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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.

Hyundai ix35 Facelift goes further in Korea – and looks better for it

Last year we had spy shots of the Hyundai ix35 facelift floating round Korea – Hyundai’s home market – which showed a much more convincing nose than the, then, ix35 in Europe, but they eventually turned out to be photos of the ix35 FCEV which Hyundai had given a nose much more like the new Santa Fe and which we thought pointed at the 2013 facelift for the ix35. But when the Hyundai ix35 did turn up at the 2013 Geneva Motor Show with a bit of a titivate, it was exactly that – some very minor tweaking which kept the 2013 ix35 looking very similar to the 2012 model. But that’s not happening in Korea.

1949 Ferrari 166MM Touring Barchetta heads for the auction block

A 1949 Ferrari 166MM Touring Barchetta will headline RM Auctions' Automobiles of Arizona event, Jan. 20-21 in Phoenix. This 166 MM, serial number 0024 M, was originally commissioned for the 1949 Paris motor show, where it was shown in yellow and blue, the racing colors of Argentina.