Mercedes® Lifter Socket,3.5mm, 1984-1993 on 2040-parts.com

Gumpert Insolvent

German supercar maker Gumpert has filed for insolvency after a foray in to China failed to realise the expected sales. We’re beginning to wonder if the only garden shed supercar makers actually able to make a go of things are British? Gumpert – German maker of extreme supercars – has instigated insolvency proceedings after its plan to make the newly wealthy Chinese fall in love with its bonkers cars floundered.

Maserati Kubang (2011) at Frankfurt motor show

Yes, yes - CAR Online got a bit excited last week and thought it had scooped the new Maserati SUV when it hadn't. But this one is real: Maser showed the new Kubang concept in the metal at the 2011 Frankfurt motor show. If that badge sounds familiar, that's because Maserati showed a concept car bearing the same name at the Detroit auto show 2003.

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.