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Mercedes-Benz reveals new V-class

Mercedes-Benz has returned to the luxury MPV ranks with a resurrection of the V-class – the commercial vehicle based multiseat van first introduced to the German car maker’s lineup in 1996. Positioned as an upmarket rival to the likes of the popular Volkswagen Multivan, the new V-class was conceived and developed in a joint-engineering program with the third-generation Vito, which it will be produced with at Mercedes-Benz’s Vitoria factory in Spain. Set to go on sale in Europe shortly after its public debut at the Geneva auto show in early March, the V-class is being considered for sale in the U.S.

Skoda Citigo Price & Specs – starts at £7,630

Skoda Citigo Price The Skoda Citigo – Skoda’s version of the VW Up! and SEAT Mii – goes on sale in June from £7,630 for the Citigo S 1.0 MPI. The announcement of price and specification details for the Skoda Citigo completes the three versions of VW’s Up City Car from the VW Group, with the Citigo undercutting the SEAT Mii by £215 and the VW Up!

The Saab Saga – now it’s a share sale to raise cash

Saab Saab sell shares to GEM Global We’re not really sure we see how on earth the announcement from Saab that they are selling shares to raise funds is going to work. But we’ll report it anyway. The information we have is that Swedish Automobile is going to issue shares to help pay the outstanding bills it has, and to meet unpaid salaries for white collar workers.