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Fiat Chrysler recalls 500L, Grand Cherokee and Durango

Fiat Chrysler Automotive (That's going to get annoying) announced a voluntary recall of the 2014 Fiat 500L for a problem with the six-speed dual-clutch transmission. The company also recalled the 2012-2013 Jeep Grand Cherokee and Dodge Durango for a problem with the braking system. With the Fiat, the transmission can be slow to shift out of park or to engage other gears.

Double Oh My! James Bond Aston Martin sells for $4.6 million

Perhaps the single most breathtaking car of the fall auction season, a 1964 Aston Martin DB5--better known as the James Bond car--sold for $4.61 million to Ohio collector Harry Yeaggy on Wednesday at the RM Auctions Automobiles of London sale. The Aston was expected to sell for more than $5 million, and the sale fell a bit short of that, registering a final bid of 2.6 million British pounds, or $4,114,760. Buyer's premiums raise the total sale price to $4.61 million.

Fourth Chinese Auto Design Competition launched

The fourth Chinese Auto Design Contest officially launched in Beijing last week. Sponsored by China's Society of Automotive Engineers, the China Industrial Design Association, the Beijing Municipal Science and Technology Commission and the Beijing Fengtai District People's Government, the competition is the largest and most authoritative state-level professional event. Held biennially, this year's Chinese Auto Design competition is divided into two categories: Design Innovation (which judges current vehicles created by automakers) and Creative Design.