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Senate releases $350 billion more in bailout money

The Senate voted Thursday to release a second round of $350 billion in federal aid to rescue financial institutions. The money could be the source of additional loans to automakers, auto finance companies and perhaps suppliers. An earlier allocation of $350 billion funded the first installments of emergency loans to General Motors and Chrysler LLC.

Hyundai i30 hits a million

Hyundai has revealed it has now built more than a million i30s with European sales accounting for 500,000 of those sales. Get over the latent badge snoberry and the Hyundai i30 is a family car that can be considered a real alternative to the leading cars in its sector – the VW Golf and Ford Focus – with a good combination of style, equipment, decent driving dynamics and cost. Set aside that badge snobbery and any buyer looking for a family car should really have these three – the i30, Golf and Focus - on their top three list; the rest is down to a subjective judgement.

2013 Renault Clio Sport Tourer (Estate) revealed in video

The estate version of the 2013 Renault Clio – the Renault Clio Sport Tourer – has been revealed in a Renault promo video. It was only last week we had the reveal of the 2013 Renault Clio, a new Clio Renault hopes will revive the flagging fortunes of the Clio, a car that used to underpin Renault’s sales in the UK. As part of Renault’s PR offensive, they’ve produced a video outlining the design and production process for the new Clio; lots of arty types penning stunning shapes, new Clios undergoing testing and the shiny new Clio rolling off the production line.