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Concept Car of the Week: Opel CD (1969)

Despite its sophisticated suspension and spacious interior, Opel struggled to sell its big Diplomat luxury sedan. It was 1968 and Opel simply couldn't compete with Mercedes-Benz, the leader in that segment by far. Bob Lutz, then a young executive at GM Europe, thought of using the sedan's chassis to create a large GT Coupe in an attempt to boost both its sales and profile.

UPDATED: Aston Martin sold

By Phil McNamara Motor Industry 12 March 2007 09:38 Aston Martin is today under new owners, following the sale of Britain’s premier sports car company to an investment consortium. After 20 years of ownership, Ford divested itself of the brand, its facilities and its products, in a deal valuing Aston at £479m.   The new owner is a consortium led by David Richards, boss of automotive consultancy Prodrive, who helped to unite two private investment companies from Kuwait. Adeem Investment, which already owns the Grosvenor House Hotel in London, has a portfolio worth $1.5 bn.

New third-generation MINI at 2013 Los Angeles Motor Show

Headlineauto It's been a busy week for BMW's posh tot brand MINI. The third-generation of the modern MINI was unveiled in London and Oxford on Monday and within hours received simulatneous debuts in Tokyo and Los Angeles, too. MSN Cars was at the event in LA and crowds gathered to hear the design team explain the changes on the new MINI hatchback.