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Local Motors announces Pacific Northwest competition winners

Local Motors has announced the results of its Pacific Northwest design competition, which asked contenders to create a vehicle for the region's inhabitants. Taking into account nature's four elements - Earth, wind, fire and water - designers the world over answered a brief that called for designs that would enable drivers in the Pacific Northwest to 'thrive in the elements'. Competition entrants were encouraged to create a vehicle inspired by the elements or specifically tailored to allow the users to better experience the elements, all while causing little to no environmental impact.

Volkswagen to buy 42 percent of Porsche, full merger planned

Volkswagen will buy 42 percent of Porsche's sports-car business en route to a full merger by the end of 2011, the companies announced Thursday. VW will pay $4.7 billion for its initial stake in Porsche. It positions the new company to have 10 brands and global sales of 6.4 million, and Volkswagen CEO Martin Winterkorn is likely to lead the entity.

Acura future products: Hybrids joining revamped lineup

Sales have begun to rebound for Acura, American Honda Motor Co.'s luxury brand, and a product renaissance in 2012--complete with a big entry into hybrid powertrains--could provide a further boost. Acura's two crossovers will be redesigned. And while the RL flagship won't have the rear-drive V8 version--those plans were killed in 2009--it will be significantly re-engineered.