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U.S. equity firm to invest $70 million in Saab

Race-car fan and private-equity executive Alex Mascioli is pumping $70 million into Saab as the Swedish automaker works to stay afloat. Mascioli's firm, North Street Capitol, is buying $10 million in shares of Swedish Automobile, which owns Saab, and is also giving the company a $60 million loan to pay for the carmaker's reorganization. U.S.-based North Street Capital struck a deal in September to buy the Spyker sports-car business from Swedish Automobile for $44 million.

2015 Mercedes C-class photos leaked

Spanish site diariomotor.com found some undisguised pictures of the redesigned 2015 Mercedes-Benz C-class. The styling seems to follow the E- and S-class with hints of the CLA-class as well; the sport model wears its badge in the grille, while the luxury model opts for a hood ornament. The 2015 C-class will launch in the fall of 2014.

Calling All Original Mustang Owners

If you've had your 1964 Mustang under your name and in your possession since it was new (i.e. all 49 years) then let Kathy Miller know. So far she's found 11 people who have had their 'Stangs all 49 years.