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MINI Paceman: First production car photo leaks

With the production version of the MINI Paceman due to debut at Paris 2012 we have the first leaked photo of MINI’s Evoque challenger. It could be argued that the Range Rover Evoque has created a new premium SUV niche all for itself, but that’s not going to stop MINI going after a piece of the action. So the MINI Paceman Concept from the 2011 Detroit Motor Show is going in to production as the stylish coupe version of the MINI Countryman, and MINI has been busy teasing it ahead of the Paris reveal.

Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED

Saab: China to invest $7.5 billion Update: We have now been told by Saab that Pang Da and Youngman are to provide €50 million immediately and €600 million for short to medium finance. Funding for the revised business plan and provide long-term financial stability the new Chinese owners have also budgeted funding for the planned expansion of Saab Automobile’s portfolio and additional operations to be set up in China There will be a reduction of 500 in the employee numbers. Sales targets for 2012 of 35-55,000 cars and 2013 of 75-85,00 and long-term of 200,000 cars a year Interestingly, Saab says that ‘Saab Automobile has not received the funds from Pang Da and Youngman that have been committed for today.’ Oh, well. Although the deal which will see Saab sold to China’s Youngman and Pang Da is still subject to a raft of approvals – Swedish Debt Office, EIB, GM, Chinese Government… – it seems the Chinese have big plans to invest up to $7.5 billion in Saab in the coming years.

Ford Fiesta ECOnetic: On the Drive

We test the new Ford Fiesta ECOnetic to see if it's as 'Green' as it seems But how good would it actually be to live with? We all know that headline fuel consumptions can be misleading, but was this new ‘Eco’ Fiesta really all that economical? We’d had numerous emails and comments after that first drive, all saying basically the same thing: Yes, it headlines at 76mpg, but what will it do in the real world?