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Mercedes' GLK problem: Too many high-end models in the U.S.

Mercedes-Benz has adjusted option packages on its new GLK-class premium SUV to help cope with an oversupply of high-priced versions. Ernst Lieb, CEO of Mercedes-Benz USA, said the company exported too many high-end models for the January U.S. launch.

Toyota Prius plug-in hits UK

The Toyota Prius plug-in arrives in the UK The next step in the Toyota Prius story is the plug-in Prius, which adds some Lithium-Ion batteries to the mix and the ability to plug the Prius in to the mains to get a usable kick-start to your day’s motoring, with an electric only range of up to 12.5 miles – around double the range a regular Prius can manage when fully charged. Toyota announced plans to get 500 Prius Plug-in Hybrids on the roads in 2010 back in September last year to evaluate their real-world performance before the plug-in gets a proper release – probably in 2012. Toyota are leasing 20 of the Prius plug-ins to a handful of public and private businesses in London as part of their plan to develop the Prius plug-in, and reduce the company’s overall CO2 levels – something which is sadly required by legislation.

Volvo and Pininfarina to end their Swedish joint venture for the C70

Volvo Car Corp. will take full ownership of a Swedish car assembly joint venture that it started eight years ago with Italy's Pininfarina S.p.A. Volvo said it will assume responsibility for Pininfarina Sverige AB and its operations in Uddevalla, Sweden, in May 2013.