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Ssangyong relaunches brand with Giugiaro-designed Korando

Korean brand Ssangyong is back from the dead. After looking odds-on favorite to become another automotive casualty of the global recession after Chinese owner SAIC put it into receivership in early 2009, the 4x4 specialist has found a new owner in 2010 – signing a memorandum of understanding with Indian company Mahindra & Mahindra in August – and has just re-launched its brand with a new car designed by Giugiaro. The fourth-generation Korando mid-sized crossover – prefaced by the C200 concept shown at the April 2009 Seoul motorshow – is due on sale in January 2011 pending the expected completion of the Mahindra deal in November this year.

Nissan GT-R Nismo leaks – gets 595bhp

Nissan GT-R Nismo leaks – gets 595bhp Nissan has been planning to add Nismo performance versions across their range of production cars for the last couple of years, and we’ve seen the Juke Nismo and 370Z Nismo already. Next up is the Nissan GT-R Nismo (even though you’d think it might be tough to make the mad GT-R any more ‘sporty’), an arrival confirmed by Carlos Ghosn back in February when he said “It would be unthinkable for us to develop a range of Nismo road cars without including the GT-R“. Now, ahead of a reveal this week, the first photo of the new GT-R Nismo has arrived together with some detail on what’s on offer.

Deloitte interviews 677 'millenials,' concludes they're broke

Until artisanal, sustainable, locally sourced craft-beer bars can upend themselves from their Brooklyn brownstones and directly to your Park Slope loft entrance, it turns out that today's youthful generation will still need to buy cars to get places. In fact, they might even be picky about what they spend time in, which means that young people, even "millennials," are doing research on cars and forming their own opinions as smart consumers. Hey, doesn't that sound familiar?