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Armor-plated SUV among extravagant debuts at Top Marques Monaco show

While AutoWeek editors were pounding the pavement at the New York auto show last week, the world's silly rich were nodding polite approval at the Top Marques Monaco show. Included in the debuts were Gemballa, Fisker, Keating, Tirrito and Conquest, the latter of which showed off a ridiculously large, armor-plated SUV called the Knight XV that reportedly took organizers three hours just to maneuver it through the hall doors. Lest we forget that we're all human, Top Marques Monaco also had its “Black Friday at Wal-Mart” moments: According to organizers, Gemballa's world premiere of the Tornado was cut short after it was purchased “within 16 seconds of the show doors opening by a sheikh eager to have a piece of the action.” Full wrap-up release from Top Marques Monaco below.

Volkswagen to launch budget brand, priced from £4800

Volkswagen is planning to launch a new budget brand to challenge the likes of Dacia – and the bargain basement minis will be sold in Europe too. Prices for the yet-nameless new cheap VWs will start from just €6000, or £4800, according to paperwork seen by CAR. How can VW build city cars so cheaply?

Deloitte interviews 677 'millenials,' concludes they're broke

Until artisanal, sustainable, locally sourced craft-beer bars can upend themselves from their Brooklyn brownstones and directly to your Park Slope loft entrance, it turns out that today's youthful generation will still need to buy cars to get places. In fact, they might even be picky about what they spend time in, which means that young people, even "millennials," are doing research on cars and forming their own opinions as smart consumers. Hey, doesn't that sound familiar?