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Alfa Romeo 8C based Disco Volante by Touring makes limited production

The Alfa Romeo Disco Volante (pictured) is going in to limited production The Alfa Romeo 8C is a beautiful – if flawed – supercar from Alfa, made even more individual by by Carrozzeria Touring Superleggera with their Alfa Disco Volante Concept in 2012. That Concept – which arrived at the Geneva Motor Show in 2012 – has now been updated for 2013 and is being put in to limited production for those with deep pockets to indulge in an Alfa even more rare than the 8C itself. The Disco Volante pays homage to the 1952 Alfa Romeo Disco Volante – based on the Alfa 1900 – and is built from aluminium and carbon fibre to keep weight in check, although under the skin remains pretty much Alfa 8C.

Daimler agrees to unload remaining Chrysler stake

Daimler AG announced today that it has reached an agreement to unload its remaining 19.9 percent stake in Chrysler LLC. "Daimler's remaining 19.9 percent shareholding in Chrysler will be redeemed, and Daimler will forgive repayment of the loans extended to Chrysler, which were already written off in the 2008 financial statement," Daimler said in a prepared statement. All told, Daimler will write off $700 million as a result of the deal, according to the statement.

New Kia Magentis / Kia Optima (2011) revealed

Kia will reveal the 2011 Magentis/Optima at the New York Motor Show in April Hot on the heels of the sketches we saw of the 2011 Kia Magentis just before the Geneva Motor Show, we now get a photo of Kia’s take on the Hyundai i40 (well, a CGI anyway). Which does seem a long lead time. We know that Kia intend to show the Magentis/Optima at the New York Motor Show next month, but we’re not expecting to see the Magentis in showrooms until 2011.