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MG3 Trophy Championship Concept previews MG Hot Hatch

MG3 Trophy Championship Concept (pictured) previews a future MG Hot Hatch The revival of MG so far has been about delivering rather prosaic Chinese cars given a gloss of credibility with and MG badge. But if MG are to succeed they really need to use some of the heritage of MG to grab buyers attention. That probably means a credible hot hatch rather than a traditional MG Roadster, so the arrival of the MG3 Trophy Championship Concept at MG’s 90th birthday celebrations at the weekend is perhaps a good pointer of the sort of direction we could see from MG in the coming years.

SEMA ups scholarship money for car-crazed college kids

The Specialty Equipment Market Association, better known to most of us as SEMA, has announced a hefty boost to its SEMA Memorial Scholarship Fund for 2013: The top student selected now gets $1,000 more for a total of $5,000 toward an automotive-related college education. Other eligible participants in four-year programs get $3,000—last year, they only received $2,000—and two-year students get their funds doubled to $2,000. In the Buckeye State, one lucky student at the Ohio Technical College will get complete tuition coverage, which is a cool $29,400.

Fiat 500 1957 edition hits showrooms this spring

Fiat will introduce its limited production Fiat 500 1957 Edition that will arrive in showrooms late this spring. The Fiat takes design cues from its vintage Italian roots, giving buyers a throwback feel with its interior and exterior styling. Buyers can get into the 500 1957 starting at $21,200 including destination and handling fees.