Ford May Announce Mercury's Death at a 3:00 PM

If we are to believe a report from Detroit News, Ford Motor Company may very well confirm the axing of its Mercury brand in a press conference this afternoon in which the automaker is said to talk about "brand and product strategy". The report goes on to say that Ford is also likely to announce that the new compact model that was planned for Mercury will be launched under the Lincoln brand. Stay tuned on Carscoop for more details on this developing story.

Via: Detnews

PSA Peugeot Citroën to launch three-cylinder turbo

PSA Peugeot Citroën have announced that it will spend €175 Million to tool up one of its engine plants to build a new turbocharged inline-three cylinder engine. The Douvrin engine plant will have a capacity of 320,000 powerplants per year starting in early in 2013. The 1.2-liter engines will join a normally aspirated version that debuts one year earlier.

While PSA is one of the world leaders in diesel engine technology, this new engine is a gasoline-fueled unit. The high-volume commitment to a downsized gasoline engine is a sign of the increasing difficulty of meeting both new carbon dioxide emissions standards and nitrogen oxide standards that are part of the Euro VI package.

While PSA has no current plans to sell either Peugeot or Citroën vehicles in the United States, we are likely to see some three cylinder units coming from other automakers in the next few years including BMW, Mercedes-Benz, Volkswagen and possibly Ford with a rumored 1.2-liter Ecoboost.

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Citroën DS3 (10 on)

New price range	£11,700 - £15,900
What will it be worth in 1-3 years?

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Summary

• Genuinely great to drive, high-quality feel, stylish and chic look, low running costs, wide range of customisation options
• Lacks the image of a MINI

The DS3 is the first in a range of very different Citroen models that put the emphasis on style and personality, along with strong performance and driver appeal. With its stylish look and compact size, it's easy to see why so many comparisons have been drawn with the popular MINI and Fiat 500. In contrast to those two, the DS3 isn't a 'retro' model, but it is similar in many ways with an elegant cabin, a sporty stance and impressive handling. It really is great to drive with tremendous poise in corners and responsive steering, while the ride remains forgiving. It's also very well built - something that can't be said for all Citroens - with a genuinely premium feel to the interior and impressive refinement at higher speeds. Overall, it's the best car Citroen has made for a long time.

Top Ten Cars to Look Forward to in 2010: #3 Hyundai Sonata

The 2011 Hyundai Sonata is a potential game-changer for the popular midsize sedan class, and will go head-to-head with industry stalwarts, the 2010 Toyota Camry and 2010 Honda Accord. Hyundai plans to take a different approach to power delivery and will offer a smaller, more fuel-efficient engine in their midsize sedan as opposed to large-displacement, fuel-thirsty V6s found in both the Accord and Camry.

The engine residing between the fenders of the Sonata will be a 2.4-liter 4-cylinder power plant producing 198 horsepower and a very solid 184 lb/ft of torque while getting fuel economy of 23 mpg in the city and potential class-leading fuel economy of 35 mpg on the highway. For those who (including us) pine for even more horsepower, a turbocharged variation of a similar engine will be available approximately one year after the initial release of the ‘11 Sonata, which would produce around 250 horsepower. Pundits & purists needn’t worry, as a Hybrid model is also in the works.

The 2011 Sonata will grow in size compared to the outgoing 2010 Sonata, and will be classified by the EPA as a large car, which is exactly what happened when Honda released the new Accord back in 2008, but the Sonata will best it by boasting a class-leading 120 cubic feet of interior volume (both the Camry and Accord have 101 cubic feet by comparison).

After seeing and driving the 2010 Hyundai Genesis, we are adamant that the 2011 Hyundai Sonata will be a surefire hit when it is released later this month because it will offer the midsize car shopper more value than anything available in its class.

For more click to the dedicated Hyundai Sonata website.

Check back later tomorrow for CarsDirect’s Top Ten Cars to Look Forward to in 2010: #2…