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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.

Fiat to build a 'baby' Jeep, Fiat derivative in Italy

Fiat will build a "baby" Jeep in Italy to sell in Europe and possibly also the United States, two company sources told Automotive News Europe. The new Jeep will be smaller than the Patriot and Compass. The model will be produced in Fiat's home plant of Mirafiori in Turin, alongside a similar vehicle for the Fiat brand that will replace the Sedici and an Alfa Romeo subcompact car for sale in Europe and North America.

CDN-GM Interactive Design Contest 2013 is launched with Chevrolet design brief [w/Video]

The CDN-GM Interactive Design Contest is now open, so it's time to pick up your pencils, sketchbooks and tablets for the chance to win one of four three-month paid internships at one of GM's design studios.  Open to all full-time college or university students with at least one term left from across North America, this contest is a great chance to get noticed by one of the world's biggest carmakers and be used as a springboard for your car design career. You have until 1 November to submit your designs, but judges want to see your progress as well your final entry. They will be looking for proof of your thought process, project development and overall progress using customer and market research as well as inspiration and mood boards.