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Mercedes-Benz considering Aston Martin buyout

Mercedes-Benz is reportedly considering a deal to buyout sports car manufacturer Aston Martin, which would increase the firm’s current 5% stake in the British brand. Following a deal to supply AMG engines to Aston for its next generation of vehicles (hence the current 5% share), a buyout or even further investment in Aston Martin could be beneficial to both brands. On Bing: see pictures of the Aston Martin Lagonda SUV concept Find out how much a used Aston Martin costs on Auto Trader With Mercedes technical expertise and existing model range, it opens up potential new models to Aston Martin.

Porsche to add 1,000 employees

To keep pace with its planned model expansion and sales targets, Porsche AG will add more than 1,000 employees by 2015, Automotive News Europe has learned from Volkswagen Group sources. About 500 jobs will be added for production of Porsche's new compact SUV, codenamed the Cajun, which will go on sale in 2013 in Europe and in North America about six months later. Porsche's supervisory board will make a decision on the production location of the Cajun in mid-March.

Renault Sand'up concept

This is Renault's new Sand'up concept, developed by Renault Brazil and unveiled today at the 25th Salão Internacional do Automóvel in São Paolo. The modular 2+2 coupé can not only transform into a cabriolet, but it can also be used as a pickup by lowering the rear bench seat. As most pickups in Brazil are bought for their sporty image and not used for heavy workloads, but rather as an adventurous and fun vehicle, the car makes use of the rear passenger compartment by incorporating a mechanism that lengthens the cargo bed by up to 40cm to accommodate a range of objects.