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BMW offers new M Performance accessories for M5 and M6

Tuners Alpina and AC Schnitzer aren't the only ones offering just about everything in carbon fiber for BMWs these days, and BMW has introduced performance accessories for their M5 and M6 cars, including the M6 Gran Coupe, Convertible, and Coupe. On the performance front, car owners will be able to purchase and retrofit an exhaust system developed by BMW's M division and engineering company Akrapovič -- one made entirely of titanium. This new exhaust system will be available for the M5, and all versions of the M6 and will result in a weight savings of approximately 22 pounds.

BMW Megacity Vehicle (MCV)

BMW's Project i – an internal codename for a possible sub-brand dedicated to green urban driving – has been in the works for some time. The Vision EfficientDynamics concept, unveiled at the 2009 Frankfurt Show, showcased some of the lightweight technological advances and design thinking behind the forthcoming zero-emission cars. Recently the firm held a Project i event, where it released teaser sketches of the first vehicle to result from the project, the Megacity Vehicle (MCV) – a four-seater electric car with a rear-mounted engine and rear wheel drive.

Ford cuts CEO's compensation 37%

Ford Motor Co. CEO Alan Mulally earned $13.57 million in total compensation in 2008, a 37 percent decline, as the automaker avoided seeking a federal bailout while posting a record loss. Mulally will take an additional 30 percent cut in salary this year and next as he battles a global financial crisis and the worst U.S.