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Mercedes-Benz considering Aston Martin buyout

Mercedes-Benz is reportedly considering a deal to buyout sports car manufacturer Aston Martin, fuelling rumours that the canned Aston Martin Lagonda SUV concept from 2009 (pictured above) could once again be back on. The move would see Merc increase its current 5% stake in the British brand following a deal announced last year to supply AMG engines for Aston’s next generation of sports cars. On Bing: see pictures of the Aston Martin Lagonda SUV concept Find out how much a used Aston Martin costs on Auto Trader It’s no secret the firm has been toying with the idea of a premium SUV following the Lagonds concept, so with Mercedes technical expertise and existing model range, it opens up potential new models to Aston Martin.

Corvette 60th Anniversary to be celebrated at the Petersen

On June 30th, 1953, the first Corvette rolled off the assembly line in Flint, Michigan. Sixty years later and half a country away, the Petersen will honor America's fiberglass wonder within its halls on Wilshire Boulevard in Los Angeles, with a weekend of activities. On Friday, March 1st, Corvette fans will get to pose for photos next to Kirk Bennion, the designer of the latest C7 Corvette, as part of a gala dinner with a live auction, speakers like tuner legend Reeves Callaway, and Corvette-themed cocktails.

Tesla: Model S sales to begin in second quarter of 2012

Tesla Motors plans to begin delivering the Model S electric sedan in the second quarter of 2012 and expects to produce about 20,000 units annually, the company said at the Detroit auto show on Monday. Tesla has booked more than 3,000 reservations for the Model S in North America and Europe. The car's expected base price is $49,000.