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Senate releases $350 billion more in bailout money

The Senate voted Thursday to release a second round of $350 billion in federal aid to rescue financial institutions. The money could be the source of additional loans to automakers, auto finance companies and perhaps suppliers. An earlier allocation of $350 billion funded the first installments of emergency loans to General Motors and Chrysler LLC.

Nissan takes on the London taxi

A NEW BLACK CAB is set to make an appearance on the streets of London with the arrival of the Nissan NV200 Taxi. The NV200 Taxi has been developed in London by Nissan and is now undergoing real-world trials in the capital. Nissan says the NV200 will make a more environmentally friendly cab on the city’s streets thanks to its 1.6-litre petrol engine.

2012 Jaguar XKR-S Convertible Price: £103,000 & just 100 UK cars

Jaguar XKR-S Convertible - For Sale at £103k in the UK We noticed yesterday that Jaguar in the US seemed to have confirmed that the US price for the new Jaguar XKR-S Convertible - currently strutting its stuff at the L.A. Auto show – is $138,875, and that the States is getting just 25 cars, which have all been sold. Despite a frantic search of our inbox, we couldn’t find any sign of a UK price for the soft-top XKR-S in the UK, so we got hold of Jaguar who have confirmed the UK list price as £103,000.