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BMW 328 Hommage concept headed to Concorso d'Eleganza Villa d'Este at Lake Como

BMW has a history that is nearly unparalleled, and in celebration of the German company's unique blend of luxury and sport, it will showcase a tribute concept called the 328 Hommage this weekend at the Concorso d'Eleganza Villa d'Este on the shores of Lake Como in Italy. The 328 Hommage will employ a straight six-cylinder powerplant and the familiar kidney-shaped BMW grille stretched upright in dramatic fashion. The interior and exterior make heavy use of carbon-fiber-reinforced plastic and there are no doors--just deep recesses.

MG name stands proud again at Longbridge

The company that runs the remnants of former UK automaker MG Rover has dropped a reference to its Chinese parent from its name. NAC MG UK has changed its name to MG Motor UK to emphasize the MG name, a company spokesman said. Nanjing Automobile Company or NAC bought MG Rover's assets in July 2005, three months after the UK's last domestically owned volume carmaker collapsed through financial difficulties.

News watch August 2012: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Friday 31 August 2012•European car sales continue to struggle, down 8.2% in July. Spain, europe's biggest market, saw sales frop the most, by a massive 26%.