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2012 Hyundai Veloster stickers at $18,060

Hyundai has set the base price of the 2012 Veloster with six-speed manual transmission at $18,060, including destination. The three-door Veloster will also be available with six-speed EcoShift dual-clutch transmission for $19,310. Hyundai says it means for the front-wheel-drive car to appeal to the same group of buyers as the Mini Cooper, the Volkswagen Beetle and the Scion tC.

NHTSA investigates 2011-12 Ford Mustang for gearbox problems

The National Highway Traffic and Safety Administration has opened a preliminary investigation into 26,000 manual-equipped Ford Mustangs from model years 2011 to 2012, the organization said on Sunday. NHTSA has received 32 complaints of an inability to shift gears, some nearly resulting in crashes. The complaints range from the grinding of gears to the complete lockout of others.

Aston Martin make Nissan’s Andy Palmer their new CEO

Andy Palmer (pictured) is taking the reins at Aston Martin Lagonda Aston Martin has effectively been without a boss since Ulrich Bez stepped down from the role last year, but that changes with the announcement that Andrew Palmer – until now, Chief Planning Officer of Nissan – is to step in to the role. There’s no specific start date for Andy Palmer at Aston, but Nissan has announced that Philippe Klein will take up Palmer’s role at Nissan on 15 September, so it shouldn’t be long before Palmer holds the reins at Aston Martin. But what exactly has persuaded Andy Palmer to jump from a big corporate behemoth like Nissan to a struggling luxury car maker with owners who either want to tug the operating strings (the Kuwaitis) or are looking for a quick return (Investindustrial)?