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New compact Lexus SUV based on Toyota RAV4 on the way

Lexus are planning a compact SUV to slot in below the RX, and based on the Toyota RAV4, to compete in the compact SUV market. Which explains why Lexus are looking for a model to slot in below the hybrid RX (pictured above) – a full size SUV/Crossover – to keep them competitive. And what easier way to go than to take the new Toyota RAV4 and turn it in to a Lexus?

Vauxhall Corsa (2014) in pictures: GM's new supermini grows up

By Adam Binnie First Official Pictures 09 July 2014 00:01 This is the first look at the new 2014 Vauxhall Corsa, which has been redesigned from the ground up in the interest of improving driveability, refinement and comfort. The Corsa supermini is Vauxhall’s best-selling car, and during its 32-year life has clocked up more than 12 million sales across Europe. However, while this fourth generation is the same length as its previous incarnation, the two cars have very little else in common.

Saab: Muller seeking €600 million Chinese Bank loan to placate GM

Saab €600 seeking million China Loan Victor Muller is seeking a €600 million loan from a Bank in China to allow Saab to survive and circumvent GM’s objection to Chinese ownership. We’re not sure if this is ‘Plan B’ or whether we’re way beyond that now. But the latest ‘Save Saab’ pitch from Victor Muller is to acquire a €600 million loan from a bank in China to save Saab.