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MG Icon wins Best Concept: Beijing 2012

MG Icon at Beijing The MG Icon – an SUV/Crossover Concept – has won the ‘Best Concept’ Award at the Beijing Motor Show from Autoweek Magazine. Just before the Beijing Motor Show kicked off we got the first sketches of the MG Icon, a compact, funky SUV Crossover in the mould of the Nissan Juke with an MGB bonnet and grill. Sounds odd, but looked pretty good.

Lincoln gets own design studio

Ford is creating a dedicated design studio for its luxury brand Lincoln in an ongoing bid to rejuvenate the brand and position it further apart from the core Ford offering. The new design studio will be situated in the Product Development Center in Dearborn, Michigan, with Max Wolff – recruited from Cadillac last year – charged with leading the brand in its revival efforts. Ford has also announced that it will be increasing spending on the brand, giving it unique interiors and powertrains.

To thwart speculators, Lexus will lease, not sell, 500 LFAs

Lexus has a plan to head off speculators when its limited-edition LFA sports car goes on sale in January 2011. The company will offer only two-year leases for the $375,000 two-seater, said Brian Smith, vice president of sales and dealer development for Lexus division. Lexus will hang on to the vehicle's title.