Fabtech Fts83503 Dirt Logic 4.0 Front Coilover on 2040-parts.com

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.

Mini aims to add 3 models by decade's end

BMW's Mini brand will add three models by the end of the decade, said Kay Segler, Mini's global boss. Segler would not disclose details about the models but said they will likely use an all-new BMW Group front-wheel-drive platform that debuts with the second-generation Mini Cooper hardtop in 2014. The added vehicles will bring the number of Mini models to 10.

Jay Leno drives the Chevy Camaro Z/28

Jay Leno took one of the first non-GM-employee drives of the new Chevy Camaro Z/28 on his “Jay Leno's Garage” web series this week. He talked with chief engineer Al Oppenheiser at his warehouse about what it took to add the famous name to the proud pony car. We first saw the new Camaro at the New York auto show in March.