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Aston Martin in talks with Mercedes to build SUV
Tue, 01 Apr 2014The Lagonda SUV is looking more likely as AML talk to Mercedes The Aston Martin tie-up with Daimler’s AMG to produce new engines for Aston Martin was always likely to be just the tip of the iceberg of co-operation between the 3-pointed star and Gaydon. That’s because it’s not just new engines that Aston Martin needs, but new platforms too to replace its one and only ageing platform. And the first candidate for platform donation from Mercedes was always likely to be an SUV platform to build a Lagonda SUV on.
Supercar design contest's final three announced
Mon, 16 Dec 2013Dutch supercar maker Vencer has announced the top three entries in its design contest, which challenged the global design community to submit ideas for its second model. The competition, launched in May last year, saw around 90,000 voters judging over 350 designs on its website. From these, the three with the most ‘likes' were chosen.
News watch February 2012: today's auto industry news
Wed, 29 Feb 2012Welcome 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-hour Wednesday 29 February 2012• Following on from yesterday's news of a cross-holding between PSA and GM, it now appears that Peugeot Citroen would offer a €1bn rights issue to create cash and strip back jobs as part of its proposed alliance with GM (Automotive News Europe) • The Bloomberg Riskless Return Ranking, a survey of investor performance, suggests that Kia has outperformed all 22 other car makers with a risk-adjusted return of 9.2% in the past five years. Second highest was Hyundai, whose shares rose 4.8% in the same period (Bloomberg)• Fisker has a new chief executive officer, as founder Henrik Fisker moves to executive chairman. The new boss is Tom LaSorda, the former top man at Chrysler pre-bankruptcy (Fisker)Tuesday 28 February 2012• General Motors is in talks to buy a 5% to 7% stake in PSA Peugeot Citroen, according to reports by news agencies Bloomberg and Reuters.