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Transmissions gone wild!

If you've been car shopping recently, or just paying attention to Autoweek car reviews, you've noticed that the six-speed automatic -- de rigueur as recently as a year ago -- suddenly has ratio envy. The new hotness? Eight- and nine-speed automatic transmissions.

News watch August 2010: today's industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourTuesday 31 August 2010• HSBC has sold its US car loan business to Spanish bank Santander, for an estimated £2.6bn in cash and assumed debt. The move sees the bank further distance itself from the collapsed US sub-prime market (Financial Times, subsription required) • Toll roads do not improve congestion, according to the Campaign For Better Transport. Its claims M6 toll road operator Midland Expressway Ltd is losing ‘tens of millions of pounds’ each year, while conditions on the original M6 have failed to improve (Campaign for Better Transport) Friday 27 August 2010• Spyker, which bought Saab earlier this year, has posted a €139m loss after tax in the first half of 2010 it announced today (Financial Times)• Fiat CEO Sergio Marchionne says the business is performing strongly in the third quarter – and has ruled out selling Alfa Romeo.

Nissan Note (2013) first pictures

This is the new Nissan Note, due to arrive in the UK in 2013. Nissan chiefs are quick to point out that the car shown here is the Japanese market version, and that the car offered to European buyers next year will have design tweaks inside and out, and a different dynamic set-up. What do we know about the 2013 Nissan Note?