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2014 Mercedes-Benz S63 AMG revealed

Mercedes-Benz's AMG performance-car division has officially revealed its new 577-hp S63 AMG ahead of the rapid sedan's public Frankfurt motor show debut in September. Several traditional AMG styling mods distinguish the S63 from recently introduced but lesser S-class models (“S-class Stunner,” Autoweek, May 27). They include a deep new front bumper, chromed blade grille, twin-turbo V8 badges on the side and beefed-up sills.

Peugeot-Citroen signs £1.3bn rescue deal

French car manufacturing giant PSA Peugeot-Citroen has signed a £1.32 billion deal with Chinese carmaker Dongfeng Motors and the French government to secure its future. The far-eastern firm and the French government will each invest €800 million (around £660 million). Both organisations will receive a 14% stake in the business.

Technicon opens new Rüsslesheim studio

The creative arm of global automotive specialist, Technicon Design, has opened a new European studio in Rüsslesheim, Germany. As part of a grand opening late last year, selected clients where invited to view the new center. The new studio takes occupancy in the historic former Opel factory in the heart of the town in the Rhein-Main region of Germany.