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Vauxhall & Opel could merge with Peugeot Citroen.

GM Europe (Opel and Vauxhall) could extend their deal with PSA (Peugeot Citroen) with a Joint Venture or merger. When GM Europe and PSA announced they were forming an alliance earlier this year, we asked if this was an admission that the mainstream car market in Europe had changed forever, and an alliance between Opel, Vauxhall, Peugeot and Citroen was the only way to keep the brands viable. But we did also question what use a projected annual saving of €2 billion by sharing suppliers and co-developing platforms would be to PSA and GM considering their woeful losses.

Mandelson to announce help for car makers

Lord 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.

Infiniti FX Sebastian Vettel edition announced for 2013 release

Infiniti will offer the Infiniti FX Sebastian Vettel version for 2013 delivery in a limited production run of 200 units. First released as a concept at the 2011 Frankfurt motor show in September, the Sebastian Vettel FX comes equipped with carbon-fiber aero accessories, a lowered suspension and a 5.0-liter V8 that churns out 414 hp. Pricing has not been announced, but rest assured that it will be geared toward those with no-holds-barred spending habits.