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Tanner Foust gets eponymous hotted-up Ford Focus ST from Cobb Tuning

Racer and Top Gear USA host Tanner Foust has partnered up with Cobb Tuning to create a special-edition Ford Focus ST. The limited-edition hatches will come packing a reflashed ECU, special intercooler, tweaked intake and freer-flowing exhaust for up to 20 percent more power than the stock creation. Cobb says that the changes should push the final dyno figure to above 300 horsepower. Buyers can also expect to find special carbon fiber aerodynamic bits on board along with a new grille, graphics and wheels. Cobb hasn't released pricing on this Tanner Foust Edition Ford Focus ST as of yet, but you can bet the whole kit won't be cheap.
Fortunately, the company will sell you bits and pieces from the overall package for your Ford, and word has it engineers are also whipping up a Foust Fiesta ST. Look for Cobb's Focus ST website to go live next month, complete with accurate specs and pricing. Until then, enjoy clicking through the gallery here. You can also check out the full press release below.

EU formally questions French government assistance of Peugeot's finance arm

Recently, the finance arm of PSA/Peugeot-Citroën was in such debt trouble that it was pricing itself out of the car loan market. The rates it was paying to service its debt, which was rated one step above junk, were so high that it was forced to charge car-buying customers higher rates than they could find elsewhere. This was adding to Peugeot's already impressive woes by sending revenue out the door to competitors.
Two months ago a deal was worked out with the French government whereby the state would provide 7 billion euro ($9 billion USD) in bonds to guarantee the finance arm's loans. The French government could nominate someone to join the Peugeot board, Peugeot would guarantee more French jobs, and on top of that deal, other banks would provide non-guaranteed loans. The government would take no equity stake in the car company.
Although not yet finalized, the arrangement is meant to create some breathing room for Peugeot Finance to lower its interest rates for customers, and a government-nominated board member, Louis Gallois, was recently named to Peugeot's supervisory board. The arrangement was also openly questioned by at least three competitors: Ford, Renault - which is 15-percent owned by the French government after it received state aid - and the German state of Lower Saxony, itself a 15-percent shareholder in Volkswagen.

Ford Focus refresh shots leak ahead of Geneva

In case you haven't been paying attention, Ford has been gradually redesigning its lineup to sport a familiar face. The Aston Martin-inspired grille shape debuted on the Fusion and was soon applied to the Fiesta. Even the front end of the new Mustang takes its cues from the same, and we're sure other models will soon be made-over to fall in line. The next on the docket? The Focus.
Set to be unveiled in little over a week at the Geneva Motor Show, the revised Focus has leaked out a tad early, revealing a mild facelift that bears that same trapezoidal grille with horizontal slats. Along with the new grille, the headlights, lower fascia and hood appear to have been reshaped. Around back there appears to be a new rear bumper and taillights, but otherwise the shape remains largely the same as the current model.
Expect the updates to be applied to all bodystyles offered around the world, including the hatchback, wagon and sedan. The engine lineup is expected to carry over largely unchanged, though the plug-in hybrid powertrain from the C-Max Energi could port over to the revised Focus. Plus Ford seems to have taken the opportunity to spruce things up in the cabin some. Check it out in the image gallery above and watch this space for the official announcement as we pack our bags for Switzerland.