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Opel / Vauxhall Mocha almost revealed as Buick Encore

Three quarters of the Bucik Encore - the American Mocha The European Opel / Vauxhall Mocha – a Corsa based SUV – has been almost revealed in the US with a tease for the Buick Encore. Just before Christmas we reported on a new Corsa-based SUV on the way from Vauxhall and Opel which looks like it’s going to be the Opel Mocha (and, we assume, the Vauxhall Mocha too). But in this new ‘One World’ for cars, where North America actually gets the sort of cars they would once have derided as too small to consider, the Mocha is also going on sale in the US.

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.

Alfa Romeo Gloria points to new Alfa Giulia

The beautiful Alfa Romeo Gloria Concept looks like it’s a stylised preview of the next Alfa Giulia due in 2015. Debuts at Geneva 2013. But according to Automotive News, the Alfa Gloria is actually a very strong hint at what the new Alfa Giulia will look like when it arrives in 2015 as part of Sergio Marchionne’s plan to revive the Alfa brand and drive sale forward.