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Lexus takes top spot in Kelley Blue Book's 2014 Best Resale Value Awards

We've always known that used Lexus vehicles keep their values well, and this fact has been recently reconfirmed for a third year in a row by Kelley Blue Book. Lexus took the top spot in the Luxury Brand category in the 2014 Best Resale Value awards, which was actually the fourth time overall that Lexus reached that spot, 2011 being the only year when Lexus didn't place first since the award's inception in 2009. Back In 2011 it was Subaru took took the award for Best Brand for resale values, while BMW took the Best Luxury Brand award for that year.

SAIC launches first Roewe-MG Cup Automotive Design Awards China

The first SAIC Roewe-MG Cup Automotive Design Awards China have been launched, with the slogan "Design Drives Dreams." SAIC is calling for aspiring designers to demonstrate their talents by designing a future sedan, SUV or MPV for Roewe in 2020. With Roewe's position as a high-end marque, SAIC has highlighted that elegance and innovation as key considerations for entrants. The new design competition was officially announced by executive director of SAIC Technical Center Zhang Cheng at the carmaker's Shanghai-based Design Center.

Mercedes AMG Vision Gran Turismo: 5 to be built – unless Mercedes set their lawyers loose

There are plans to make the Mercedes AMG Vision Gran Turismo (pictured) a reality With the launch of Gran Turismo 6, Mercedes took the opportunity to build a one-off version of the Mercedes AMG Vision Gran Turismo Supercar, and took it off to the Los Angeles Auto Show to sprinkle a bit of Gran Turismo fairy dust on proceedings. There are no plans by Mercedes to build the stunning looking AMG Vision Gran Turismo, but that hasn’t stopped Florida company J & S Worldwide Holdings from stepping up and offering a short run of recreations of the car. J & S are advertising their take on the AMG Vision Gran Turismo on James List and say they are going to build just five cars – 2 for Europe, 2 for the Middle East and 1 for the USA – and say they’ve already sold one.