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Ford announces new Silicon Valley research laboratory

Ford has announced plans to open a new R&D center in California's Silicon Valley with a view to creating a hub for collaborative technology projects. With neighbors including Google, Microsoft, facebook, Apple and Stanford University, it's certainly setting up shop in the right part of town. Its location also connects Ford's Advanced Design Studio in Irvine, CA and Ford employees working with connectivity platform partner Microsoft Corp.

Mercedes SL 65 AMG 45th Anniversary brings a tear to the eye

Mercedes-Benz has released a promo video for the SL 65 AMG 45th Anniversary model giving grown men permission to cry. The 2012 Mercedes SL does look to offer far more for the driver than any SL that’s gone before, and the range-topping SL 65 promises to be a proper supercar. Mercedes are kicking off the SL65 with the Mercedes SL 65 AMG 45th Anniversary Edition, built to celebrate 45 years of AMG, which offers extra goodies over and above the already well specced SL 65.

BMW, Daimler experiment with upscale rent-by-the-ride

Two European luxury brands are tiptoeing into car sharing, a radical move for carmakers whose business for the past 100 years has been selling to individuals. German archrivals Daimler AG and BMW AG have launched sharing programs. The automakers say the move was prompted by changing attitudes about car ownership, especially among young buyers, and increased urban congestion.