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Mandelson to announce help for car makers
Tue, 27 Jan 2009Lord Mandelson is the man charged with finding ways to fund UK Car purchases (yes, he of the dodgy mortgage debacle – at least he should know a few tricks!) as the credit crunch has dried up funding, leading to an unprecedented drop in new car sales in the UK. Mandelson is due to make a statement in the Lords just after 3pm today, outlining the help the government is going to offer to ailing car makers. Central to this package is expected to be a funding channel directly from the Bank of England to inject liquidity in to the car financing sector.
Artist Barry Rowe produces Pebble Beach concours poster
Tue, 14 Jun 2011Automotive Fine Arts Society member Barry Rowe has produced the poster art for the 2011 Pebble Beach Concours d'Elegance, set for Aug. 21. Rowe's artwork features the Mercedes-Benz No.
Suzuki fuel cell Concepts at Tokyo
Wed, 07 Oct 2009The Suzuki SX4-FCV hydrogen fuel cell concept will show at Tokyo Suzuki are going to be bringing three fuel cell concept vehicles to Tokyo. The first is the SX4-FCV which uses an 80KW Fuel cell produced by General Motors, which is fuelled by a hydrogen storage tank pressurised to 10,000 psi. A capacitor irons out the flow of power to the 68KW electric motor and benefits from regenerative braking.