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Local Motors Announces Alaska Motors Competition Winners

Startup American independent car company Local Motors has announced the winner of its Alaska Motors competition, which called for entrants to design a concept vehicle for the Wrangell Mountain Extreme, a made-up race that takes place in the grueling Alaskan frontier.   Challenged to design a conceptual vehicle for the most difficult environmental conditions, designers competed for Wacom prizes and the finalists were then chosen by the community, as they have been for the last 17 competitions. Coming in first place was recent Strate College graduate Anthony Colard for his 'B-Polar' concept, a vehicle that features a unique moving chassis with a rotating axis around its fuel tank allowing it to easily maneuver through rough terrain.

Infiniti 'gunning for 700,000 sales' - Ghosn

Infiniti is planning to announce a new sales target of 10% global luxury market share - quadrupling sales to 700,000 a year - in a new mid-term statement due this summer. Renault Nissan chief executive Carlos Ghosn told CAR that Infiniti is on line to sell 165,000 cars worldwide in 2011 but said Nissan was investing heavily in its premium division to swell sales considerably. It's an ambitious goal: if successful, Infiniti would be encroaching on the 1m+ territory today dominated by the German luxury brands.

'Need for Speed' custom Ford Mustang sells for $300,000

The customized Ford Mustang from "Need for Speed" recently sold for big bucks at Barrett-Jackson, to the tune of $300,000. It may seem like a lot for a Mustang with a body kit in a movie that isn't going to win any awards. But the money went to a good cause -- it supports the Edith and Benson Ford Heart & Vascular Institute.