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Mercedes-Benz inaugurates Advanced Design Studio in Beijing, China

Mercedes-Benz inaugurated its global Advanced Design Center in Beijing, China, yesterday, Thursday July 21. The Beijing design center, Daimler's fifth advanced design studio worldwide, further reinforces the growing importance of the Chinese auto market and Beijing in particular; the city is increasingly influencing changing needs and trends. The new 1,000 square meter Advanced Design Studio employs a total of around 20 designers who will contribute to the future design of Mercedes-Benz automobiles, competing and working with the company's other studios in Germany, Italy, Japan and the USA.

Chevrolet to pull out of Europe

General Motors is ‘strengthening’ its ‘European brand strategy’ by pulling Chevrolet out of mainstream markets in Western and Eastern Europe. This is ‘largely due to a challenging business model and the difficult economic situation’ – but does not mean that Chevrolet is set to disappear entirely. On Bing: see pictures of European Chevrolets Find out how much a used Chevrolet costs on Auto Trader Instead, Chevrolet ‘tailor its presence’ by offering only select ‘iconic’ vehicles from the marque’s global portfolio.

Koenigsegg Agera R smashes six Guinness world records: Video

Koenigsegg, our favorite hard-to-pronounce Swedish supercar manufacturer, got the word on Wednesday that its latest car has broken six world records. The Agera R, which uses a twin-turbocharged 5.0-liter V8 engine, sprinted from 0 to 300 kph (186.4 mph) in a Stephen Hawking-impressing 14.53 seconds. For us nonmetric types, the Agera R also went from 0 to 200 mph in 17.68 seconds; both runs were verified with a Racelogic VBox recorder.