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2012 Mercedes-Benz SLK revealed

Following its premature unveiling in a French-language marketing video late last year, Mercedes-Benz has now issued official photographs of the new SLK. Set to make its debut at the German carmaker's 125th birthday celebrations in Stuttgart at the end of January--prior to North American sales beginning this summer--the popular two-seat roadster was thoroughly re-engineered with a new rear-wheel-drive platform and more contemporary engine and gearbox combinations. The car will make its auto-show debut in Geneva.

Italy’s Supercar sales down 80% as Italy heads for 50 year car sales low

Sales of Supercars in Italy have dropped 80% in the last 5 years and car sales look set to drop to the lowest point since 1966. We all know the Eurozone is finally paying the price for stitching together powerhouse economies and basket case ones with the same blunt fiscal tools to control their economies. And even Italy – once a major Southern European economy – seems to be as big a basket case as Greece and Cyprus if you start to dig a bit.

Tesla Model S first EV to earn high praise from Consumer Reports

Tesla Motors Inc.'s all-electric Model S sports car received the highest score in Consumer Reports' ratings -- a 99 out of 100 -- along with widespread plaudits from the magazine's automotive testing staff. The magazine said the $89,650 EV it tested "performed better, or just as well overall, as any other vehicle -- of any kind -- ever tested by Consumer Reports." The last vehicle to achieve a score of 99 in the magazine's testing was the Lexus LS 460L, which was tested in 2007. The Model S, which went on sale in 2012, also marks the first time any electric vehicle has earned a score that high, the magazine said Thursday.