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Concept Car of the Week: Mercedes-Benz C111, C111-II and C111-IID

In 1962, Mercedes-Benz launched a research program to investigate the development of the Wankel rotary engine and its potential both on the road and track. While the early mule wasn't a looker, the prototype's design continued to evolve until a public unveiling of the C111-I concept, designed by Bruno Sacco, at the 1969 Frankfurt motor show. The coupé may have looked like the systematic further development of the Sport Light models from the ‘50s with its gullwing doors, but it wasn't a design study for a new SL.

Bernie keeps Williams F1 afloat

These are troubled times for Formula 1. Honda, rich as it is, has bailed out of F1 and is still looking for a buyer. Other teams are struggling to make a budget that adds up, despite the backing of billionaires and car manufacturers.

Jaguar Land Rover – Clever Finance Deal

JLR releases £170 million by financing cars in transit Car makers have been begging lines of credit from wherever they can in the last year as the recession has bitten hard in to their finances. Jaguar Land Rover started off down the Government Loan route, but it soon became clear that the strings attached to any Government sourced finance where unacceptable. But in a sign that the future of JLR looks pretty rosy JLR managed to secure £175 million in private financing back in August as part of a bid to raise £500 million, and Tata have refinanced the loans used to acquire JLR.