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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.

Aston Martin Rapide coming home

Aston Martin Rapide - homeward bound It took Aston Martin what seemed like forever to get their four-door supercar – the Aston Martin Rapide – in to production, and even then they didn’t build it themselves. When they were busy planning production of the Rapide the world’s economy was buoyant, credit was a piece of cake and Aston Martins were flying out of the showroom. But the new economic reality bit in 2008 and sales fell at Aston Martin, but by then the plan to get the Rapide built at Magna Steyr in Austria was unstoppable so, despite Aston Martin workers twiddling their thumbs as Magna Steyr built Rapides, there as nothing to be done.

Bentley Continental GT Hybrid?

Bentley Continental GT caught sporting gubbins that looks suspiciously like a Hybrid power train So far, Bentley has opted for Bio-Fuel as a good starting point for going ‘Green’, but if the spy shot you see here is anything to go by, it looks like we could be seeing a Bentley Hybrid before too long. Snapped in Spain, where many car makers do hot weather testing in Europe, this Bentley Continental GT is definitely sporting something major in the mechanical department that doesn’t fit with the stock car. The guy who snapped the car also said it was running very quietly – perhaps indicating it was in electric cruise mode.