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Fiat's Montezemolo plans to quit as chairman, sources say

Fiat S.p.A. Chairman Luca Cordero di Montezemolo will quit as company chairman to go into politics, three sources close to the company said. Montezemolo is set to stay on Fiat group's board, as well as remain chairman of the company's Ferrari sports car subsidiary.

New fuel-economy labels will baffle buyers, survey says

A survey released this week suggests that revised fuel economy labels proposed by federal regulators will confuse many likely car buyers -- and will emphasize the wrong information. The branding strategy firm Siegel+Gale performed an independent online survey of 456 people over the age of 18 who intended to buy a car in the next three years. Founder Alan Siegel told Automotive News that the survey was not directly requested but has been sent to the EPA and National Highway Traffic Safety Administration during the ongoing public comment period.

BMW's M Sport 7-series (2009): first official pictures

By James Popsys First Official Pictures 26 June 2009 00:01 BMW has revealed its first ever M Sport 7-series, engine revisions for its best-selling 730d, and a new 740d that will become the most powerful ever Seven diesel when in goes on sale in September 2009.  There's an M Aerodynamic bodykit with bigger front and rear bumpers, questionable chrome highlights, and some rather tasty 19-inch twin-spoke alloys. On the inside brushed aluminium trim, an anthracite headlining, sport seats, an M Sport steering wheel and M Sport sill inlays complete the package.  Afraid not - the 740d is equipped with a 306bhp/443lb ft 3.0-litre twin-turbo engine. The result is a 0-62 sprint completed in just 6.3 seconds, a limited top speed of 155mph top speed, 40.9mpg on the combined cycle and CO2 emissions of just 181g/km.