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Rare barn finds on sale: Jaguar E-Type and XK120 head to auction

The motoring world remains full of surprises – here we have a pair of classic Jaguars that had apparently been all but forgotten until they were pulled out of their respective hiding places earlier this year. The blue car is an early E-Type, the silver car an early steel-bodied XK120, both are heading to auction with Coys in the Ascot Sale on 26 October 2013. Please click the image above to read the rest of this story...

Nissan future products: Focus is on technology

Nissan Division will be focused for the next few years not just on how to move its product line forward but also how to produce it less expensively. As the company embarks on a multiyear wave of new technologies and a brand-marketing campaign focused on innovation, it also is looking to bring down manufacturing costs through platform sharing, modular components and common parts. The first example of this new process is the redesigned Versa sedan, which will be assembled in Mexico.

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.