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2012 Mini roadster revealed

Mini has revealed the definitive production version of its 2012 roadster. Sister car to the recently introduced coupe, alongside which it will be built at Mini's Oxford plant in England, the compact two-seater arrives a little more than two years after it was first shown in lightly veiled concept car guise at the 2009 Frankfurt motor show. Rival to the enduring Mazda Miata, the Mini roadster is planned to make its public debut at the Detroit auto show in January prior to going on sale in North America in mid-2012.

Eterniti Artemis racks up 5 sales at Beijing Motor Show

Eterniti Artemis - first sales at Beijing Despite a price tag of £250k, Eterniti says they have taken five orders for the Artemis SUV at the Beijing Motor Show. Eterniti Motors finally revealed their Artemis SUV at the Bejing Motor Show (that’s the Cayenne based Super SUV formerly known as the Eterniti Hemera), and it came with a whopping price tag of £250k. But despite that (or maybe because of it) the cost of the stand at Beijing seems to have paid off for Eterniti with the first five sales for the Super SUV being taken – four for the standard car at £210k plus tax and one for a completely bespoke version.

Daimler agrees to unload remaining Chrysler stake

Daimler AG announced today that it has reached an agreement to unload its remaining 19.9 percent stake in Chrysler LLC. "Daimler's remaining 19.9 percent shareholding in Chrysler will be redeemed, and Daimler will forgive repayment of the loans extended to Chrysler, which were already written off in the 2008 financial statement," Daimler said in a prepared statement. All told, Daimler will write off $700 million as a result of the deal, according to the statement.