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Peugeot reveals 308 GT warm hatch

Peugeot had revealed a new GT version of the 308, offering a step-up in performance while buyers await the hotly-anticipated new GTi version. The 308 GT range is offered in both hatchback and SW estate models, with a choice of petrol and diesel versions. The firm has lowered the suspension, enhanced the styling and even introduced a new colour called Magnetic Blue.

Jeep future products: Fiat platforms to underpin 3 vehicles

In the next three years, Jeep will extend its lineup with a new subcompact and a revived Grand Wagoneer. It will also build three vehicles on Fiat platforms. Despite the significant model changes, Jeep will strive to remain true to its off-road heritage.

Crunch watch Dec 08: the auto industry in crisis

By Tim Pollard and Simon Stiel Motor Industry 31 December 2008 14:05 Wednesday 31 December 2008• GMAC, GM's finance arm, said it would immediately revise its criteria for providing loans, after the US government bail-out of the General's credit arm. It will now supply credit for anyone with a score of 621 or more on the Fico scale, the scale used to assess Amercian customers' creditworthiness (Financial Times)• The news means that 80% of US consumers would now qualify for a loan from GMAC – which should improve sales in the depressed US market (Detroit News)• Chrysler is being lambasted for taking out full-page adverts in the American national press thanking the nation for supporting its auto industry. But critics point out this is a fresh waste of bail-out resources, as pages in the Wall Street Journal – one of the titles in which the ad ran – reportedly cost up to $264,000.