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Cadillac ATS and Tesla Model S make final five in Innovation By Design Award's 'Transportation' category

Cadillac's ATS and the Tesla Model S are among the five finalists bidding to win the ‘Transportation' category at this year's Innovation by Design Awards, which celebrates groundbreaking designs from the past year. Established last year by design magazine Fast Company, the awards consist of eight different categories – 2D Design, Products, Interactive Experience, Transportation, Spaces, Social Good, Concepts and Student Design – and this year saw over 1,200 submissions from all over the world, from corporations all the way down to individuals' designs. After a jury of 24 experts from all design disciplines – including J Mays, Ford's vice president of design and chief creative officer – whittled them down to just 54 designs, the Cadillac ATS and the Tesla Model S are battling for their category award against three other designs from 2013.

BMW 640d xDrive announced

On Thursday, Greg Kable waxed effusively about the new BMW M550d xDrive coupe, suggesting that it was the ultimate 5-series for everyday use. On Friday, Munich announced that the 5's two-door sibling will receive an AWD diesel variant: the 640d xDrive. While not quite as high-zoot as the 5-series' top oil burner, the 640d's 3.0-liter, twin-turbo straight-six cranks out a respectable 465 lb-ft of almighty torque between 1,500 rpm and 2,500 rpm, plus 313 hp at 4,400 rpm—numbers that, according to BMW, will carry the 6-series to 60 mph in 5.2 seconds.

Fiat 500L

Fiat has released official images of its new 500L ahead of its Geneva motor show debut. The L – short for large – is a new, five-seat B/C-segment MPV that is set to go on sale late 2012. Despite carrying the 500 moniker, the lower half of the car bears more resemblance to the Panda, thanks to its exaggerated fender surfaces and 'squircular' body mouldings.