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Spyker, Youngman agree on joint venture

Dutch supercar maker Spyker and the Chinese Youngman Group have agreed on a joint venture to build a new super sport utility vehicle and a group of sedans based on Saab's Phoenix platform. The SUV is scheduled to hit the market by the end of 2014, while no dates for the Phoenix-based sedan were announced. Youngman will invest 10 million euros in Spyker, 7 million of which will be for stock shares constituting 29.9 percent of the supercar company.

2012 Toyota Aygo Fire & Ice Special Editions

New special editions of the 2012 Toyota Aygo revealed The 2012 Toyota Aygo has yet to reach showrooms, but we’re already getting two limited editions – the Toyota Aygo Fire and Aygo Ice. The Toyota Aygo has been given a bit of a refresh for 2012 – just like its Peugeot and Citroen cousins – and even before the 2012 Aygo hits showrooms in the UK Toyota has announced a pair of special editions – the Aygo Fire and Aygo Ice. Both the Aygo Ice and Aygo Fire come with the freshly tweaked 1.0 litre VVT-I petrol engine, which now delivers sub-100g/km emissions and economy improved to 65.7mpg, as well as the tweaks to the nose, new LEDs, restyled bumpers, tinted glass and the smallest of interior tweaks.

Porsche plans a hybrid in every model line

Porsche is counting on hybrid drive to help reduce its fleet CO2 emissions. “In the future, we will have hybrid drive in every model line," development chief Wolfgang Duerheimer said. Earlier this year, Porsche launched a hybrid version of its Cayenne SUV.