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Last Lexus LFA leaves Motomachi Plant

The very last Lexus LFA – LFA #500 – has left the Motomachi Plant in Japan two years after production started and three years after the LFA was revealed. The idea of a Lexus supercar that cost so much seemed barking mad, but the LFA turned out to be a very special car indeed, not just for its build and performance but for what it meant for Lexus and Toyota – a future that would encompass many of the LFA’s design cues and DNA in future mainstream models. But three years after the LFA debuted, and exactly two years after the LFA went in to production at the TMC dedicated production facility at the Motomachi Plant, Aichi Prefecture, the last LFA – a white LFA Nurburgring Package #500 – has left the building.

World Car Design of the Year 2014 award shortlist revealed

The BMW i3 and Volkswagen XL1 are amongst the contenders for the World Car Design of the Year award as the top 10 finalists in each category of the tenth annual World Car Awards are announced. The full shortlist of nominees for the 2014 World Car Design of the Year Award are: BMW i3; Cadillac CTS; Citröen C4 Picasso; Lexus IS; Mazda3; Mercedes-Benz C-Class; Volkswagen XLR1; Cadillac ELR; Range Rover Sport and Volkswagen XL1. As in previous years for the World Car Design of the Year award, a panel of five design experts reviews all candidates before writing up recommendations for the jury of 69 international automotive journalists to consider.

Chinese bank may join Saab rescue deal

Saab's owner, Swedish Automobile, said on Monday it is discussions with a bank in China and Chinese automaker Zhejiang Youngman Lotus Automobile over a rescue deal for Saab. Reports had said on Sunday that the Bank of China would replace China's Pang Da as an investor in Saab, which is under bankruptcy protection. Swedish Automobile confirmed Monday that it is talking with Youngman and a bank in China about an equity interest, but did not name the bank.