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Daimler takes 10 percent stake in EV maker Tesla

Daimler AG has acquired an equity stake of nearly 10 percent of California electric car maker Tesla Motors Inc., the German automaker said Tuesday. The two companies have been working together to integrate Tesla's lithium-ion battery packs and charging electronics into the first 1,000 units of Daimler's electric Smart car. Daimler said its stake in Tesla will allow the companies to collaborate even more closely on the development of battery systems, electric drive systems and in individual vehicle projects.

Mercedes 300SL Gullwing – the return

Gullwing GmbH are to create a faithful reproduction of the iconic Mercedes 300SL Gullwing The 1950s Mercedes 300SL Gullwing is an iconic car. Remembered affectionately by those old enough to remember it first time round (which I actually don’t!) and associated in the minds of car nuts with Sir Stirling Moss and his exploits in the Mille Miglia (it seems every classic Gullwing that comes on the market is somehow miraculously ‘Driven by Stirling Moss’), it is the epitome of ‘Cool Car’. The huge appeal of the classic Gullwing is also responsible for the direction of the new Mercedes SLS, which pays huge homage to the design of the original.

General Motors EN-V to be branded Chevrolet

Chevrolet was gifted a centennial birthday present today, with parent company GM announcing that its 2030 Vision concept would carry the bow-tie badge. The youthful orientation and entry level positioning of Chevrolet within the GM portfolio subtly earmarks the intended audience for the EN-V, with the device being billed as an inexpensive and attainable urban mobility vehicle. "The EN-V has the potential to reinvent transportation in key markets by creating a new vehicle DNA through the convergence of electrification and connectivity," said Chris Borroni-Bird, GM's director of Advanced Technology Vehicle Concepts.