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Daimler raises its stake in Aston Martin to 5%, as alliance deepens

By Tim Pollard Motor Industry 04 August 2014 17:42 Daimler has raised its stake in British sports car maker Aston Martin as the Anglo-German alliance strengthens, it emerged today. The Mercedes-Benz parent company grew its stakeholding by 1% on 31 July 2014, the company confirmed. Daimler now owns 5% of Aston Martin.

2013 Chrysler 300 John Varvatos limited edition to be auctioned at Cattle Baron's Ball

The newly remodeled Cobo Center will host the 11th annua lAmerican Cancer Society Cattle Baron's Ball this Saturday with Chrysler as the presenting sponsor. Over the past decade, the event has raised over $10 million to help with efforts to combat cancer and to support those currently battling the disease. The American Cancer Society is marking its 100th anniversary.

Citroen DS3 Cabrio to get Top Gear Live UK debut

The drop top version of the DS3 – the Citroen DS3 Cabrio – is to get its UK debut at this year’s Top Gear Live shows. Just as Fiat has with the 500, Citroen has given the DS3 Cabrio a folding roof that keeps pillars and roof rails in place so the DS3 Cabrio looks just like the regular DS3 with the roof up, saving weight and costs and keeping the very good looks of the DS3 intact. The DS3 Cabrio is due to go on sale in early 2013 – just in time for first customer deliveries in the spring – but ahead of the UK arrival of the Cabrio you can see Citroen’s appealing drop top at this year’s Top Gear Live shows.