Mercedes Mercedes C-class Chassis Brain Box 203 Type, Door; (c230, C240, C320 on 2040-parts.com

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.

One-off 1990 Corvette ZR-1 Spyder saved from sinkhole; video shows extraction

You'll have to excuse the National Corvette Museum's timing -- museum staff are excited to report that a one-off 1990 Corvette ZR-1 Spyder has just been pulled from the sinkhole that opened up beneath the show floor in February, and they want you to know that this isn't some sort of cruel April 1 hoax. Don't believe us? Just watch the video below There hasn't been much headline-making news out of the Corvette museum since the 1 millionth Corvette built was saved from the sarlacc pit in early March, bringing the number of cars returned to ground level to five.

Honda New Small Concept

Honda Siel Cars India Ltd. (HSCI), the Japanese automaker's Indian subsidiary, unveiled the New Small Concept at Auto Expo 2010 in New Delhi yesterday. Previewing a new compact vehicle set to make its market debut in 2011 (in India and also in Thailand), the New Small Concept features a number of characteristic Honda design elements seen on the brand's recent production models and concept cars.