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Peugeot-Citroen signs £1.3bn rescue deal

French car manufacturing giant PSA Peugeot-Citroen has signed a £1.32 billion deal with Chinese carmaker Dongfeng Motors and the French government to secure its future. The far-eastern firm and the French government will each invest €800 million (around £660 million). Both organisations will receive a 14% stake in the business.

European Parliament: electric cars must make noise

The European Parliament has voted in favour of a European Commission proposal to decrease the maximum allowed noise for new cars, vans, trucks, buses and coaches, in an effort to reduce “vehicle noise nuisance” by 25%. At the same time, the EU has voted in favour of a proposal to force carmakers to fit electric and hybrid electric vehicles with a sound generating device, to improve low speed safety for pedestrians and the visually impaired. On Bing: see pictures of electric cars Find out how much a used electric car costs on Auto Trader The proposed changes, which are expected to become law, would see new car noise levels reduced by four decibels, commercial vehicle noise levels reduced by three decibels.

A younger, sportier look for Mercedes-Benz pays off with U.S. customers

When it comes to design, Mercedes-Benz was long the conservative grande dame of luxury-car makers. Styling was understated and aimed at middle-aged buyers. But a shift toward sportier and more youthful styling, partly driven by U.S.