launched 308 hatchback, the SW promises the same level of standard equipment, Peugeot’s newfound bold approach to exterior design and wallet-friendly petrol and diesel engines. Prices will start from £16,895 for the entry-level 110 horsepower 1.2-litre petrol model, while engine stop-start, both manual and automatic gearboxes will be offered along with selected engines dipping to 85g/km CO2.

To thwart speculators, Lexus will lease, not sell, 500 LFAs

Lexus has a plan to head off speculators when its limited-edition LFA sports car goes on sale in January 2011. The company will offer only two-year leases for the $375,000 two-seater, said Brian Smith, vice president of sales and dealer development for Lexus division. Lexus will hang on to the vehicle's title.

European car sales crash

Renault saw its sales fall 23.7 per cent in February Car sales across Europe have fallen nearly 10 per cent in the economic gloom, with Renault, Peugeot Citroen, Fiat and Opel the big losers. There’s been a big decline in new car sales across Europe in February, with monthly sales down almost ten per cent compared to 2011, and it’s the mainstream car makers who are suffering the most. Sales for Renault are down by a massive 23.7 per cent to 86,402, Peugeot Citroen did almost as badly with a drop of 16.5 per cent to 118,381 and Fiat suffered the same percentage drop with sales of 66,249 (Alfa Romeo sales actually fell by 28.5 per cent).