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Daimler takes 10 percent stake in EV maker Tesla

Daimler AG has acquired an equity stake of nearly 10 percent of California electric car maker Tesla Motors Inc., the German automaker said Tuesday. The two companies have been working together to integrate Tesla's lithium-ion battery packs and charging electronics into the first 1,000 units of Daimler's electric Smart car. Daimler said its stake in Tesla will allow the companies to collaborate even more closely on the development of battery systems, electric drive systems and in individual vehicle projects.

Subaru Impreza

Following on from the Impreza concept that debuted at L.A last year, the all new Subaru Impreza, set to be unveiled at New York looks set to retain most of the concepts attributes. Subaru have officially 'teased' this side profile shot of the car, showing that the concepts pronounced arches, DLO and surfacing seems to have made the transition to production model, relatively unscathed. Subaru have been relatively scarce with information on the new model, other than to say that the new design results in a roomier cabin, with new level of comfort and refinement.

Aston Endures

Aston Martin is unabashed in the claim: It's the coolest luxury car brand in the world. It says so openly. And really, who can argue?