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BMW beats Mercedes-Benz to claim first U.S. luxury sales crown

BMW fended off a late-year surge by rival Mercedes-Benz to win its first title as best-selling luxury brand in the United States. BMW said Thursday that U.S. sales rose 15 percent to 26,834 in December, for an annual total of 247,907.

Volvo S60 Review (2014): S60 D4 SE Nav 181 PS manual

This Volvo S60 D4 has the new Drive-E engine Most of the Volvo news of late has been about the new XC90, and Volvo’s new range of engines – the Drive-E range – which look to offer improved economy and emissions with better performance and more flexibility. It’s a bit early to get our hands on the new XC90, but Volvo has sent us the S60 D4 SE Nav with the new 181 PS Drive-E engine to judge for ourselves just how big an improvement the new D4 Drive-E engine is over the old D4. Of course, the 2014 S60 may get the all-news Drive-E engine, but it is still a five year old design and runs on a platform that came from Ford in the first place, so although we get a good idea of what the new engines mean for Volvo going forward, the basics of the S60 are far from new.

U.S. will guarantee GM, Chrysler warranties, Obama says

In a bid to boost flagging auto sales, the federal government will pay for any warranty repairs on a General Motors or Chrysler vehicle if either company can't because of financial problems or a bankruptcy filing, President Barack Obama said on Monday. "Let me say this as plainly as I can. If you buy a car from Chrysler or General Motors, you will be able to get your car serviced and repaired just like always," Obama said in a speech.