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It looks like Aston Martin could be getting AMG/Mercedes platforms too

Mercedes/AMG platforms would make the Lagonda SUV a reality We’d been expecting Aston Martin to get access to Mercedes platforms ever since the Lagonda SUV – based on the underpinnings of the Mercedes GL - arrived in all its ‘beauty’ in 2009. The Lagonda SUV was met with wails of anguish from lovers of Aston Martin’s timeless beauty but, despite the horror at the looks of the SUV, the prospect that Aston Martin could be heading down a collaboration route with Mercedes was welcome. It was welcome because without the support of a major car maker – and access to its technology – Aston Martin would have little chance of a bright future; there is no way a minnow like Aston Martin could afford the development cost of new engines and platforms.

GM to invest $230 million in four Michigan plants to build Chevrolet Volt, Cruze

General Motors Co. said Tuesday it will invest more than $230 million in four plants around Flint, Mich., to help build the 2011 Chevrolet Cruze compact and the Chevrolet Volt plug-in hybrid sedan. The move will restore about 500 jobs, GM said in a statement.

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.