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Englon TXN from Geely. The new London Taxi? No Chance.

Englon TXN by Geely - supposedly on Tower Bridge A couple of weeks ago we regaled you with the sorry story of the London Cab falling in to Chinese hands. It wasn’t the most shocking story considering how feeble the London Cab has become in comparison to newer offerings like the Mercedes Taxi – which is taking a big chunk of sales from the traditional cab – but still sad to see the iconic London Taxi end up this way. London Taxis International already sourced most of the parts for the TX4 from China and just bolted them together here.

BMW will build electric cars in Leipzig

BMW AG will produce its electric-car range at its plant in Leipzig, Germany, the automaker said on Monday. In addition, BMW factories in Wackersdorf and Landshut, Germany, will produce parts for the so-called Megacity Vehicle. “The BMW Group will build the car of the future in Leipzig with high-tech innovations from Bavaria,” BMW CEO Norbert Reithofer said in a statement.

Lexus takes top spot in Kelley Blue Book's 2014 Best Resale Value Awards

We've always known that used Lexus vehicles keep their values well, and this fact has been recently reconfirmed for a third year in a row by Kelley Blue Book. Lexus took the top spot in the Luxury Brand category in the 2014 Best Resale Value awards, which was actually the fourth time overall that Lexus reached that spot, 2011 being the only year when Lexus didn't place first since the award's inception in 2009. Back In 2011 it was Subaru took took the award for Best Brand for resale values, while BMW took the Best Luxury Brand award for that year.