BMW introduces M550d xDrive in Europe

BMW has announced a new variant of the 5 Series named M550d xDrive. Developed for the European market, the diesel-powered hot rod gets a gets 3.0-liter straight-six that uses four turbochargers to generate 400 horsepower and 560 pound-feet of torque.   


MG E-Motion concept headed to production

The head-turning MG E-Motion concept will spawn a production model in 2020, the company has confirmed. The all-electric coupe will start at under $40,000 in the United Kingdom.   


Henrik Fisker to unveil EV in August

Designer and entrepreneur Henrik Fisker will introduce an electric luxury car named E-Motion in August. Aimed at the Tesla S, the E-Motion sedan will offer 400 miles of range.   


Chevy Bolt fleet nears 4.6M miles

The company estimates the Bolt has collectively saved around 175,000 gallons of gasoline, after just a few months of limited availability.   


Borgward to build plant in Germany

Borgward was recently resurrected with help from BAIC, an automaker owned by the Chinese government. The brand plans to begin building a factory in its home town of Bremen, Germany, next year. The plant will produce an all-electric crossover, among other models. Production is tentatively scheduled to kick off in 2019.


GM fires nearly 2,700 in Venezuela

General Motors has reportedly fired nearly 2,700 employees in Venezuela by sending them a text message, according to sources who spoke to Reuters. The company's Venezuelan plant hasn't produced a car since early 2016, and it was recently seized by the nation's government.


Jaguar XF Sportbrake teased

Jaguar is getting ready to launch a second-generation of its XF Sportbrake wagon.


Honda to bring back Passport nameplate?

A trademark application suggests Honda could resurrect the Passport nameplate. Launched in 1993, the Passport was a badge-engineered Isuzu Rodeo, and Honda's first entry into the light truck segment. The 21st century Passport could be a short-wheelbase variant of the Pilot.


Nissan prices 2017 Rogue Sport

The new Nissan Rogue Sport will arrive in showrooms next month. Pricing starts at $22,380 after a mandatory $940 destination charge is factored in. Front-wheel drive comes standard, and customers can add all-wheel drive for $1,350.   


80-mile Mercedes SL sells at auction

A 1996 Mercedes-Benz SL500 with just 80 miles on the clock just sold for approximately $73,000. The convertible was stored indoors for decades because the owner lost the keys shortly after taking delivery.