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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?

Maserati Kubang

Maserati today unveiled its new Kubang sport luxury SUV, the Italian brands's first foray into the segment. The Kubang, making its debut at the Frankfurt motor show, is said to be the forerunner of the future Maserati range. Previously revealed in concept form at the 2003 Detroit motor show, Maserati claims the production version of the Kubang maintains the main features of its concept precursor, such as the style, engine, suspensions, brakes, handling and performance. The manufacturer has for years been producing sedans, coupes and two or four-seater convertibles, but the Kubang is the first of its kind to be created by Maserati.

Bristol Cars is sold to Frazer-Nash

Bristol Cars has been sold. Kamkorp Autokraft, part of the Frazer-Nash group, has announced it has successfuly acquired the assets of Bristol Cars from the administrators. Bristol entered administration last month, and CAR reported on a potential sale last week.