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Microsoft increases stake in auto industry

Having reshaped a big piece of the world's economy around its Windows software, Microsoft Corp. now wants to do the same thing in the car business. What the Seattle giant sees there says as much about the future of cars as it does about itself.

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.

Honda Civic (2011) at Frankfurt motor show

This is the ninth generation of Honda’s small car star, which has gestated from trend setting (Civic Mk1 of 1972) to stylistically dull if technically advanced (most) to sci-fi-style wacko but technically mainstream (Civic Mk8). New Civics, over the years, have been about as easy to forecast as David Beckham’s next hairstyle as Honda engineers – never the most predictable bunch – veer from brave to bashful. The new Civic, unveiled at the 2011 Frankfurt motor show, is eye-catching although less off-centre than generation eight, and is closed basely mechanically on its predecessor.