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Volkswagen buys stake in Suzuki

Volkswagen will buy nearly 20 percent of Suzuki for $2.5 billion in a deal poised to continue VW's ambitious growth plans and bolster its global product offerings. The companies announced the agreement on Wednesday, and it could close in January. The deal allows VW to draw on Suzuki's small-car capabilities and strong position in India.

Future products: Acura will push for luxury credentials without V8, RWD

The dreams of getting a V8 engine, rear-wheel-drive platforms and a sports car to replace the NSX have died for Acura dealers. Now the question is whether Acura can follow Audi's lead and elevate its brand from premium to luxury with front- and all-wheel-drive platforms. Meanwhile, Acura may return to two segments that it had abandoned by adding a compact car and a coupe.

Ford shows Edge Concept

Ford took the wraps of the Edge Concept at the LA Auto Show, and the company says the crossover offers strong hints at the next-generation production Edge. The big news is a sleeker shape, front and rear LED lights, better fuel economy and technology that includes self parking and obstacle avoidance. The self parking is a prototype technology using sensors that allow the Edge to be parked at the touch of a button, or remotely.