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BMW 5-series is in line for the company's new triturbo diesel engine

Details leaked from a dealer conference held in Holland this week suggest that BMW's upcoming 550dX will be the first recipient of the German carmaker's new high-tech triturbo 3.0-liter inline six-cylinder diesel engine. The new engine, which also is destined for the new X5 xDrive50d and X6 xDrive50d models, is claimed to produce 376 hp and more than 516 lb-ft of torque--some 70 hp and more than 74 lb-ft more than the most powerful version of BMW's existing twin-turbocharged 3.0-liter inline six-cylinder diesel engine, as found in the X5 xDrive40d. The radical new engine, which is rumored to use two traditional exhaust-blown turbochargers in combination with an electrically driven turbocharger to add low-end response, is planned to be offered exclusively with an eight-speed automatic gearbox and four-wheel drive.

Tesla repays government loans – a first, say Tesla. Chrysler disagree.

2013 is turning in to a very good year for Tesla. The Tesla Model S has had more praise heaped on it than almost any car ever has, they are making an operating profit and their shares are going through the roof. So with the stars aligning for Tesla they’ve taken the opportunity to pay back $465 million of US Department of Energy loans, nine years early.

General Motors taps Europe design chief to run Cadillac, Buick

General Motors is bringing Opel's design chief to the United States to lead Cadillac and Buick styling and is moving the head of Buick and GMC styling to the top design post in Europe. The automaker is also shuffling duties for two other top design executives. The changes were announced Monday.