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Mercedes C-Class Estate (2014) prices to start from £28k

By Tom Gregory First Official Pictures 20 June 2014 11:15 The new Mercedes C-class Estate will go on sale in September 2014, priced from £28,055 for the 184bhp 2.0-litre C200 petrol. Available with a six-speed manual or seven-speed automatic gearbox, the C200 is capable of 51.4mpg and produces 128g/km CO2. Diesel is massively important in the hard-fought executive wagon sector and the 2014 Mercedes C-class Estate comes with a choice of two 2.1-litre BlueTEC engines to begin with.

Fiat wants a crossover to compete against the Volkswagen Golf

Fiat has decided it won't launch a new conventional hatchback to rival the Volkswagen Golf, Europe's best-selling car. Instead, Fiat CEO Sergio Marchionne wants the Italian automaker to replace its slow-selling Bravo compact hatchback with an all-new high-roof crossover inspired by the hot-selling Nissan Qashqai. Marchionne first hinted at Fiat's plan to make the bold product move at the Detroit auto show in January.

Singapore billionaire Peter Lim invests in McLaren Automotive

Singapore billionaire Peter Lim has invested in McLaren Automotive and has taken a spot on the board of directors along with Ron Dennis, Mansour Ojjeh and the Bahrain Mumtalakat Holding Co., McLaren said on Friday. The company declined to reveal the amount of the investment, but privately held McLaren said it is a “significant amount.” More details of the deal will be announced closer to the Singapore Grand Prix. Lim is ranked as the eighth-richest businessperson in Singapore, according to Forbes, and he owns a chain of Manchester United-themed restaurants and bars in Asia.