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Smart car inventor Nicolas Hayek dies

Nicolas Hayek, the engineer and industrialist who founded the Swiss watch company Swatch and brought the world the Smart car, died on June 28 of heart failure at his office in Switzerland. He was 82. Hayek saved the Swiss watch industry from lower-priced Asian competition in the early 1980s by offering colorful, inexpensive Swatch timepieces that he backed with equally colorful marketing.

Cadillac reveals second-generation SRX crossover

Cadillac unveiled the next-generation SRX crossover, a vehicle the company says is redesigned from the ground up and offers new, more-efficient engine choices. The 2010 SRX mid-size will be shown at the North American International Auto Show in Detroit next week. Cadillac says the SRX is aimed directly at Lexus' new RX crossover.

Aston Martin DBS, Virage, V8 Vantage Dragon 88 at Beijing

Aston Martin whipped the covers off a trio of Dragon 88 special editions at the 2012 Beijing motor show - with local-market China-aimed versions of the DBS Volante, Virage coupe and V8 Vantage S coupe. And if you're wondering why Aston is focusing so much of its energies on China, remember this: it is opening 11 - eleven! - new dealerships here in 2012, as it taps into the new found wealth and sales opportunities in this growth market.