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Peugeot 208 GTi Concept (2012) first official pictures

This is the Peugeot GTi Concept, and it's a near-200bhp hot hatch that Peugeot will unveil at the Geneva motor show in March 2012. Unveiled alongside it will be the Peugeot 208 XY Concept.  The Peugeot 208 GTi Concept is technically still a concept, but the hottest Peugeot 208 already runs a THP 156 engine, so the mule our spies spotted cold weather testing is thought to be an early prototype for a production version of the GTi.

Lexus IS 300h promises unrivalled ownership costs

The new Lexus IS - launched at Detroit in January and costing from £26,495 for the IS 250 in the UK – actually offers ownership costs that eclipse diesel offerings from the likes of Jaguar, BMW, Audi and Mercedes, say Lexus. Despite the logical assumption that the complex hybrid powerplant in the IS 300h would cost more to maintain, Lexus say the opposite is true. Because it has no clutch and the starter motor and alternator are integrated they require no servicing or replacement and Lexus has fitted a timing chain instead of a timing belt, so it won’t need regular replacement either.

Who's Where: Bryan Nesbitt becomes General Manager of Cadillac

Bryan Nesbitt, who until last week was General Motors' North American Vice President of Design, started his new role as general manager of the Cadillac brand on Monday, July 27. His appointment, which surprised many, is part of an effort to integrate design, marketing and advertising, which have always been intrinsically linked. While this move marks a significant step change in the positioning of the new General Motors, which, under the direction of product czar Bob Lutz, has seen fit to promote a young designer into such a high level managerial position, it is a triumph not only for Nesbitt, 40, but for all designers: it is the first time that a designer has been promoted to one of the top executive roles at an automotive company.